Fresh Del Monte: Executive Equity Awards Detailed
Ticker: FDP · Form: DEF 14A · Filed: Apr 25, 2025 · CIK: 1047340
Sentiment: neutral
Topics: executive-compensation, equity-awards, sec-filing, DEF14A
TL;DR
Del Monte's exec comp filing shows details on equity awards and their changing values.
AI Summary
Fresh Del Monte Produce Inc. filed a DEF 14A on April 25, 2025, detailing executive compensation and equity awards. The filing covers periods up to December 27, 2024, and includes information on the change in fair value of outstanding equity awards granted in prior years to "Peo" members, as well as dividend or other earnings paid on equity awards not otherwise reflected in total compensation for covered years.
Why It Matters
This filing provides transparency into how executive compensation is structured, particularly concerning equity awards, which can influence company performance and shareholder value.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and equity awards, which typically does not introduce new material risks.
Key Numbers
- 2024-12-27 — Equity Award Vesting Date (Represents a key date for equity awards granted to "Peo" members.)
- 2023-12-30 — Equity Award Vesting Date (Represents a key date for equity awards granted to "Peo" members.)
Key Players & Entities
- FRESH DEL MONTE PRODUCE INC (company) — Filer
- 0000950170-25-058700 (filing_id) — Accession Number
- 20250425 (date) — Filing Date
- 20250605 (date) — Period of Report
FAQ
What is the primary purpose of this DEF 14A filing for Fresh Del Monte Produce Inc.?
The primary purpose is to provide detailed information regarding the company's executive compensation, including equity awards, and related corporate governance matters.
What specific types of equity awards are detailed in the filing?
The filing details equity awards granted to "Peo" members, including their fair value, changes in fair value, and dividends or other earnings paid on these awards.
What is the reporting period covered by this filing?
The filing is as of April 25, 2025, and the period of report is June 5, 2025, with specific data points referencing fiscal year-end dates like December 30, 2023, and December 27, 2024.
Who are the "Peo" members mentioned in relation to equity awards?
"Peo" members likely refer to the company's named executive officers (NEOs) or principal executive officers, as is common in SEC filings concerning compensation.
What does the 'change in fair value' of equity awards signify?
The change in fair value indicates fluctuations in the market value of the equity awards granted in prior years, impacting the total compensation of the executives.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 25, 2025 regarding FRESH DEL MONTE PRODUCE INC (FDP).