LivaNova director sells 1,200 shares after RSU vesting

LivaNova PLC director Francesco Bianchi reported several equity transactions involving company ordinary shares and restricted stock units.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

LivaNova PLC director Francesco Bianchi reported several equity transactions involving company ordinary shares and restricted stock units. He sold 1,200 ordinary shares in an open-market transaction at $80.19 per share and held 9,584 shares directly after the transactions. On the same date, vested restricted stock units were exercised, delivering 4,042 ordinary shares, with 486 shares withheld to satisfy tax liabilities at a price of $79.70 per share. Bianchi also received a new grant of 2,383 restricted stock units that each represent a right to receive one ordinary share, scheduled to vest on June 15, 2027 subject to continued service.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Bianchi Francesco

Role Director

Sold 1,200 shs ($96K)

Approx. gross sale proceeds $96K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,042	$0.00	$0.00
Grant/Award	Restricted Stock Units	2,383	$0.00	$0.00
Exercise	Ordinary Shares	4,042	$0.00	$0.00
Exercise Price or Tax Liability	Ordinary Shares	486	$79.70	$39K
Sale	Ordinary Shares	1,200	$80.19	$96K

Holdings After Transaction: Restricted Stock Units — 2,383 contracts (Direct); Ordinary Shares — 9,584 shares (Direct)

Footnotes (5)

F1. Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), 1.00 GBP par value.
F2. 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.
F3. Shares withheld to satisfy tax liability.
F4. RSUs granted under the 2025 Plan on June 15, 2025 that vested on June 15, 2026.
F5. 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.

Key Figures

Open-market sale: 1,200 shares at $80.19 Tax withholding shares: 486 shares at $79.70 RSUs exercised into shares: 4,042 shares at $0.00 +2 more

5 metrics

Open-market sale 1,200 shares at $80.19 Ordinary Shares sold on June 15, 2026

Tax withholding shares 486 shares at $79.70 Shares withheld to satisfy tax liability

RSUs exercised into shares 4,042 shares at $0.00 Vested RSUs settled in ordinary shares

New RSU grant 2,383 RSUs Grant under 2025 Director Incentive Award Plan

Shares owned after transactions 9,584 shares Direct ownership following June 15, 2026 trades

Key Terms

restricted stock units, 2025 Director Incentive Award Plan, tax liability, vest, +1 more

5 terms

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.

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."

vest financial

"RSUs granted under the 2025 Plan on June 15, 2025 that vested on June 15, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant financial

"The RSUs, granted under the 2025 Plan, vest on June 15, 2027"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did LivaNova (LIVN) director Francesco Bianchi report?

Francesco Bianchi reported multiple transactions: an open-market sale of 1,200 LivaNova ordinary shares, exercise and settlement of vested restricted stock units into shares, tax withholding via share disposition, and a new grant of 2,383 restricted stock units scheduled to vest in 2027.

How many LivaNova (LIVN) shares did the director sell and at what price?

The director sold 1,200 LivaNova ordinary shares in an open-market transaction at $80.19 per share. This is classified as a sale transaction and is separate from shares withheld for taxes, which are not open-market sales.

What is Francesco Bianchi’s LivaNova (LIVN) shareholding after these transactions?

After the reported transactions, Francesco Bianchi directly owns 9,584 LivaNova ordinary shares. This figure reflects his position following the option exercise, tax-withholding disposition of 486 shares, and open-market sale of 1,200 shares disclosed in the Form 4.

What restricted stock unit (RSU) grant did the LivaNova (LIVN) director receive?

The director received 2,383 restricted stock units, each representing a contingent right to one LivaNova ordinary share. These RSUs were granted under the 2025 Director Incentive Award Plan and are scheduled to vest on June 15, 2027, subject to continued service conditions.

How were taxes handled on the LivaNova (LIVN) director’s RSU vesting?

To satisfy tax liabilities linked to vested restricted stock units, 486 LivaNova ordinary shares were withheld at a price of $79.70 per share. This tax-withholding disposition is recorded separately from the director’s 1,200-share open-market sale transaction.

What derivative exercises did the LivaNova (LIVN) Form 4 disclose?

The filing shows an exercise of 4,042 restricted stock units into ordinary shares at a conversion price of $0.00. These vested RSUs were settled in LivaNova ordinary shares in line with the company’s 2025 Director Incentive Award Plan and related award agreements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 06/17/2026 - 04:09 PM

SEC Form 4

FORM 4

UNITED 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^*

Bianchi Francesco

(Last)

(First)

(Middle)

20 EASTBOURNE TERRACE

(Street)

LONDON

W2 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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	06/15/2026		M		4,042	A	$0⁽¹⁾⁽²⁾	11,270	D
Ordinary Shares	06/15/2026		F		486⁽³⁾	D	$79.7	10,784	D
Ordinary Shares	06/15/2026		S		1,200	D	$80.19	9,584	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	06/15/2026		M			4,042	⁽⁴⁾	⁽⁴⁾	Ordinary Shares	4,042	$0	0	D
Restricted Stock Units	⁽²⁾	06/15/2026		A		2,383		⁽⁵⁾	⁽⁵⁾	Ordinary Shares	2,383	$0	2,383	D

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-Fact	06/17/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR