Form 4: LivaNova PLC Director Peter M. Wilver Reports Share Transactions
SEC Form 4 Filing
Director Peter M. Wilver reports acquisition and disposal of LivaNova PLC ordinary shares and restricted stock units.
Summary
- On June 15, 2024, Peter M. Wilver, a director of LivaNova PLC, reported transactions involving the company's ordinary shares and restricted stock units (RSUs).
- Wilver acquired 2,680 ordinary shares upon settlement of RSUs at a price of $0.
- He also disposed of 585 ordinary shares to satisfy tax liabilities at a price of $52.68 per share.
- Following these transactions, Wilver directly owns 3,732 ordinary shares.
- Additionally, Wilver acquired 3,416 RSUs that vest on June 15, 2025, subject to continued service.
- After the reported transactions, Wilver directly owns 3,416 RSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The disposal of shares to cover tax liabilities may have a minor impact on the stock's trading volume.
Key Dates
| Date | Description |
|---|---|
| 06/15/2023 | Reporting person was granted RSUs vesting on June 15, 2024. |
| 06/15/2024 | Date of earliest transaction: Acquisition of ordinary shares via RSU settlement and disposal of shares for tax liability. |
| 06/15/2025 | RSUs vest on this date, subject to continued service. |
| 06/18/2024 | Date of signature for the Form 4 filing. |
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