Sami Jubran, Executive Vice President and Chief Finance Officer of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), filed a Form 4 on September 10, 2026, disclosing the net exercise of stock options and same-day sale of all resulting ordinary shares on September 8, 2026.
Key Highlights
- Two option exercises: Jubran exercised 2,000 options at an exercise price of $2.51 and 8,277 options at an exercise price of $24.45, both on September 8, 2026.
- Net-basis exercise: Shares were withheld to cover the aggregate exercise price in each transaction, resulting in the issuance of 1,824 shares from the first exercise and 1,196 shares from the second.
- All shares sold: All 1,824 and 1,196 ordinary shares received were sold on the same day, September 8, 2026.
- Sale price: The reported sale price is a weighted average of $29.91, with individual transactions ranging from $29.91 to $29.92.
- Remaining beneficial ownership: Following these transactions, Jubran directly holds 0 ordinary shares and 10,862 stock options (right to buy) with an exercise price of $2.51.
Details of Jubran's Option Exercises and Share Sales at ZIM
According to the filing, Sami Jubran, identified as EVP Chief Finance Officer of ZIM Integrated Shipping Services Ltd., conducted two separate stock option exercises on September 8, 2026, both on a net basis. In the first transaction, he exercised 2,000 stock options with an exercise price of $2.51, originally exercisable from March 13, 2025, and expiring March 13, 2029. Shares were withheld to cover the exercise price, and the net result was the issuance of 1,824 ordinary shares. In the second transaction, he exercised 8,277 options at an exercise price of $24.45, originally exercisable from March 9, 2023, and expiring March 9, 2027, yielding 1,196 net shares after withholding.
The filing reports that all shares received from both exercises were sold on the same day at a weighted average price of $29.91. The filing notes that sales occurred in multiple transactions ranging from $29.91 to $29.92, and that the reporting person "undertakes to provide full information regarding the number of shares sold at each separate price upon request." The price of each derivative security at exercise was reported as $0.
After these transactions, the filing indicates Jubran directly holds 0 ordinary shares. He retains 10,862 stock options (right to buy) at an exercise price of $2.51, held directly. The Form 4 was signed by Liron Avigdor on behalf of Oppenheimer Israel, as attorney-in-fact, and filed on September 10, 2026.
What Was Disclosed
The filing discloses the net exercise of two tranches of stock options by ZIM's CFO on September 8, 2026, the same-day sale of all 3,020 resulting ordinary shares at a weighted average of $29.91, and a post-transaction direct holding of 0 ordinary shares.




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