Nomad Foods (NYSE: NOMD) director has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nomad Foods director Carey J. Dorman reported a routine tax-withholding transaction related to equity compensation. On July 2, 1,676 ordinary shares were disposed of at $10.02 per share to cover tax liabilities from vesting restricted stock units. After this withholding, Dorman directly holds 29,356 ordinary shares.
A footnote explains that 8,378 restricted stock units vested on June 22, 2026 and were settled on July 2, 2026, with the issuer withholding the reported shares to satisfy associated taxes. This event reflects compensation mechanics rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dorman Carey J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 1,676 | $10.02 | $17K |
Holdings After Transaction:
Ordinary Shares — 29,356 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,676 shares
Withholding price per share: $10.02 per share
Shares held after transaction: 29,356 shares
+1 more
4 metrics
Shares withheld for taxes
1,676 shares
Ordinary shares withheld on July 2, 2026 for tax liability
Withholding price per share
$10.02 per share
Value used for the 1,676 shares withheld for taxes
Shares held after transaction
29,356 shares
Direct Nomad Foods ordinary shares held by Dorman after withholding
Restricted stock units vested
8,378 RSUs
RSUs vesting on June 22, 2026 and settled on July 2, 2026
Key Terms
restricted stock units, tax liability, withheld the reported shares
3 terms
restricted stock units financial
"8,378 restricted stock units held by the reporting person vesting on June 22, 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.
tax liability financial
"to cover the reporting person's tax liability associated with the vesting"
FAQ
What insider transaction did Nomad Foods (NOMD) director Carey J. Dorman report?
Carey J. Dorman reported a tax-related share disposition, not an open-market trade. The company withheld 1,676 ordinary shares at $10.02 each to cover taxes from vesting restricted stock units, a common equity compensation mechanism for executives and directors.
What are the post-transaction holdings of Carey J. Dorman in Nomad Foods (NOMD)?
After the tax-withholding disposition, Carey J. Dorman directly holds 29,356 Nomad Foods ordinary shares. This figure reflects his remaining direct equity position following the withholding of 1,676 shares to cover tax liabilities tied to vesting restricted stock units.
How many restricted stock units vested for Carey J. Dorman at Nomad Foods (NOMD)?
A total of 8,378 restricted stock units vested for Carey J. Dorman. According to the footnote, these units vested on June 22, 2026 and were settled on July 2, 2026, triggering the tax-withholding of 1,676 shares by the issuer.
Was Carey J. Dorman’s Nomad Foods (NOMD) Form 4 a stock sale in the open market?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. The issuer retained 1,676 shares at $10.02 to cover tax liabilities from vesting restricted stock units, a standard administrative step in equity compensation programs.