Nomad Foods (NYSE: NOMD) CFO lifts stake to 367,172 shares
Rhea-AI Filing Summary
Nomad Foods Ltd (NOMD) reported that Chief Financial Officer Ruben Baldew purchased 28,290 Ordinary Shares on August 19, 2026 at $11.8498 per share, bringing his direct holdings to 367,172 Ordinary Shares, including 184,991 Restricted Share Units scheduled to vest on June 17, 2027.
He also holds stock options over a maximum of 1,850,000 Ordinary Shares at an exercise price of $10.14 expiring May 7, 2031, which will vest, if at all, based on share purchases under the company’s Co-Investment and Share Option Matching Sub Plan and share price performance targets. In addition, he holds performance based share units representing up to 44,248, 44,696 and 119,904 Ordinary Shares, each tranche contingent on company performance over a three-year period and vesting on February 28, 2027, 2028 and 2029, respectively.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 28,290 shares
Net Buy
5 txns
Insider
BALDEW RUBEN
Role
Chief Financial Officer
Bought
28,290 shs ($335K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 28,290 | $11.8498 | $335K |
| holding | Stock Options (Right to Buy) F2, F3 | -- | -- | -- |
| holding | Performance Based Share Units F4, F5 | -- | -- | -- |
| holding | Performance Based Share Units F4, F6 | -- | -- | -- |
| holding | Performance Based Share Units F4, F7 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 367,172 shares (Direct);
Stock Options (Right to Buy) — 1,850,000 shares (Direct);
Performance Based Share Units — 208,848 shares (Direct)
Footnotes (7)
- F1. Includes 184,991 Restricted Share Units which will vest on June 17, 2027.
- F2. Subject to (i) the Reporting Person satisfying the share purchase component under the Company's Co-Investment and Share Option Matching Sub Plan (the "Sub Plan") between May 5, 2025 and June 5, 2027 and (ii) the Company's achievement of certain share price performance targets during the period beginning May 7, 2026 and ending on May 7, 2031 (the "Performance Period"), the Options will vest and become exercisable, if at all, on the later of (x) May 7, 2029 and (y) the achievement of the specified share price performance targets during the Performance Period.
- F3. The number of options set forth herein represents the maximum number of options that are eligible to vest under the option agreement if the Company achieves the maximum specified share price performance target during the Performance Period and such number of options eligible to vest will be reduced to 87.5%, 75%, 50%, 20% or 0% of the number of options reported herein to the extent that the Company achieves one or more lower specified share price performance targets during the Performance Period.
- F4. Each Performance Based Share Unit ("PSU") represents a contingent right to receive one Ordinary Share of the Issuer.
- F5. 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, 2027.
- F6. 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.
- F7. 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 best on February 28, 2029.
Key Figures
Ordinary Shares purchased: 28,290 shares
Purchase price per Ordinary Share: $11.8498 per share
Ordinary Shares held after transaction: 367,172 shares
+5 more
8 metrics
Ordinary Shares purchased
28,290 shares
Purchase on August 19, 2026 by CFO Ruben Baldew
Purchase price per Ordinary Share
$11.8498 per share
Open-market or private purchase on August 19, 2026
Ordinary Shares held after transaction
367,172 shares
Direct holdings following the August 19, 2026 purchase, including RSUs
Restricted Share Units included in holdings
184,991 units
RSUs scheduled to vest on June 17, 2027
Stock options underlying Ordinary Shares (maximum eligible)
1,850,000 shares
Maximum number of options eligible to vest with $10.14 exercise price, expiring May 7, 2031
Stock option exercise price
$10.14 per share
Options on Ordinary Shares expiring May 7, 2031
Performance Based Share Units tranche 1
44,248 units
PSUs vesting February 28, 2027, contingent on three-year performance
Performance Based Share Units tranche 3
119,904 units
PSUs vesting February 28, 2029, contingent on three-year performance
Key Terms
Restricted Share Units, Performance Based Share Units, Co-Investment and Share Option Matching Sub Plan, Performance Period
4 terms
Performance Period financial
"during the period beginning May 7, 2026 and ending on May 7, 2031"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What insider transaction did NOMD’s CFO Ruben Baldew report?
Ruben Baldew reported a purchase of 28,290 Ordinary Shares of Nomad Foods Ltd on August 19, 2026 in an open-market or private transaction, according to the filing’s transaction code description.
Were the NOMD insider transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), indicating the reported transactions were not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
