ZIM CFO Jubran Sami Sells 3,020 Shares via Option Exercise

What Happened
Jubran Sami, EVP and Chief Financial Officer of ZIM Integrated Shipping Services Ltd. (ZIM), exercised stock options on a net (cashless) basis and sold the shares received the same day. A total of 3,020 shares were issued after withholding to cover option exercise costs (1,824 and 1,196 shares) and were sold on 2026-09-08 in open-market transactions for combined gross proceeds of approximately $90,328 (weighted average price ~$29.91).

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-10 (timely; within two business days).
• Sales: 1,824 shares sold at $29.91 = $54,556; 1,196 shares sold at $29.91 = $35,772. Total sold = 3,020 shares; total proceeds ≈ $90,328.
• Option exercises: Report shows exercises of 2,000 and 8,277 options on a net basis; shares were withheld to cover exercise price, resulting in issuance of the 1,824 and 1,196 shares that were sold. The derivative entries report $0.00 per share because the exercises were net (cashless).
• Price note: Weighted-average sale price reported; shares were sold in multiple transactions at $29.91–$29.92 (reporting person will provide per-transaction breakdown on request).
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnotes indicate the sales resulted from net option exercises and withholding to cover exercise costs (i.e., not separate open-market purchases).

Context
These entries reflect a cashless/net option exercise where the insider exercised options, had shares withheld to cover the exercise price, and sold the remaining shares the same day — a common liquidity event for option holders. Such sales are routine dispositions and do not by themselves indicate the insider’s view of the company’s longer-term prospects.