BRISBY DOMINIC 4
4 · Nomad Foods Ltd · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Nomad Foods (NOMD) CEO Dominic Brisby Buys 150,000 Shares
What Happened
Dominic Brisby, CEO of Nomad Foods Ltd (NOMD), reported an open-market purchase of 150,000 ordinary shares on May 15, 2026. The aggregated purchase value reported is $1,468,860 at a weighted-average price of $9.79 per share (reported price range $9.73–$9.86). This transaction is a purchase (insider buy), which investors often view as a sign of confidence by management.
Key Details
- Transaction date: May 15, 2026 (filed on Form 4: May 18, 2026) — filing appears to be within the normal reporting window.
- Transaction type/code: P = Purchase (open market or private purchase).
- Shares purchased: 150,000; weighted-average price: $9.79; total reported value: $1,468,860.
- Price range: $9.73 to $9.86 for multiple trades (F1). The reporting person will provide per-price breakdown on request (per F1).
- Shares owned after transaction: Not specified in the provided Form 4 excerpt.
- Related footnotes: F2–F6 reference other equity awards and performance-based option/PSU vesting terms (e.g., 150,000 RSUs with a stated vesting date, and various performance/vesting conditions for options/PSUs). These notes apply to the filer’s broader compensation package rather than this specific open-market purchase.
Context
Insider purchases are watched by retail investors because they can indicate management’s confidence, but they are only one data point and do not guarantee future stock performance. The footnotes indicate the filer also has restricted share units, options and performance stock units subject to vesting and performance conditions — these are separate from the open-market purchase reported here.
Insider Transaction Report
- Purchase
Ordinary Shares
[F1][F2]2026-05-15$9.79/sh+150,000$1,468,860→ 676,794 total
- 5,000,000
Stock Options (Right to Buy)
[F3][F4]Exercise: $10.14Exp: 2031-05-07→ Ordinary Shares (5,000,000 underlying) - 300,000
Performance Based Share Units
[F5][F6]→ Ordinary Shares (300,000 underlying)
Footnotes (6)
- [F1]The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged form $9.73 to $9.86, 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]Includes 150,000 Restricted Share Units which shall vest on the first anniversary of the grant date (November 3, 2025).
- [F3]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 certain share price performance targets 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 targets during the Performance Period.
- [F4]The number of options set forth herein represents the maximum number of options that are eligible to vest under the option agreement if the Issuer achieves the maximum specified share price performance target during the Performance Period and such number of options eligible to vest will be reduced to 87.5%, 75%, 50%, 20% or 0% of the number of options reported herein to the extent that the Issuer achieves one or more lower specified share price performance targets during the Performance Period.
- [F5]Each Performance Stock Unit ("PSU") represents a contingent right to receive one Ordinary Share of the Issuer.
- [F6]These PSUs will be earned based upon the Issuer's performance during the three-year performance period. Once earned, the performance based share units will best on February 28, 2029.