LivaNova (LIVN) director logs RSU vesting, tax withholding and new 2027 grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LivaNova PLC director Donald Zurbay reported routine equity compensation activity involving restricted stock units (RSUs). On June 15, 2026, vested RSUs were settled into 2,560 ordinary shares under the company’s 2025 Director Incentive Award Plan. To cover tax obligations, 308 ordinary shares were withheld at $79.70 per share, leaving Zurbay with 2,252 ordinary shares directly held after the transactions. He also received a new grant of 2,383 RSUs that each represent a right to receive one ordinary share and are scheduled to vest on June 15, 2027, subject to continued service.

Insider Trade Summary

2,560 shares exercised/converted

Mixed 4 txns

Insider Zurbay Donald

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,560	$0.00	--
Grant/Award	Restricted Stock Units	2,383	$0.00	--
Exercise	Ordinary Shares	2,560	$0.00	--
Tax Withholding	Ordinary Shares	308	$79.70	$25K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Ordinary Shares — 2,560 shares (Direct, null)

Footnotes (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 September 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.

Key Figures

Shares from vested RSUs: 2,560 shares Shares withheld for taxes: 308 shares at $79.70 Shares held after transactions: 2,252 shares +3 more

6 metrics

Shares from vested RSUs 2,560 shares Ordinary shares received on June 15, 2026 from RSU settlement

Shares withheld for taxes 308 shares at $79.70 Ordinary shares withheld to satisfy tax liability on June 15, 2026

Shares held after transactions 2,252 shares Directly held ordinary shares following June 15, 2026 activity

New RSU grant 2,383 RSUs Restricted stock units granted under 2025 Director Incentive Award Plan

RSU vesting date June 15, 2027 Vesting date for 2,383 RSUs subject to continued service

Exercise/settlement date June 15, 2026 Date vested RSUs were settled into ordinary shares

Key Terms

Restricted Stock Units, 2025 Director Incentive Award Plan, tax liability, contingent right, +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."

contingent right financial

"Each RSU represents a contingent right to receive one ordinary share of the Company"

vest financial

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

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.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 04:08 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^*

Zurbay Donald

(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		2,560	A	$0⁽¹⁾⁽²⁾	2,560	D
Ordinary Shares	06/15/2026		F		308⁽³⁾	D	$79.7	2,252	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			2,560	⁽⁴⁾	⁽⁴⁾	Ordinary Shares	2,560	$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 September 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

FAQ

What insider transactions did LivaNova (LIVN) director Donald Zurbay report?

Donald Zurbay reported routine equity compensation activity, including RSUs vesting into 2,560 ordinary shares and a new grant of 2,383 RSUs. A portion of the vested shares was withheld to satisfy tax obligations, leaving him with 2,252 ordinary shares directly held afterward.

How many LivaNova (LIVN) shares were withheld for Donald Zurbay’s taxes?

A total of 308 LivaNova ordinary shares were withheld from Donald Zurbay to satisfy tax liability. These withholding shares were valued at $79.70 per share, reducing the net shares he received from vested RSUs while not representing an open-market sale transaction.

How many LivaNova (LIVN) shares does Donald Zurbay hold after these Form 4 transactions?

Following the reported transactions, Donald Zurbay directly holds 2,252 LivaNova ordinary shares. This figure reflects settlement of vested RSUs into shares and the withholding of 308 shares for taxes, as reported in the non-derivative transaction table on the Form 4.

What RSU grant did LivaNova (LIVN) director Donald Zurbay receive under the 2025 Plan?

Donald Zurbay received a grant of 2,383 restricted stock units under LivaNova’s 2025 Director Incentive Award Plan. Each RSU represents a contingent right to receive one ordinary share, with these units scheduled to vest on June 15, 2027, subject to continued service conditions.

When do Donald Zurbay’s newly granted LivaNova (LIVN) RSUs vest?

The newly granted 2,383 RSUs to Donald Zurbay are scheduled to vest on June 15, 2027. Vesting is subject to his continued service and the terms of the 2025 Director Incentive Award Plan and its related award agreement governing director equity awards.