ZIM EVP exercises options, sells 3,690 shares
ZIM Integrated Shipping Services Ltd. (ZIM) reported that executive vice president Dotan Saar exercised 20,000 stock options for Ordinary Shares on September 8, 2026 at an exercise price of $24.45 per share.
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. (ZIM) reported that executive vice president Dotan Saar exercised 20,000 stock options for Ordinary Shares on September 8, 2026 at an exercise price of $24.45 per share. The options were exercised on a net basis, with shares withheld to cover the aggregate exercise price, resulting in the issuance of 2,890 Ordinary Shares. All 2,890 shares received from this exercise were sold the same day, alongside an additional 800 Ordinary Shares, in open-market or private transactions at prices of $30.30 and $30.40 per share. After the transaction, Saar held 22,396 stock options directly, 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 | 20,000 | $0.00 | $0.00 |
| Sale | Ordinary Shares F3 | 2,890 | $30.30 | $88K |
| Sale | Ordinary Shares | 800 | $30.40 | $24K |
Footnotes (3)
- F1. The reporting person exercised 20,000 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 2,890 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 2,890 shares, all of which were sold on the same day.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
net basis financial
anti-dilution provisions financial
Rule 10b5-1 trading plan regulatory
FAQ
What did ZIM (ZIM) executive Dotan Saar report in this Form 4?
What were the option terms for Dotan Saar’s ZIM (ZIM) stock option exercise?
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Were Dotan Saar’s ZIM (ZIM) transactions under a Rule 10b5-1 trading plan?
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