Form 4: ZimVie Inc. Executive Rebecca Whitney Reports Stock Transactions

Rebecca Whitney, a Senior Vice President at ZimVie Inc., reported the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.

Summary

• On March 10, 2024, Rebecca Whitney, a Senior Vice President at ZimVie Inc., reported transactions involving the company's common stock.
• 4,163 Restricted Stock Units (RSUs) vested, each representing a contingent right to receive one share of ZimVie common stock.
• The vesting of these RSUs resulted in the acquisition of 4,163 shares.
• 1,197 shares were withheld by ZimVie Inc. to satisfy tax withholding obligations related to the vesting of the RSUs at a price of $17.86.
• Following these transactions, Whitney directly owns 33,029 shares of ZimVie common stock and 4,163 RSUs.
• The remaining 4,163 RSUs vest on March 10, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The remaining 4,163 RSUs will vest on March 10, 2025.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minor impact on the overall share structure of the company.

Key Dates