Form 4: LivaNova PLC Director Susan M. Podlogar Granted 4,042 Restricted Stock Units

LivaNova PLC Director Susan M. Podlogar has been granted 4,042 Restricted Stock Units (RSUs) under the company's 2025 Director Incentive Award Plan, vesting on June 15, 2026.

Summary

• Susan M. Podlogar, a Director of LivaNova PLC (LIVN), acquired 4,042 Restricted Stock Units (RSUs).
• The transaction date for the RSU grant was June 15, 2025.
• Each RSU represents a contingent right to receive one ordinary share of LivaNova PLC.
• The RSUs were granted under the Company's 2025 Director Incentive Award Plan.
• The granted RSUs are scheduled to vest on June 15, 2026, contingent upon continued service during the vesting period and adherence to the 2025 Plan award agreement terms.
• Following this transaction, Susan M. Podlogar beneficially owns 4,042 derivative securities (RSUs).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the RSU grant aligns the director's interests with shareholders, indicating commitment, which is generally viewed favorably.

Positives

• The grant of Restricted Stock Units to a director aligns their interests with those of shareholders, as the value of the RSUs is tied to the company's share price performance.
• This transaction indicates continued commitment and engagement of the director with the company's long-term success.

Risks

• The vesting of the 4,042 Restricted Stock Units (RSUs) is subject to Susan M. Podlogar's continued service during the vesting period, meaning the shares are not immediately owned and could be forfeited if service conditions are not met.

Future Outlook

The primary future event mentioned is the vesting of the 4,042 Restricted Stock Units on June 15, 2026, which is contingent upon the director's continued service to the company.

Corporate Governance

Related Party Transactions

• Grant of 4,042 Restricted Stock Units (RSUs) to Susan M. Podlogar, a Director of LivaNova PLC, under the Company's 2025 Director Incentive Award Plan, representing a standard compensation arrangement between the company and a related party.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of director's interests with company performance through equity ownership, fostering long-term value creation.

Next Steps

• The 4,042 Restricted Stock Units are expected to vest on June 15, 2026, converting into ordinary shares of LivaNova PLC, provided the director continues service.

Key Dates

Keywords

LivaNova, LIVN, SEC Form 4, Director, Restricted Stock Units, RSU, Insider Transaction, Equity Grant, Compensation Plan, Corporate Governance