Form 4: Zimmer Biomet Executive Stellato Reports Stock Transactions
SEC Form 4 Filing
Paul A. Stellato, VP, Controller & CAO of Zimmer Biomet Holdings, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 6, 2025, Paul A. Stellato, VP, Controller & CAO of Zimmer Biomet Holdings, Inc., had 608 Restricted Stock Units (RSUs) vest.
- Following the vesting, 191 shares were withheld by the company to cover tax obligations at a price of $104.86 per share.
- Stellato now directly owns 2,343 shares of common stock.
- After the transaction, Stellato holds 607 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications.
Future Outlook
The remaining RSUs will vest on March 6, 2026.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- Shareholders may be interested in tracking executive stock transactions for insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction, vesting of RSUs, and tax withholding. |
| 03/06/2026 | Remaining RSUs vest. |
| 03/07/2025 | Date of Form 4 signature. |
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