BRISBY DOMINIC 4
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Nomad Foods (NOMD) CEO Dominic Brisby Receives Award
What Happened Dominic Brisby, CEO of Nomad Foods Ltd (NOMD), was granted 5,000,000 derivative awards on May 7, 2026 (reported on Form 4 filed May 8, 2026). The grant is recorded at $0.00 per share (no cash exchanged at grant). This is an award/grant (transaction code A) — not an open‑market purchase or sale.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 8, 2026 (appears timely under Form 4 rules).
- Amount: 5,000,000 derivative awards reported at $0.00 per share (no immediate cash value realized).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes from the filing:
- F1: Includes 150,000 Restricted Share Units (RSUs) that vest on the first anniversary of the grant date (noted as November 3, 2025 in the filing).
- F2: Option vesting is contingent on (i) the reporting person satisfying a share purchase requirement under the Issuer's Sub Plan between May 5, 2025 and June 5, 2027 and (ii) the Issuer achieving specified share price performance targets during May 7, 2026–May 7, 2031; vesting (if any) occurs on the later of May 7, 2029 or achievement of the performance targets.
- F3: The number of options eligible to vest is scaled down (to 87.5%, 75%, 50%, 20% or 0%) if lower performance targets are met.
- F4: Each Performance Based Share Unit (PSU) represents a contingent right to one ordinary share.
- F5: PSUs are earned based on a three‑year performance period; once earned they will vest on February 28, 2029.
Context This was a derivative equity grant subject to service and performance vesting conditions, not a purchase or sale of shares. Such awards align executive compensation with future performance milestones and typically do not represent an immediate market trade or cash flow.