Form 4: ZimVie Inc. Director David P. King Reports Acquisition of Deferred Share Units

Director David P. King reports acquisition of deferred share units in ZimVie Inc. under the Deferred Compensation Plan for Non-Employee Directors.

Summary

• On March 31, 2025, David P. King, a director of ZimVie Inc., acquired 3,710.575 deferred share units under the company's Deferred Compensation Plan for Non-Employee Directors.
• The conversion price of the derivative security is 1-for-1.
• These units will be settled in cash in four annual installments starting within sixty days after King's service as a director ends.
• Following the reported transaction, King beneficially owns 42,593.166 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.

Positives

• The acquisition of deferred share units aligns the director's interests with the long-term performance of the company.

Future Outlook

The deferred share units will be settled in cash in four annual installments commencing within sixty days after cessation of the reporting person's service as a Director.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.

Stakeholder Impact

• The acquisition of deferred share units by a director can signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

ZimVie Inc., David P. King, deferred share units, director, beneficial ownership, Form 4, ZIMV, compensation plan