BRISBY DOMINIC 4
Research Summary
AI-generated summary
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.