Del Monte Corp director Ahmad Abu-Ghazaleh reported an open-market purchase linked to his family holdings. On June 11, 2026, his spouse indirectly purchased 4,000 Ordinary Shares at $29.405 per share, bringing her indirect position to 4,000 shares. Separate from this, 40,000 Ordinary Shares are held indirectly through his children, and 53,177 Ordinary Shares are held directly.
He also holds equity-based awards. These include 3,717 Restricted Stock Units that convert into Ordinary Shares on a one-for-one basis and are scheduled to vest on May 4, 2026, plus 38.7053 Dividend Equivalent Units, each representing a contingent right to receive one Ordinary Share and subject to the same vesting terms as the related RSUs.
Insider Abu-Ghazaleh Ahmad
Role null
Bought 4,000 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 4,000 | $29.405 | $118K |
| holding | Dividend Equivalent Units | — | — | — |
| holding | Restricted Stock Units | — | — | — |
| holding | Ordinary Shares | — | — | — |
| holding | Ordinary Shares | — | — | — |
Holdings After Transaction: Ordinary Shares — 4,000 shares (Indirect, By Spouse); Dividend Equivalent Units — 38.705 shares (Direct, null); Restricted Stock Units — 3,717 shares (Direct, null); Ordinary Shares — 53,177 shares (Direct, null)
Spouse purchase 4,000 Ordinary Shares Indirect open-market purchase on June 11, 2026
Purchase price $29.405 per share Price for 4,000-share indirect purchase
Direct holdings 53,177 Ordinary Shares Shares held directly following reported transactions
Children-held shares 40,000 Ordinary Shares Indirect ownership held by children
Restricted Stock Units 3,717 RSUs Convert one-for-one into Ordinary Shares; vest May 4, 2026
Dividend Equivalent Units 38.7053 DEUs Each represents contingent right to one Ordinary Share
Restricted Stock Units financial
“These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).”
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 Dividend Equivalent Unit (“DEU”) represents 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 38.7053 Ordinary 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.
one-for-one basis financial
“The RSUs convert to Ordinary Shares on a one-for-one basis.”
vest financial
“These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).”
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
SEC Form 4
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
(Country) |
2. Issuer Name and Ticker or Trading Symbol DEL MONTE CORP [ FDP ] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
|
|||||||||||||||||
| 2a. Foreign Trading Symbol |
|||||||||||||||||||
| 3. Date of Earliest Transaction (Month/Day/Year) 06/11/2026 |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) |
| Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Ordinary Shares | 06/11/2026 | P | 4,000 | A | $29.405 | 4,000 | I | By Spouse | ||
| Ordinary Shares | 53,177 | D | ||||||||
| Ordinary Shares | 40,000 | I | Held By Children | |||||||
| Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Dividend Equivalent Units | Ordinary Shares | 38.7053 | 38.7053 | D | |||||||||||
| Restricted Stock Units | Ordinary Shares | 3,717 | 3,717 | D | |||||||||||
| Explanation of Responses: |
| Remarks: |
| /s/ Effie D. Silva, Attorney-in-Fact for Ahmad Abu-Ghazaleh | 06/15/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 4: SEC 1474 (03-26) | ||
FAQ
What insider transaction did Del Monte (FDP) director Ahmad Abu-Ghazaleh report?
He reported an indirect open-market purchase by his spouse of 4,000 Del Monte Ordinary Shares at $29.405 per share on June 11, 2026. This filing also updates his direct, children-held, and award-related share positions.
What Restricted Stock Units (RSUs) does the Del Monte (FDP) director hold?
He holds 3,717 Restricted Stock Units that convert into Ordinary Shares on a one-for-one basis. According to the disclosure, these RSUs are scheduled to vest on the one-year anniversary of the grant date, which is May 4, 2026.
What are Dividend Equivalent Units in this Del Monte (FDP) Form 4 filing?
Dividend Equivalent Units, or DEUs, are awards that mirror dividends on underlying RSUs. Each DEU represents a contingent right to receive one Ordinary Share and follows the same restrictions and vesting criteria as the related RSUs noted in the director’s holdings.
How many Dividend Equivalent Units does the Del Monte (FDP) director hold?
He holds 38.7053 Dividend Equivalent Units tied to his Restricted Stock Units. Each DEU corresponds to one Ordinary Share and is subject to the same vesting conditions as the underlying RSUs, effectively tracking dividends on those unvested equity awards.