Form 4: ZimVie Inc. Executive Sandra Schneider Reports Stock Transactions
SEC Form 4
Sandra Schneider, Chief Accounting Officer of ZimVie Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On March 7, 2025, Sandra Schneider, Chief Accounting Officer of ZimVie Inc., had 6,542 restricted stock units (RSUs) vest, which were converted into common stock.
- Also on March 7, 2025, 1,753 shares of common stock were withheld to cover tax obligations at a price of $12.78 per share.
- This resulted in Ms. Schneider directly owning 29,662 shares of common stock.
- On March 10, 2025, an additional 3,590 RSUs vested and were converted into common stock.
- 875 shares were withheld on March 10, 2025, to cover tax obligations at a price of $12.2 per share.
- Following these transactions, Ms. Schneider directly owns 32,377 shares of common stock.
- The remaining RSUs will vest on March 7, 2026, and March 7, 2027.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions related to executive compensation.
Future Outlook
The remaining RSUs will vest on March 7, 2026, and March 7, 2027.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives.
- The vesting schedules and tax withholding practices are typical for RSU grants.
- Comparable companies like Medtronic, Stryker, and Johnson & Johnson also have executives who regularly file Form 4s to report similar transactions.
Stakeholder Impact
- The transactions reported have a minor impact on shareholders as they reflect the vesting of previously granted compensation.
- Employees holding RSUs may be interested in the vesting schedule and tax implications.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | 6,542 Restricted Stock Units vested and 1,753 shares withheld for taxes at $12.78. |
| 03/10/2025 | 3,590 Restricted Stock Units vested and 875 shares withheld for taxes at $12.2. |
| 03/11/2025 | Date of the report filing. |
| 03/07/2026 | Remaining RSUs vest on this date. |
| 03/07/2027 | Remaining RSUs vest on this date. |
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