LILLIE JAMES E 4
4 · Nomad Foods Ltd · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Nomad Foods (NOMD) Director James E. Lillie Receives Award — 3,580 Shares Withheld
What Happened
James E. Lillie, a director of Nomad Foods Ltd (NOMD), had 3,580 shares withheld on July 2, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withheld shares were valued at $10.02 each, totaling approximately $35,872. This was not a sale initiated as investment activity but a routine tax-withholding (transaction code F) related to RSU settlement.
Key Details
- Transaction date: July 2, 2026; reported on Form 4 filed July 6, 2026.
- Withheld/disposed: 3,580 shares at $10.02 per share; total value ~$35,872.
- Footnote: 8,182 RSUs vested on June 22, 2026 and were settled on July 2, 2026; the issuer withheld the reported shares to cover the reporting person's tax liability.
- Shares owned after the transaction: Not disclosed in the filing.
- Filing timeliness: Form 4 dated July 6, 2026; the filing itself does not indicate a late-report flag.
Context
This is a tax-withholding/cashless settlement tied to RSU vesting (routine administrative transaction), not an open-market sale or purchase that signals a change in investment stance. Such withholdings are common when equity awards vest and generally reflect tax obligations rather than insider directional trading.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1]2026-07-02$10.02/sh−3,580$35,872→ 689,386 total
- 56,250(indirect: By LLC)
Ordinary Shares
Footnotes (1)
- [F1]8,182 restricted stock units held by the reporting person vesting on June 22, 2026 and settled on July 2, 2026. The Issuer withheld the reported shares to cover the reporting person's tax liability associated with the vesting of these restricted stock units.