ZIM EVP sells 26,544 shares after option exercise
ZIM executive vice president Dotan Saar exercised options on a net basis and sold 26,544 ordinary shares, including all shares issued from the exercise, on September 14, 2026.
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) reported that executive vice president Dotan Saar exercised stock options and sold the resulting shares. On September 14, 2026, he exercised 22,396 options at an exercise price of $24.45 per share on a net basis, with shares withheld to cover the aggregate exercise price, resulting in the issuance of 3,877 ordinary shares. All 3,877 shares issued from the option exercise, plus an additional 22,667 ordinary shares, were sold the same day at $29.85 per share in market or private transactions. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Dotan Saar
Role
EVP Countries & BD
Sold
26,544 shs ($792K)
Approx. gross sale proceeds
$792K
Approx. exercise cost
$548K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2, F1 | 22,396 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3 | 3,877 | $29.85 | $116K |
| Sale | Ordinary Shares | 22,667 | $29.85 | $677K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Ordinary Shares — 67,200 shares (Direct)
Footnotes (3)
- F1. The reporting person exercised 22,396 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 3,877 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 3,877 shares, all of which were sold on the same day.
Key Figures
Options exercised: 22,396 options
Exercise price: $24.45 per share
Shares issued from exercise: 3,877 shares
+2 more
5 metrics
Options exercised
22,396 options
Stock options exercised on a net basis on September 14, 2026
Exercise price
$24.45 per share
Exercise price of options, adjusted for a cash dividend
Shares issued from exercise
3,877 shares
Ordinary shares issued after net exercise of 22,396 options
Total shares sold
26,544 shares
Ordinary shares sold on September 14, 2026
Sale price
$29.85 per share
Price for ordinary shares sold on September 14, 2026
Key Terms
net basis, aggregate exercise price, anti-dilution provisions, cash dividend
4 terms
net basis financial
"The reporting person exercised 22,396 stock options on a net basis."
aggregate exercise price financial
"Shares were withheld to cover the aggregate exercise price, resulting in"
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.
cash dividend financial
"adjusted to reflect a cash dividend paid by the Issuer, in accordance"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ZIM (ZIM) disclose for Dotan Saar?
ZIM disclosed that executive vice president Dotan Saar exercised 22,396 stock options on a net basis and sold a total of 26,544 ordinary shares, including all 3,877 shares issued from the exercise, on September 14, 2026.
What was the exercise price of the ZIM (ZIM) options exercised by Dotan Saar?
The 22,396 stock options exercised by Dotan Saar had an exercise price of $24.45 per share, which ZIM states was adjusted to reflect a cash dividend under the award’s anti-dilution provisions.
What does it mean that Dotan Saar exercised ZIM (ZIM) options on a net basis?
Exercising on a net basis means shares were withheld to cover the aggregate exercise price. ZIM reports that 22,396 options were exercised, shares were withheld for payment, and 3,877 shares were issued and then sold the same day.
Were Dotan Saar’s ZIM (ZIM) transactions under a Rule 10b5-1 trading plan?
No. The filing indicates that these transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
