ZIM CFO sells 12,084 shares after option exercise
ZIM Integrated Shipping Services Ltd. (ZIM) reported that EVP Chief Finance Officer Destriau Xavier exercised 89,838 stock options on a net basis on 2026-08-24 at an exercise price of $24.45 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) reported that EVP Chief Finance Officer Destriau Xavier exercised 89,838 stock options on a net basis on 2026-08-24 at an exercise price of $24.45 per share. Shares were withheld to cover the exercise price, and 12,084 ordinary shares were issued and then sold the same day at $28.80 per share. The filing indicates no shares remaining from these exercised options or from the reported sale, and it states that the transactions were not under a Rule 10b5-1 trading plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2, F1 | 89,838 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3 | 12,084 | $28.80 | $348K |
Footnotes (3)
- F1. The reporting person exercised 89,838 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 12,084 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 12,084 shares, all of which were sold on the same day.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
net basis financial
anti-dilution provisions financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ZIM (ZIM) report for Destriau Xavier on August 24, 2026?
How many ZIM (ZIM) stock options did Destriau Xavier exercise and at what price?
Were Destriau Xavier’s ZIM (ZIM) transactions under a Rule 10b5-1 trading plan?
What happened to the ZIM (ZIM) stock options after Destriau Xavier’s August 24, 2026 exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.