Tax withholding trims Nomad Foods (NYSE: NOMD) director share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nomad Foods director Amit Pilowsky reported a routine tax-withholding share disposition. On July 2, 2026, the issuer withheld 3,729 Ordinary Shares at $10.02 per share to cover his tax liability from vesting restricted stock units.
The footnote explains that 8,182 restricted stock units vested on June 22, 2026 and were settled on July 2, 2026, triggering the tax obligation. After the withholding, Pilowsky directly holds 35,464 Ordinary Shares. This was not an open‑market sale but a standard mechanism to satisfy taxes on equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PILOWSKY AMIT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 3,729 | $10.02 | $37K |
Holdings After Transaction:
Ordinary Shares — 35,464 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 3,729 shares
Tax withholding price: $10.02 per share
Shares held after transaction: 35,464 shares
+1 more
4 metrics
Shares withheld for taxes
3,729 shares
Ordinary Shares withheld on July 2, 2026
Tax withholding price
$10.02 per share
Price used for 3,729 withheld shares
Shares held after transaction
35,464 shares
Director’s direct ownership following withholding
Restricted stock units vested
8,182 RSUs
Vested June 22, 2026 and settled July 2, 2026
Key Terms
restricted stock units, tax liability, withheld, tax-withholding disposition
4 terms
restricted stock units financial
"8,182 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
"cover the reporting person's tax liability associated with the vesting of these restricted stock units"
withheld financial
"The Issuer withheld the reported shares to cover the reporting person's tax liability"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Nomad Foods (NOMD) director Amit Pilowsky report?
Amit Pilowsky reported a tax-withholding disposition of 3,729 Nomad Foods Ordinary Shares. The shares were withheld by the company to cover his tax liability arising from the vesting and settlement of restricted stock units on July 2, 2026.
What restricted stock units vested for Nomad Foods (NOMD) director Amit Pilowsky?
The Form 4 footnote states that 8,182 restricted stock units vested for Amit Pilowsky on June 22, 2026. These units were settled on July 2, 2026, and the company withheld 3,729 shares to cover the associated tax liability from this vesting event.
What does a tax-withholding disposition mean in Nomad Foods (NOMD) Form 4 filings?
A tax-withholding disposition means the company retains shares to pay income taxes on equity awards. In this case, Nomad Foods withheld 3,729 shares from Amit Pilowsky when his restricted stock units vested, instead of him selling shares on the open market to cover taxes.