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ZIM Integrated (ZIM) exec lines up multimillion-dollar share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ZIM Integrated Shipping Services Ltd. (ZIM) is the issuer for a notice of proposed sale of securities filed under Rule 144 by officer Eliyahu Glickman. The notice covers a proposed sale of up to 254,221 ordinary shares of ZIM through Oppenheimer & Co. Inc.

The filing lists an aggregate market value for these shares of 6,904,642.36 and states that ZIM had 120,465,908 ordinary shares outstanding. The shares to be sold were acquired through equity compensation, including shares issued upon vesting of RSUs and shares acquired upon exercise of employee stock options.

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Ordinary shares to be sold 254,221 shares Proposed sale under Rule 144 by officer Eliyahu Glickman
Aggregate market value of shares to be sold 6,904,642.36 Value for 254,221 ordinary shares covered by the notice
Ordinary shares outstanding 120,465,908 shares Total ZIM ordinary shares outstanding as reported in the filing
Shares from RSU vesting on 05/24/2020 1,475,926 shares Ordinary shares issued upon vesting of RSUs
Shares from RSU vesting on 02/03/2022 546,822 shares Ordinary shares issued upon vesting of RSUs
Shares from option exercise on 08/21/2026 20,748 shares Ordinary shares acquired upon exercise of employee stock options
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted or control securities regulatory
"securities are to be sold under Rule 144, which covers restricted or control securities"
vesting of RSUs financial
"Shares issued upon vesting of RSUs"
employee stock options financial
"Shares acquired upon exercise of employee stock options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
aggregate market value financial
"254221 | 6904642.36 | 120465908"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing involving ZIM signify?

The Form 144 filing relates to a proposed sale of up to 254,221 ordinary shares of ZIM Integrated Shipping Services Ltd. by officer Eliyahu Glickman under Rule 144, indicating an intent to sell restricted or control securities through Oppenheimer & Co. Inc.

How many ZIM (ZIM) shares are covered by this Form 144 notice?

The notice covers a proposed sale of up to 254,221 ordinary shares of ZIM Integrated Shipping Services Ltd., with an aggregate market value stated as 6,904,642.36 in the filing.

How were the ZIM (ZIM) shares in this Form 144 acquired?

The filing states the shares were acquired through equity compensation from ZIM Integrated Shipping Services Ltd., including shares issued upon vesting of RSUs on 05/24/2020 and 02/03/2022, and shares acquired upon exercise of employee stock options on 08/21/2026.

What is the stated number of ZIM (ZIM) shares outstanding in this filing?

The filing reports that ZIM Integrated Shipping Services Ltd. had 120,465,908 ordinary shares outstanding in total, provided as context for the proposed Rule 144 sale.

Who is the broker for the proposed sale of ZIM (ZIM) shares?

The proposed sale of ZIM ordinary shares is to be handled by Oppenheimer & Co. Inc., identified in the filing as the broker involved in the Rule 144 transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature