ZIM director sells 1,531 shares after option exercise
A ZIM Integrated Shipping Services Ltd. director exercised options on a net basis and sold all resulting shares, ending the day with no directly held shares or options.
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. director Meyer-Gloeckner Birger Johannes reported an option exercise and share sale on September 4, 2026. He exercised 13,459 stock options for ordinary shares at an exercise price of $24.45 per share on a net basis, with shares withheld to cover the exercise price. This resulted in the issuance of 1,531 ordinary shares, all of which were sold the same day at $28.50 per share, leaving him with no directly held ZIM shares or related stock options after the transactions. The exercise price was adjusted under anti-dilution provisions following a cash dividend, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2, F1 | 13,459 | $0.00 | $0.00 |
| Sale | Ordinary shares F3 | 1,531 | $28.50 | $44K |
Footnotes (3)
- F1. The reporting person exercised 13,459 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,531 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 1,531 shares, all of which were sold on the same day.
Key Figures
Key Terms
net basis financial
anti-dilution provisions financial
FAQ
What did ZIM (ZIM) director Meyer-Gloeckner Birger Johannes report on this Form 4?
What was the exercise price of the ZIM (ZIM) stock options exercised?
Does the ZIM (ZIM) Form 4 indicate use of a Rule 10b5-1 trading plan?
What are the director’s ZIM (ZIM) holdings after these transactions?
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