Form 4: ZimVie Inc. Executive Richard Heppenstall Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Richard Heppenstall, Executive Vice President, Chief Financial Officer and Treasurer of ZimVie Inc., reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On October 1, 2024, Richard Heppenstall, an executive at ZimVie Inc., had 1,058 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share was $15.7.
- Following this transaction, Heppenstall directly owns 90,687 shares of ZimVie Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it relates to tax obligations on executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction where shares were withheld for tax obligations. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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