Form 4: ZimVie Inc. Executive Vafa Jamali Reports Stock Transaction

Vafa Jamali, a director and officer of ZimVie Inc., reports the withholding of shares to cover tax obligations and shares acquired through the employee stock purchase plan.

Summary

• On March 1, 2025, Vafa Jamali, a director and officer of ZimVie Inc., had 4,126 shares withheld to cover tax obligations related to the vesting of restricted stock units.
• The price per share for the tax withholding was $13.08.
• Following the transaction, Jamali directly owns 276,128 shares of ZimVie Inc. common stock.
• This total includes 2,450 shares acquired through the ZimVie Inc. Employee Stock Purchase Plan across two offering periods ending May 31, 2024, and November 30, 2024.

Sentiment

Score: 6

Explanation: The document reflects routine transactions (tax withholding and ESPP purchase). It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• Jamali's participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to have shares withheld to cover tax obligations when restricted stock units vest.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.

Key Dates