Form 4: ZimVie Inc. Director Karen Matusinec Reports Acquisition of Deferred Share Units and Restricted Stock Units
SEC Form 4
Director Karen Matusinec reports acquisition of deferred share units and restricted stock units in ZimVie Inc.
Summary
- Karen Matusinec, a director of ZimVie Inc., filed a Form 4 on May 9, 2025, reporting transactions that occurred on May 7, 2025.
- The transactions involve the acquisition of 500 deferred share units and 21,119 restricted stock units.
- The deferred share units were accrued under the ZimVie Inc. Deferred Compensation Plan for Non-Employee Directors and are to be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director.
- The restricted stock units are immediately 100% vested and will be subject to mandatory deferral until the later of (1) the reporting person's termination of service as a Director or (2) the date that is three years after the grant date.
- Following the reported transactions, Matusinec beneficially owns 6,755.864 common stock shares and 57,728 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating insider transactions, which doesn't inherently suggest positive or negative sentiment.
Positives
- The acquisition of deferred share units and restricted stock units by a director signals confidence in the company's future performance.
- The vesting and deferral terms of the restricted stock units align the director's interests with the long-term success of the company.
Future Outlook
The deferred share units will be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director. The Restricted Stock Units are immediately 100% vested and will be subject to mandatory deferral until the later of (1) the reporting person's termination of service as a Director or (2) the date that is three years after the grant date.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders as it aligns management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of the reported transactions (acquisition of deferred share units and restricted stock units). |
| 05/09/2025 | Date of Form 4 filing. |
Keywords
Form 4, ZimVie Inc., Director, Matusinec, Deferred Share Units, Restricted Stock Units, Beneficial Ownership, ZIMV
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