ZIM (NYSE: ZIM) CEO Eli Glickman reports initial share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. filed an initial statement of beneficial ownership for President & Chief Executive Eli Glickman. The filing shows direct holdings of stock options covering 207,941 ordinary shares with a $25.33 exercise price, expiring on 2027-03-08, which are fully vested and immediately exercisable on a net exercise basis. It also reports direct ownership of ordinary shares in two separate blocks of 36,694 shares and 196,779 shares, some of which were acquired upon the exercise and net exercise of previously granted stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Glickman Eli
Role
President & Chief Executive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 207,941 shares (Direct);
Ordinary Shares — 36,694 shares (Direct)
Footnotes (1)
- The shares reported herein were acquired upon the exercise of previously granted stock options The shares reported herein were acquired upon the net exercise of previously granted stock options The Stock Options are Fully vested and immediately exercisable on a net exercise basis pursuant to the terms of the award agreement.
FAQ
What does Eli Glickman’s Form 3 filing for ZIM show?
The Form 3 shows Eli Glickman’s initial beneficial ownership in ZIM, including stock options over 207,941 ordinary shares and two direct ordinary share positions of 36,694 and 196,779 shares. It establishes his baseline holdings as President & Chief Executive.
Are Eli Glickman’s ZIM stock options currently exercisable?
Yes. The filing states that the reported stock options are fully vested and immediately exercisable on a net exercise basis under the award agreement terms. This means Glickman can exercise them without additional vesting requirements before their March 8, 2027 expiration.
What is the significance of a Form 3 filing for ZIM’s CEO?
A Form 3 establishes the initial beneficial ownership of an insider like ZIM’s CEO when they first become subject to reporting. It provides transparency into the executive’s existing stock and option positions but does not itself reflect new buy or sell transactions.