Form 4: LivaNova PLC Director William Kozy Reports Acquisition of Restricted Stock Units

Director William Kozy reports the acquisition of 1,034 Restricted Stock Units (RSUs) in LivaNova PLC on March 30, 2024, vesting on March 30, 2025.

Summary

• William Kozy, a director of LivaNova PLC, reported the acquisition of 1,034 Restricted Stock Units (RSUs) on March 30, 2024.
• These RSUs were granted in connection with Kozy resuming his position as a non-independent director.
• The RSUs will vest and forfeiture restrictions will lapse on March 30, 2025, contingent upon continued service during the vesting period and the award agreement.
• Each RSU represents a contingent right to receive one Ordinary Share of LivaNova PLC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a common practice and indicates confidence in the company's future performance. It also aligns the director's interests with those of the shareholders.

Positives

• The grant of RSUs to a director aligns their interests with the long-term performance of the company.

Future Outlook

The RSUs will vest on March 30, 2025, subject to continued service, potentially increasing Kozy's ownership stake in LivaNova PLC.

Industry Context

This is a standard practice for incentivizing and retaining key personnel, aligning their interests with the company's performance.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates