ZIM (NYSE: ZIM) EVP sells 15,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. executive vice president Dotan Saar reported an open-market sale of 15,000 Ordinary Shares of the company. The shares were sold at a weighted average price of $25.0867 per share, according to the disclosure.
After this transaction, Saar directly holds 116,667 Ordinary Shares of ZIM. The filing notes that the reported price is a weighted average and that full details of individual trade prices and share amounts are available from the reporting person upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($376,301)
Net Sell
1 txn
Insider
Dotan Saar
Role
EVP Countries & Business Devel
Sold
15,000 shs ($376K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 15,000 | $25.0867 | $376K |
Holdings After Transaction:
Ordinary Shares — 116,667 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price: $25.0867 per share
Shares held after: 116,667 shares
+2 more
5 metrics
Shares sold
15,000 shares
Open-market sale of Ordinary Shares
Sale price
$25.0867 per share
Weighted average sale price
Shares held after
116,667 shares
Direct ownership following transaction
Sell transactions
1 transaction
Non-derivative open-market sale
Net buy/sell shares
-15,000 shares
Net effect of reported activity
Key Terms
open-market sale, weighted average price, Ordinary Shares, non-derivative securities
4 terms
open-market sale financial
"reported an open-market sale of 15,000 Ordinary Shares of the company"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The shares were sold at a weighted average price of $25.0867 per share"
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.
non-derivative securities financial
"sale of non-derivative securities executed directly by the insider"
FAQ
What insider transaction did ZIM (ZIM) report for Dotan Saar?
ZIM reported that executive vice president Dotan Saar sold 15,000 Ordinary Shares in an open-market transaction. The filing classifies the trade as a sale of non-derivative securities executed directly by the insider.
What type of insider transaction was disclosed for ZIM (ZIM)?
The filing shows an open-market sale of ZIM Ordinary Shares coded as an “S” transaction. It involves non-derivative securities, meaning common equity, rather than options or other derivative instruments, according to the transaction classification.
Does the ZIM (ZIM) insider filing mention derivative positions?
The insider report lists no derivative transactions or remaining derivative positions for this event. The transaction involves only Ordinary Shares, and the derivative summary section in the data is empty for this filing.