BALDEW RUBEN 4

What Happened Ruben Baldew, Chief Financial Officer of Nomad Foods Ltd (NOMD), made an open-market purchase of 14,731 ordinary shares on May 14, 2026. The weighted-average price reported for the purchase was $9.71 per share, for a total transaction value of approximately $143,069. This was a purchase (reported with transaction code P), which retail investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed late; Form 4s are normally due within two business days).
• Shares acquired: 14,731; reported weighted-average price: $9.71; total value ≈ $143,069.
• Price range: per footnote F1, the purchases occurred at prices ranging from $9.56 to $9.7209; the $9.71 is a weighted average across multiple trades.
• Shares owned after transaction: not specified in the supplied filing details.
• Related footnotes on the filing (F2–F8) indicate the reporting person holds additional restricted share units, performance-based share units, and option awards that vest subject to time and performance conditions through 2029–2031; these are separate from the open-market purchase reported here.
• Timeliness: Filing appears late (transaction 5/14/26; filed 5/18/26). Late filings can be viewed as a compliance lapse and may be noted by investors and regulators.

Context This Form 4 reports an outright purchase rather than an option exercise or award vesting. The filing also discloses various outstanding equity awards with performance-vesting schedules (see footnotes F2–F8), but those awards were not exercised or sold in this transaction. The purchase itself increases the insider’s direct share stake (exact post-transaction holdings were not provided), which some investors consider a positive signal, though filings do not explain the insider’s motivations.