Nomad Foods (NYSE: NOMD) CFO details share and PSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nomad Foods Ltd director and Chief Financial Officer Ruben Baldew filed an initial ownership report showing his equity interests in the company. He directly holds 324,151 Ordinary Shares, which include 184,991 Restricted Share Units scheduled to vest on June 17, 2027. He also holds several grants of Performance Based Share Units that each represent a contingent right to receive one Ordinary Share, earned over three-year performance periods and vesting on February 28, 2027, February 28, 2028 and February 28, 2029 once performance conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BALDEW RUBEN
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Based Share Units | -- | -- | -- |
| holding | Performance Based Share Units | -- | -- | -- |
| holding | Performance Based Share Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance Based Share Units — 44,248 shares (Direct);
Ordinary Shares — 324,151 shares (Direct)
Footnotes (1)
- Includes 184,991 Restricted Share Units which will vest on June 17, 2027. These Performance Based Share Units ("PSUs") will be earned based upon the Issuer's performance during the three-year performance period. Once earned, the performance based share units will vest on February 28, 2027. Each PSU represents a contingent right to receive one Ordinary Share of the Issuer. These PSUs will be earned based upon the Issuer's performance during the three-year performance period. Once earned, the performance based share units will vest on February 28, 2028. These PSUs will be earned based upon the Issuer's performance during the three-year performance period. Once earned, the performance based share units will vest on February 28, 2029.
FAQ
What does the Nomad Foods (NOMD) Form 3 filing by CFO Ruben Baldew show?
The Form 3 shows CFO Ruben Baldew’s initial ownership in Nomad Foods, including 324,151 Ordinary Shares and multiple performance-based and restricted share units that vest between 2027 and 2029, subject to time-based and performance-based conditions.
What equity awards are disclosed for Nomad Foods CFO in the Form 3?
The filing discloses Performance Based Share Units and Restricted Share Units. Each PSU represents a contingent right to receive one Ordinary Share, earned over a three-year performance period, with vesting dates in 2027, 2028, and 2029 once performance goals are achieved.