Director Carey J. Dorman receives 22,654 RSU award at Nomad Foods (NOMD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorman Carey J. reported acquisition or exercise transactions in this Form 4 filing.
Nomad Foods Ltd director Carey J. Dorman received a grant of 22,654 restricted share units, increasing his direct holdings to 31,032 ordinary shares. The units will vest on the earlier of the company’s 2027 annual shareholder meeting or July 22, 2027, and the filing also corrects a prior under-reporting of 196 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dorman Carey J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 22,654 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 31,032 shares (Direct, null)
Footnotes (1)
- These shares were issued as a restricted share unit grant to the Reporting Person by the Issuer. These Restricted Share Units shall vest on the earlier of (i) the date of the Issuer's 2027 annual meeting of shareholders or (ii) July 22, 2027. This amount corrects an inadvertent administrative error in the Form 3 filed by the Reporting Person on March 17, 2026 in which the number of securities beneficially owned by the Reporting Person was under-reported by 196 restricted share units.
Key Figures
RSU grant size: 22,654 shares
Holdings after transaction: 31,032 shares
Grant price: $0.0000 per share
+2 more
5 metrics
RSU grant size
22,654 shares
Restricted share unit award to director
Holdings after transaction
31,032 shares
Total ordinary shares beneficially owned after grant
Grant price
$0.0000 per share
Compensation award, no purchase price
Vesting date latest
July 22, 2027
RSUs vest on earlier of 2027 meeting or this date
Under-reported units corrected
196 units
Correction to earlier Form 3 beneficial ownership
Key Terms
Restricted Share Units, vest, beneficially owned, annual meeting of shareholders
4 terms
vest financial
"These Restricted Share Units shall vest on the earlier of (i) the date of the Issuer's 2027 annual meeting of shareholders or (ii) July 22, 2027."
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.
beneficially owned financial
"the number of securities beneficially owned by the Reporting Person was under-reported by 196 restricted share units."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Nomad Foods (NOMD) disclose for Carey J. Dorman?
Nomad Foods disclosed that director Carey J. Dorman received a grant of 22,654 restricted share units at no purchase price. This is a compensation-related award rather than an open-market purchase or sale of Nomad Foods ordinary shares.
Was there any correction to prior Nomad Foods (NOMD) insider holdings in this filing?
Yes. The filing states that a prior Form 3 for Carey J. Dorman inadvertently under-reported his beneficial ownership by 196 restricted share units. This Form 4 corrects that administrative error regarding his previously disclosed Nomad Foods holdings.