Gottesman Noam 4
4 · Nomad Foods Ltd · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Nomad Foods (NOMD) Director Noam Gottesman Buys 700,000 Shares
What Happened
Noam Gottesman, a director and co‑chair of Nomad Foods Ltd (NOMD), acquired a total of 700,000 common shares in two open‑market purchases (transaction code P). On May 11, 2026 he purchased 500,000 shares at a weighted average price of $9.57 (prices ranged $9.48–$9.655) for about $4,785,450. On May 12, 2026 he purchased 200,000 shares at a weighted average price of $9.23 (prices ranged $9.11–$9.32) for about $1,846,960. The combined cash outlay was approximately $6,632,410. Purchases are generally considered a bullish signal relative to sales because the insider spent personal funds to add shares.
Key Details
- Transaction dates: May 11, 2026 (500,000 shares @ $9.57 WAP; range $9.48–$9.655) and May 12, 2026 (200,000 shares @ $9.23 WAP; range $9.11–$9.32). (Weighted average prices and ranges reported via footnotes.)
- Total shares acquired: 700,000; total value ≈ $6,632,410.
- Transaction type: Open‑market or private purchase (code P) as reported on Form 4 filed May 13, 2026.
- Shares held after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1/F3: Prices shown are weighted averages across multiple trades; the filing offers to provide the breakdown on request.
- F2: Some shares are held indirectly through TOMS Capital Investments LLC, of which Gottesman controls and indirectly owns 100% of the interests; he disclaims beneficial ownership to the extent of pecuniary interest.
- F4: Separately, certain option awards (described in the filing) are subject to purchase and performance vesting conditions (vesting tied to share purchase requirement and a performance period through May 7, 2031).
Context
- These were outright purchases (not option exercises or awards). The filing does not indicate any immediate sales of the purchased shares.
- The Form 4 was filed on May 13, 2026; there is no indication in the provided data that the filing was late.
- For retail investors: insider purchases can be a useful data point, but should be considered alongside company fundamentals and broader market factors.
Insider Transaction Report
Form 4
Nomad Foods LtdNOMD
Gottesman Noam
DirectorOther
Transactions
- Purchase
Ordinary Shares
[F1][F2]2026-05-11$9.57/sh+500,000$4,785,450→ 7,208,560 total(indirect: By LLC) - Purchase
Ordinary Shares
[F3][F2]2026-05-12$9.23/sh+200,000$1,846,960→ 7,408,560 total(indirect: By LLC)
Holdings
- 3,871,541
Ordinary Shares
- 1,000,000
Stock Options (Right to Buy)
[F4]Exercise: $10.14Exp: 2031-05-07→ Ordinary Shares (1,000,000 underlying)
Footnotes (4)
- [F1]The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $9.48 to $9.655, inclusive. The Reporting Person undertakes to provide the Issuer and will provide any security holder of the Issuer or the SEC staff, upon request, information regarding the number of shares purchased at each separate price within the specified range.
- [F2]These shares are held indirectly by TOMS Capital Investments LLC, a Delaware limited liability company through a wholly-owned subsidiary. The Reporting Person controls, and indirectly owns, 100% of TOMS Capital Investments LLC's interests in these shares. The Reporting Person disclaims beneficial ownership of such shares to the extent of his pecuniary interest therein.
- [F3]The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $9.11 to $9.32, inclusive. The Reporting Person undertakes to provide the Issuer and will provide any security holder of the Issuer or the SEC staff, upon request, information regarding the number of shares purchased at each separate price within the specified range.
- [F4]Subject to (i) the Reporting Person satisfying the share purchase component under the Issuer's Co-Investment and Share Option Matching Sub Plan (the "Sub Plan") between May 5, 2025 and June 5, 2027 and (ii) the Issuer's achievement of the share price performance target during the period beginning May 7, 2026 and ending on May 7, 2031 (the "Performance Period"), the Options will vest and become exercisable, if at all, on the later of (x) May 7, 2029 and (y) the achievement of the specified share price performance target during the Performance Period.
Signature
/s/ Noam Gottesman|2026-05-13