ZIM CFO sells 3,020 shares after option exercise
ZIM’s chief financial officer exercised stock options on a net basis and sold 3,020 resulting shares in market transactions on September 8, 2026.
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) reported that its EVP Chief Finance Officer, Sami Jubran, exercised stock options and sold the shares on September 8, 2026. He exercised 2,000 options at $2.51 and 8,277 options at $24.45 on a net basis, with shares withheld to cover exercise prices, resulting in 1,824 and 1,196 ordinary shares issued, respectively. All 3,020 shares received from these exercises were sold the same day at a weighted average price between $29.91 and $29.92. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Jubran Sami
Role
EVP Chief Finance Officer
Sold
3,020 shs ($90K)
Approx. gross sale proceeds
$90K
Approx. exercise cost
$207K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1 | 2,000 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F2 | 8,277 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3, F5 | 1,824 | $29.91 | $55K |
| Sale | Ordinary Shares F4 | 1,196 | $29.91 | $36K |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,862 contracts (Direct);
Ordinary Shares — 0 shares (Direct)
Footnotes (5)
- F1. The reporting person exercised 2,000 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,824 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
- F2. The reporting person exercised 8,277 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,196 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
- F3. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 1,824 shares, all of which were sold on the same day.
- F4. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 1,196 shares, all of which were sold on the same day.
- F5. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $29.91 to $29.92. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Key Figures
Options exercised (total): 10,277 options
Shares issued from exercises: 3,020 shares
Shares sold: 3,020 shares
+3 more
6 metrics
Options exercised (total)
10,277 options
Stock options exercised on a net basis on September 8, 2026
Shares issued from exercises
3,020 shares
1,824 shares from 2,000 options and 1,196 shares from 8,277 options
Shares sold
3,020 shares
All shares issued from option exercises sold on September 8, 2026
Sale price range
$29.91–$29.92 per share
Weighted average sale price for 3,020 ordinary shares
Option exercise price
$2.51 per share
Exercise price for 2,000 stock options expiring March 13, 2029
Option exercise price
$24.45 per share
Exercise price for 8,277 stock options expiring March 9, 2027
Key Terms
Stock Option (Right to Buy), net basis, weighted average price, Ordinary Shares
4 terms
Stock Option (Right to Buy) financial
"The security title is Stock Option (Right to Buy) for derivative transactions"
net basis financial
"The reporting person exercised 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.
FAQ
What insider transactions did ZIM (ZIM) report for Sami Jubran on this Form 4?
ZIM reported that EVP Chief Finance Officer Sami Jubran exercised stock options for a total of 10,277 options and sold all 3,020 ordinary shares issued from these exercises on September 8, 2026.
What stock options did the ZIM (ZIM) CFO exercise in this filing?
He exercised 2,000 stock options with an exercise price of $2.51 (expiring March 13, 2029) and 8,277 stock options with an exercise price of $24.45 (expiring March 9, 2027). Both exercises were reported as net basis exercises.
What does “net basis” mean in the ZIM (ZIM) CFO’s option exercises?
“Net basis” means shares were withheld to cover the aggregate exercise price of the options. For the CFO, exercising 2,000 options resulted in 1,824 shares issued and 8,277 options resulted in 1,196 shares issued, with all such shares then sold.
Were the ZIM (ZIM) CFO’s trades under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnotes do not reference any trading plan, so the reported transactions are not disclosed as being made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.