Form 4: ZimVie Inc. Chief Accounting Officer Sandra Schneider Reports Changes in Beneficial Ownership

Sandra Schneider, Chief Accounting Officer of ZimVie Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On March 10, 2024, Sandra Schneider, Chief Accounting Officer of ZimVie Inc., reported the acquisition of 3,591 shares of common stock upon the vesting of restricted stock units (RSUs).
• Simultaneously, 1,019 shares were disposed of to satisfy tax withholding obligations at a price of $17.86 per share.
• Following these transactions, Schneider directly owns 16,455 shares of common stock.
• Additionally, on March 7, 2024, Schneider acquired 19,625 restricted stock units (RSUs) that vest annually in thirds, starting March 7, 2025.
• After the vesting of 3,591 RSUs on March 10, 2024, Schneider holds 3,590 RSUs that vest on March 10, 2025, and 19,625 unvested RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.

Future Outlook

The reporting person will continue to hold and manage their equity stake in ZimVie Inc., with future vesting dates for the remaining restricted stock units.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.

Stakeholder Impact

• Shareholders gain insight into the equity holdings and transactions of a key executive, promoting transparency.

Key Dates