Fresh Del Monte (NYSE: FDP) director exercises 4,638.2267 RSU-linked shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fresh Del Monte Produce Inc. director Ajai Puri reported equity compensation activity. On May 5, 2026, he exercised 4,489 Restricted Stock Units (RSUs) and 149.2267 Dividend Equivalent Units (DEUs), which converted into the same number of ordinary shares, with a small fractional DEU amount paid in cash.
The filing notes that each RSU and DEU converts into one ordinary share, and that 0.2267 DEUs were settled in cash due to fractional shares. On May 4, 2026, he also received a new grant of 3,717 RSUs, which are scheduled to vest on the one-year anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,638.227 shares exercised/converted
Mixed
5 txns
Insider
PURI AJAI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Units | 149.227 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,489 | $0.00 | -- |
| Exercise | Ordinary Shares | 4,489 | $0.00 | -- |
| Exercise | Ordinary Shares | 149 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,717 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units — 0 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 12,206 shares (Direct, null)
Footnotes (1)
- 0.2267 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash. Each DEU represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate. Includes 149.2267 shares acquired through a dividend reinvestment plan. The RSUs convert to Ordinary Shares on a one-for-one basis. These RSUs vested on the one-year anniversary of the grant date (May 5, 2025). These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).
Key Figures
RSUs exercised: 4,489 units
Dividend Equivalent Units exercised: 149.2267 units
New RSU grant: 3,717 units
+1 more
4 metrics
RSUs exercised
4,489 units
Restricted Stock Units converted into ordinary shares on May 5, 2026
Dividend Equivalent Units exercised
149.2267 units
DEUs converted into ordinary shares on May 5, 2026; fractional part paid in cash
New RSU grant
3,717 units
Restricted Stock Units granted on May 4, 2026, vesting after one year
Total derivative exercises
4,638.2267 units
Aggregate RSU and DEU exercises reported in transaction summary
Key Terms
Restricted Stock Units, Dividend Equivalent Units, dividend reinvestment plan, vest, +1 more
5 terms
Restricted Stock Units financial
"The RSUs convert to Ordinary Shares on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent Units financial
"Each DEU represent a contingent right to receive one ordinary share of FDP."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
dividend reinvestment plan financial
"Includes 149.2267 shares acquired through a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
vest financial
"These RSUs vested on the one-year anniversary of the grant date (May 5, 2025)."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Ajai Puri report at Fresh Del Monte (FDP)?
Ajai Puri reported equity compensation transactions, not open-market trades. He exercised 4,489 Restricted Stock Units and 149.2267 Dividend Equivalent Units into ordinary shares and received a new grant of 3,717 RSUs as part of his director compensation.
What new equity award did Ajai Puri receive from Fresh Del Monte (FDP)?
He received a grant of 3,717 Restricted Stock Units. Each RSU represents a contingent right to receive one ordinary share and is scheduled to vest on the one-year anniversary of the grant date, May 4, 2026, subject to the stated vesting criteria.
How do Dividend Equivalent Units work in the Fresh Del Monte (FDP) filing?
Dividend Equivalent Units mirror dividends on underlying RSUs. Each DEU represents a contingent right to one ordinary share and follows the same vesting rules as the related RSUs, with fractional DEUs, like 0.2267 units here, settled in cash instead of shares.