Form 4: LivaNova PLC Director Kozy Settles Restricted Stock Units

Director William A. Kozy settled restricted stock units for LivaNova PLC ordinary shares on March 30, 2025, and shares were withheld to cover tax liabilities.

Summary

• On March 30, 2025, Director William A. Kozy settled 1,034 restricted stock units (RSUs) into LivaNova PLC ordinary shares.
• The settlement was related to RSUs granted on March 30, 2024, which vested on March 30, 2025.
• 188 shares were withheld to satisfy tax liabilities related to the RSU settlement at a price of $39.13.
• Following the transactions, Kozy directly owns 28,308 ordinary shares.

Sentiment

Score: 5

Explanation: This is a neutral event related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with long-term shareholder value.
• The vesting schedules and tax withholding practices are standard across the industry.
• Comparable companies such as Medtronic, Boston Scientific, and Abbott also utilize RSUs as part of their executive compensation plans.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the standard compensation practices for company directors.

Key Dates

Keywords

LivaNova PLC, William A. Kozy, Director, Restricted Stock Units, RSU, Ordinary Shares, Form 4, SEC Filing, Beneficial Ownership