0001651717-26-000017
SEC filingNomad Foods Limited implemented a Co-Investment and Share Option Matching Sub Plan effective May 5, 2026, granting options to CEO, CFO, Co-Chairmen, and senior management tied to share purchases and price hurdles up to $25.00.
The Matching Plan incentivizes alignment between senior leadership and shareholders by requiring Designated Persons to invest personal capital in ordinary shares, with option grants scaled to purchase levels and share price performance. For CEO Dominic Brisby, the highest hurdles culminate at $25.00 for full 5 million options, signaling strong confidence in substantial upside potential. CFO and additional management share similar tiered structures up to $25.00, while Co-Chairmen vest fully at $20.00, reflecting their board roles. Total potential dilution reaches up to 9.35 million shares if all maximums vest, though pro-rata reductions apply for unmet purchase targets. Vesting via 20-day VWAP allows measurement anytime during the 5-year term, with exercisability deferred until the third anniversary to promote long-term holding. Change of control acceleration protects participants while tying outcomes to performance milestones, enhancing retention of top talent amid competitive leadership markets.