Assaf Tiran, Executive Vice President Cross Suez & Atlantic BU at ZIM Integrated Shipping Services Ltd., filed a Form 4 on September 16, 2026, disclosing the net exercise of stock options and same-day sale of all resulting shares on September 15, 2026.

Key Highlights

  • Two option tranches exercised: 17,816 stock options at an adjusted exercise price of $24.45 and 7,778 stock options at an adjusted exercise price of $23.71 were exercised on a net basis on September 15, 2026.
  • Shares issued after withholding: The net exercises resulted in the issuance of 3,156 shares from the first tranche and 1,571 shares from the second tranche, after shares were withheld to cover the aggregate exercise price.
  • All shares sold same day: All 3,156 and 1,571 shares received were sold on September 15, 2026, the same day as the exercises.
  • Weighted average sale prices: The 3,156 shares sold at a weighted average price of $29.5128, in transactions ranging from $29.50 to $29.5271; the 1,571 shares sold at a weighted average price of $29.5079, in transactions ranging from $29.4803 to $29.55.
  • Zero remaining beneficial ownership: Following the reported transactions, the reporting person holds 0 ordinary shares directly.
  • Exercise prices adjusted: According to the filing, exercise prices were adjusted to reflect a cash dividend paid by the issuer, in accordance with anti-dilution provisions applicable to each award.

Assaf Tiran's Net Option Exercises and Share Sales at ZIM Integrated Shipping

According to the filing, Assaf Tiran, identified as EVP Cross Suez & Atlantic BU of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), reported two stock option exercises on September 15, 2026. The first involved 17,816 stock options with an expiration date of March 8, 2027, and the second involved 7,778 stock options with an expiration date of August 14, 2027. Both tranches were exercised on a net basis, meaning shares were withheld to cover the aggregate exercise price rather than a cash payment being made.

The filing states that the net exercise of the 17,816-option tranche resulted in the issuance of 3,156 ordinary shares, while the net exercise of the 7,778-option tranche resulted in 1,571 ordinary shares. All shares from both exercises were sold on the same day. The 3,156 shares were sold at a weighted average price of $29.5128 across multiple transactions ranging from $29.50 to $29.5271. The 1,571 shares were sold at a weighted average price of $29.5079 across transactions ranging from $29.4803 to $29.55. The filing notes that the reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request.

The filing further discloses that the exercise prices of $24.45 and $23.71 shown for each tranche have been adjusted to reflect a cash dividend paid by the issuer, in accordance with anti-dilution provisions applicable to each award. Following all reported transactions, the filing shows the reporting person's directly held beneficial ownership of ordinary shares at 0, and both derivative security positions show 0 remaining options. The Form 4 was signed by Meirav Shemesh on behalf of Oppenheimer Israel, as attorney-in-fact, and filed on September 16, 2026.

What Was Disclosed

The filing discloses the net exercise of two stock option grants and the same-day sale of all resulting ordinary shares by ZIM's EVP Cross Suez & Atlantic BU on September 15, 2026, leaving the reporting person with zero directly held shares.