ZIM Integrated (NYSE: ZIM) EVP sells 7,535 shares after option exercise
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) reported that executive officer Yochai Nissim, EVP ZIM USA President, exercised stock options and sold the resulting shares. On 2026-08-24, he exercised 56,023 stock options on a net basis at an exercise price of $24.45 per share (adjusted for a prior cash dividend), with shares withheld to cover the aggregate exercise price, resulting in the issuance of 7,535 ordinary shares. All 7,535 shares were then sold the same day at a weighted average price of $28.8305 per share, after which the reported holdings of both the exercised options and the related ordinary shares were 0 shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
2 txns
Insider
Yochai Nissim
Role
EVP ZIM USA President
Sold
7,535 shs ($217K)
Approx. gross sale proceeds
$217K
Approx. exercise cost
$1.37M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2, F1 | 56,023 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3, F4 | 7,535 | $28.8305 | $217K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Ordinary Shares — 0 shares (Direct)
Footnotes (4)
- F1. The reporting person exercised 56,023 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 7,535 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
- F2. The exercise price reflected above has been adjusted to reflect a cash dividend paid by the Issuer, in accordance with the anti-dilution provisions applicable to this award.
- F3. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 7,535 shares, all of which were sold on the same day.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $28.83 to $28.84. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Key Figures
Stock options exercised: 56,023 options
Shares issued upon exercise: 7,535 shares
Exercise price per share: $24.45 per share
+5 more
8 metrics
Stock options exercised
56,023 options
Options exercised on a net basis on 2026-08-24
Shares issued upon exercise
7,535 shares
Ordinary shares issued after withholding shares to cover the exercise price
Exercise price per share
$24.45 per share
Adjusted exercise price for the stock options, reflecting a cash dividend
Weighted average sale price
$28.8305 per share
Weighted average price for 7,535 shares sold on 2026-08-24
Sale price range
$28.83 to $28.84 per share
Price range of multiple sale transactions on 2026-08-24
Shares held after transaction
0 shares
Total ZIM ordinary shares reported as owned following the sale
Option expiration date
2027-03-08
Expiration date originally applicable to the exercised stock options
Option exercise date field
2023-03-09
Exercise date recorded in the derivative security information for the option award
Key Terms
net basis, weighted average price, anti-dilution provisions, exercise price
4 terms
net basis financial
"The reporting person exercised 56,023 stock options on a net basis."
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
anti-dilution provisions financial
"in accordance with the anti-dilution provisions applicable to this award."
Anti-dilution provisions are contract terms that protect an investor’s percentage ownership when a company issues new shares at a lower price than the investor originally paid. They work like an automatic recalculation of split pieces when a pie gets cut into more slices, preserving the investor’s relative stake and reducing unexpected losses of ownership and voting power, which matters because it affects potential control, future returns, and valuation of an investment.
exercise price financial
"Shares were withheld to cover the aggregate exercise price, resulting in the issuance"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did Yochai Nissim report in this Form 4 for ZIM (ZIM)?
Yochai Nissim reported exercising 56,023 stock options on a net basis and receiving 7,535 ordinary shares, all of which were sold on 2026-08-24 at a weighted average price of $28.8305 per share.
Were the ZIM (ZIM) transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan.
Why was the ZIM (ZIM) option exercise price adjusted?
The exercise price of $24.45 per share was adjusted to reflect a cash dividend paid by ZIM, in accordance with the anti-dilution provisions applicable to this stock option award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
