Form 4: Zimmer Biomet Director Arthur J. Higgins Reports Acquisition of Phantom Stock Units

Director Arthur J. Higgins reports acquiring phantom stock units in Zimmer Biomet Holdings, Inc. through a deferred compensation plan.

Summary

• Arthur J. Higgins, a director of Zimmer Biomet Holdings, Inc., reported the acquisition of phantom stock units on December 31, 2024.
• The transaction involved the accrual of 260.096 phantom stock units under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.
• The price of the phantom stock units was $105.73.
• Following the reported transaction, Higgins beneficially owns 33,696.735 phantom stock units.
• These units are to be settled in cash in ten annual installments commencing within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs.
• The reported holdings include 74.036 phantom stock units accrued on October 31, 2024, under the dividend reinvestment provision of the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There is no indication of positive or negative implications for the company's performance.

Positives

• The acquisition of phantom stock units by a director may signal confidence in the company's future performance.

Future Outlook

The phantom stock units will be settled in cash in ten annual installments commencing within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs.

Industry Context

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

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns the director's compensation.

Key Dates