Ruben Baldew, Chief Financial Officer and Director of Nomad Foods Ltd (NYSE:NOMD), filed a Form 4 on August 21, 2026, disclosing the open-market purchase of 28,290 ordinary shares on August 19, 2026.

Key Highlights

  • Purchase transaction: Baldew acquired 28,290 ordinary shares on August 19, 2026, at a price of $11.8498 per share, coded as a purchase (P).
  • Resulting ownership: Following the transaction, Baldew directly beneficially owns 367,172 ordinary shares.
  • Restricted Share Units: The 367,172 total includes 184,991 Restricted Share Units scheduled to vest on June 17, 2027.
  • Stock options held: Baldew holds stock options to buy up to 1,850,000 ordinary shares at an exercise price of $10.14, with vesting no earlier than May 7, 2029, subject to share price performance targets through May 7, 2031.
  • Performance Share Units: Three separate PSU grants totaling 208,848 units are held, with potential vest dates of February 28, 2027, February 28, 2028, and February 28, 2029, each contingent on issuer performance.
  • Filing signed: The form was signed by Neil Fletcher as Attorney-in-Fact on August 21, 2026.

Baldew's Share Purchase and Full Derivative Holdings at Nomad Foods

According to the filing, Ruben Baldew, who serves as both a Director and Chief Financial Officer of Nomad Foods Ltd, reported a single open-market purchase of 28,290 ordinary shares at $11.8498 per share on August 19, 2026. Following this transaction, Baldew directly holds 367,172 ordinary shares in total, a figure the filing notes includes 184,991 Restricted Share Units that will vest on June 17, 2027.

In addition to the direct share position, the filing discloses that Baldew holds stock options to purchase up to 1,850,000 ordinary shares at an exercise price of $10.14, expiring May 7, 2031. According to the filing, this figure represents the maximum number of options eligible to vest if the company achieves the maximum specified share price performance target during the performance period beginning May 7, 2026 and ending May 7, 2031. The number of eligible options may be reduced to 87.5%, 75%, 50%, 20%, or 0% depending on the level of share price targets achieved. Vesting is also conditioned on Baldew satisfying a share purchase component under the company's Co-Investment and Share Option Matching Sub Plan between May 5, 2025 and June 5, 2027.

The filing further discloses three separate grants of Performance Based Share Units. The first covers 44,248 PSUs eligible to vest on February 28, 2027; the second covers 44,696 PSUs eligible to vest on February 28, 2028; and the third covers 119,904 PSUs eligible to vest on February 28, 2029. Each PSU, according to the filing, represents a contingent right to receive one ordinary share, with the number earned to be determined by the issuer's performance over a three-year performance period.

What Was Disclosed

The Form 4 filed August 21, 2026, reports Nomad Foods CFO Ruben Baldew's purchase of 28,290 ordinary shares at $11.8498 each on August 19, 2026, plus the status of his stock options and three PSU grants, as described above.