Form 4: ZimVie Inc. Executive Richard Heppenstall Reports Stock Transactions
SEC Form 4 Filing
Richard Heppenstall, Executive Vice President, Chief Financial Officer and Treasurer of ZimVie Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 15, 2025, Richard Heppenstall, an executive at ZimVie Inc., had 16,127 restricted stock units (RSUs) vest.
- Heppenstall also disposed of 3,927 shares of common stock to cover tax withholding obligations at a price of $8.73 per share.
- Following these transactions, Heppenstall directly owns 126,446 shares of ZimVie Inc. common stock.
- He also directly owns 16,126 restricted stock units that will vest on May 15, 2026.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation; it doesn't inherently indicate positive or negative sentiment.
Future Outlook
The remaining 16,126 RSUs held by Heppenstall are scheduled to vest on May 15, 2026.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the executive's holdings in the company.
- The tax withholding impacts the company's cash flow.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: vesting of 16,127 Restricted Stock Units and disposal of 3,927 shares for tax obligations. |
| 05/15/2026 | Date when the remaining 16,126 Restricted Stock Units vest. |
| 05/19/2025 | Date of the form's signature. |
Keywords
ZimVie Inc., Richard Heppenstall, Form 4, Stock Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Tax Withholding
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