ZIM EVP sells 7,535 shares after option exercise
ZIM Integrated Shipping Services Ltd. (ZIM) reported that executive officer Yochai Nissim, EVP ZIM USA President, exercised stock options and sold the resulting shares.
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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.
Insider Trade Summary
| 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 |
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
Key Terms
net basis financial
weighted average price financial
anti-dilution provisions financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Yochai Nissim report in this Form 4 for ZIM (ZIM)?
Were the ZIM (ZIM) transactions under a Rule 10b5-1 trading plan?
Why was the ZIM (ZIM) option exercise price adjusted?
AI-generated analysis. How Rhea-AI works. Not financial advice.