Form 4: ZimVie Inc. Director Richard Kuntz Reports Acquisition of Deferred Share Units

Director Richard Kuntz reports acquiring deferred share units in ZimVie Inc. under the Deferred Compensation Plan for Non-Employee Directors.

Summary

• Richard Kuntz, a director of ZimVie Inc., filed a Form 4 on October 2, 2024, reporting a transaction on September 30, 2024.
• The transaction involved the acquisition of 795.022 deferred share units under the ZimVie Inc. Deferred Compensation Plan for Non-Employee Directors.
• The price of the derivative security is $0.
• These units are to be settled in cash after Kuntz ceases to be a director.
• Following the reported transaction, Kuntz beneficially owns 8,511.817 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it's a routine transaction filing. The acquisition of deferred share units is a standard part of director compensation.

Future Outlook

The deferred share units will be settled in cash after the reporting person's service as a director ends.

Industry Context

This filing reflects standard compensation practices for non-employee directors, often involving deferred share units that vest over time and are settled upon cessation of service.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it relates to director compensation.

Key Dates