Form 4: ZimVie Inc. Director Sally Crawford Reports Acquisition of Deferred Share Units and Restricted Stock Units

Director Sally Crawford reports acquisition of deferred share units and restricted stock units in ZimVie Inc.

Summary

• On May 7, 2025, Sally Crawford, a director of ZimVie Inc., reported 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.
• These units will be settled in shares of ZimVie Inc. common stock within sixty days after Crawford's service as a director ends.
• The restricted stock units are immediately 100% vested but subject to mandatory deferral until the later of Crawford's termination of service as a director or three years after the grant date.
• Following these transactions, Crawford beneficially owns 6,755.864 deferred share units and 57,728 restricted stock units.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral sentiment. It doesn't suggest any immediate positive or negative implications for the company's performance.

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 ZimVie Inc. common stock within sixty days after Crawford's service as a director ends. The restricted stock units are subject to mandatory deferral until the later of Crawford's termination of service as a director or three years after the grant date.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, common in publicly traded companies to align management interests with shareholder value.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice across the industry to align their interests with shareholders.
• Companies like Medtronic, Stryker, and Johnson & Johnson also utilize similar compensation plans for their directors.
• The vesting schedules and deferral terms are generally in line with industry standards for director compensation.

Stakeholder Impact

• The acquisition of deferred share units and restricted stock units by a director can positively influence shareholder confidence.
• The compensation structure aligns the director's interests with the long-term success of the company, potentially benefiting shareholders.

Key Dates

Keywords

ZimVie Inc., Sally Crawford, Director, Deferred Share Units, Restricted Stock Units, Beneficial Ownership, Form 4, SEC