Form 4: ZimVie Inc. Executive Vafa Jamali Reports Stock Transaction
SEC Form 4 Filing
Vafa Jamali, President and CEO of ZimVie Inc., reports the withholding of 11,381 common stock shares to cover tax obligations related to vesting restricted stock units on February 25, 2024.
Summary
- On February 25, 2024, Vafa Jamali, President and CEO of ZimVie Inc., had 11,381 shares of common stock withheld by the company to satisfy tax obligations.
- This transaction occurred at a price of $19.21 per share.
- Following the transaction, Jamali directly owns 230,822 shares of ZimVie Inc. common stock.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax withholding) related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It's common for companies to withhold shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it relates to tax obligations on executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of stock transaction (tax withholding) |
| 02/27/2024 | Date of signature on the Form 4 filing |
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