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LivaNova (LIVN) director logs RSU vesting, tax withholding and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LivaNova PLC director Susan M. Podlogar reported compensation-related share activity tied to restricted stock units (RSUs). On June 15, 2026, vested RSUs were settled into 4,042 ordinary shares, and 486 shares were withheld at $79.70 per share to satisfy tax liabilities. Following these transactions, she directly owned 5,642 ordinary shares of LivaNova PLC.

On the same date, Podlogar also received a new grant of 2,383 RSUs under the company’s 2025 Director Incentive Award Plan. Each RSU represents one ordinary share, scheduled to vest on June 15, 2027, subject to continued service and the plan’s award agreement.

Positive

  • None.

Negative

  • None.
Insider PODLOGAR SUSAN M
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 4,042 $0.00 --
Grant/Award Restricted Stock Units 2,383 $0.00 --
Exercise Ordinary Shares 4,042 $0.00 --
Tax Withholding Ordinary Shares 486 $79.70 $39K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Ordinary Shares — 6,128 shares (Direct, null)
Footnotes (1)
  1. Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), 1.00 GBP par value. Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2025 Director Incentive Award Plan (the 2025 Plan) and the 2025 Plan award agreement. Shares withheld to satisfy tax liability. RSUs granted under the 2025 Plan on June 15, 2025 that vested on June 15, 2026. The RSUs, granted under the 2025 Plan, vest on June 15, 2027, subject to continued service during the vesting period and the terms of the 2025 Plan award agreement.
Shares withheld for taxes 486 shares at $79.70 Ordinary shares withheld to satisfy tax liability on June 15, 2026
Shares from RSU vesting 4,042 ordinary shares Vested RSUs settled into ordinary shares on June 15, 2026
Shares owned after transactions 5,642 ordinary shares Direct ownership following June 15, 2026 Form 4 transactions
New RSU grant 2,383 RSUs Granted under 2025 Director Incentive Award Plan, vesting June 15, 2027
restricted stock units financial
"Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one ordinary share of the Company"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2025 Director Incentive Award Plan financial
"in accordance with the terms of the Company's 2025 Director Incentive Award Plan (the 2025 Plan)"
tax liability financial
"Shares withheld to satisfy tax liability."
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PODLOGAR SUSAN M

(Last)(First)(Middle)
20 EASTBOURNE TERRACE

(Street)
LONDONW2 6LG

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
LivaNova PLC [ LIVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/15/2026M4,042A$0(1)(2)6,128D
Ordinary Shares06/15/2026F486(3)D$79.75,642D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/15/2026M4,042 (4) (4)Ordinary Shares4,042$00D
Restricted Stock Units(2)06/15/2026A2,383 (5) (5)Ordinary Shares2,383$02,383D
Explanation of Responses:
1. Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), 1.00 GBP par value.
2. Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2025 Director Incentive Award Plan (the 2025 Plan) and the 2025 Plan award agreement.
3. Shares withheld to satisfy tax liability.
4. RSUs granted under the 2025 Plan on June 15, 2025 that vested on June 15, 2026.
5. The RSUs, granted under the 2025 Plan, vest on June 15, 2027, subject to continued service during the vesting period and the terms of the 2025 Plan award agreement.
Remarks:
/s/ Sarah K. Mohr, Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did LivaNova (LIVN) director Susan M. Podlogar report in this Form 4?

Susan M. Podlogar reported RSU-related share activity, including vesting into ordinary shares, tax withholding in shares, and a new RSU grant. These are compensation and tax events rather than open-market share purchases or sales.

How many LivaNova (LIVN) shares did Susan M. Podlogar receive from RSU vesting?

Vested restricted stock units settled into 4,042 ordinary shares of LivaNova PLC. These shares came from previously granted RSUs that vested according to the company’s 2025 Director Incentive Award Plan and its award agreement terms.

How many LivaNova (LIVN) shares were withheld for Susan M. Podlogar’s taxes?

A total of 486 ordinary shares were withheld at a price of $79.70 per share to satisfy Susan M. Podlogar’s tax liability. This tax withholding is not an open-market sale but an administrative share disposition.

What is Susan M. Podlogar’s LivaNova (LIVN) share ownership after these transactions?

After the reported transactions, Susan M. Podlogar directly owned 5,642 ordinary shares of LivaNova PLC. This reflects RSUs vesting into shares and a portion of those shares being withheld to cover associated tax obligations.

What new RSUs did Susan M. Podlogar receive from LivaNova (LIVN)?

She received a grant of 2,383 restricted stock units under LivaNova’s 2025 Director Incentive Award Plan. Each RSU equals one ordinary share and is scheduled to vest on June 15, 2027, subject to continued service.

Are Susan M. Podlogar’s LivaNova (LIVN) transactions open-market buys or sells?

The reported transactions are not open-market trades. They involve RSUs vesting into ordinary shares, a derivative exercise, and shares withheld to satisfy tax liabilities, along with a new RSU grant under the company’s director incentive plan.