ZIM EVP sells 458 shares after option exercise
ZIM Integrated Shipping Services Ltd. (ZIM) executive Elimelech Arik, EVP HR & Organization, reported a net exercise of 3,173 stock options on September 8, 2026 at an exercise price of $24.45 per share.
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) executive Elimelech Arik, EVP HR & Organization, reported a net exercise of 3,173 stock options on September 8, 2026 at an exercise price of $24.45 per share. Shares were withheld to cover the aggregate exercise price, and 458 ordinary shares were issued and then sold the same day at a weighted average price of $29.99 per share. Following these transactions, Arik reported holding 0 ordinary shares directly and 2,000 stock options of the same award, with no Rule 10b5-1 trading plan indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2, F1 | 3,173 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3, F4 | 458 | $29.9863 | $14K |
Footnotes (4)
- F1. The reporting person exercised 3,173 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 458 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 458 shares, all of which were sold on the same day.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $29.98 to $30.00. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Key Figures
Key Terms
net basis financial
weighted average price financial
anti-dilution provisions financial
FAQ
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