4/A: Fresh Del Monte Produce Inc. Executive Monica Vicente Amends SEC Filing to Correct Dividend Amount

Monica Vicente, SVP and CFO of Fresh Del Monte Produce Inc., amends a previous SEC Form 4 filing to correct an error in the reported dividend amount related to Dividend Equivalent Units.

Summary

• Monica Vicente, the SVP and Chief Financial Officer of Fresh Del Monte Produce Inc. [FDP], has amended a Form 4 filing with the SEC.
• The amendment, filed on February 29, 2024, corrects the dividend amount previously reported on December 12, 2023.
• The correction pertains to Dividend Equivalent Units (DEUs) received as a result of dividend equivalents accrued with respect to outstanding Restricted Stock Units (RSUs) and/or Performance Stock Units (PSUs).
• The corrected filing shows the acquisition of 96.9946 Dividend Equivalent Units on December 8, 2023, with a price of $0, bringing the total DEUs beneficially owned to 398.1578.
• The original Form 4 was amended solely to reflect the correct dividend amount, which was incorrectly reported due to an administrative error.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. It doesn't indicate any fundamental issues with the company, but the initial error is a minor negative.

Negatives

• The original Form 4 filing contained an incorrect dividend amount due to an administrative error, requiring an amendment.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Key Dates