ZIM (NYSE: ZIM) officer to sell 4,000 shares in NYSE trade
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) has a notice of proposed sale of ordinary shares under Rule 144 for the account of officer Eyal Ben-Amram. A broker, Oppenheimer & Co. Inc., is named to handle the transaction on the NYSE.
The notice covers a proposed sale of 4,000 ordinary shares with an aggregate market value of $113,000.00. ZIM had 120,465,908 ordinary shares outstanding in total, providing context for the relative size of the planned sale. The shares being sold were originally issued on May 24, 2020 upon vesting of 176,976 RSUs for no cash consideration.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 4,000 ordinary shares
Aggregate market value of proposed sale: $113,000.00
Shares outstanding: 120,465,908 ordinary shares
+3 more
6 metrics
Proposed shares to be sold
4,000 ordinary shares
Ordinary shares covered by the Rule 144 notice
Aggregate market value of proposed sale
$113,000.00
Value associated with 4,000 ordinary shares
Shares outstanding
120,465,908 ordinary shares
Total ZIM ordinary shares outstanding as referenced
RSUs vested into shares
176,976 shares
Shares issued upon vesting of RSUs on May 24, 2020
RSU vesting date
05/24/2020
Date shares were issued upon vesting of RSUs
Rule 144 date on notice
08/24/2026
Date associated with the Rule 144 notice and signature
Key Terms
Rule 144, RSUs, ordinary shares
3 terms
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.
RSUs financial
"Shares issued upon vesting of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What does the Form 144 filing involve for ZIM (symbol ZIM)?
The filing involves a proposed Rule 144 sale of 4,000 ordinary shares of ZIM Integrated Shipping Services Ltd. for the account of officer Eyal Ben-Amram, with Oppenheimer & Co. Inc. listed as broker and trading expected on the NYSE.
Which broker is handling the proposed ZIM (ZIM) Rule 144 sale and on which market?
The proposed sale lists Oppenheimer & Co. Inc., based at 85 Broad St., New York, as the broker handling the transaction, with trading indicated on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.