LivaNova (LIVN) officer vests RSUs as 1,032 shares withheld for tax

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LivaNova PLC Chief Innovation Officer Ahmet Tezel reported routine equity compensation activity. On June 15, 2026, 2,965 restricted stock units vested and were settled in ordinary shares under the company’s incentive plan. To cover tax liability, 1,032 of these shares were withheld, a non-market disposition.

After these transactions, Tezel directly holds 6,090 ordinary shares and 5,931 unvested restricted stock units that remain subject to future vesting and forfeiture conditions. The filing reflects compensation-related equity vesting rather than open-market buying or selling.

Insider Trade Summary

2,965 shares exercised/converted

Mixed 3 txns

Insider Tezel Ahmet

Role Chief Innovation Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,965	$0.00	--
Exercise	Ordinary Shares	2,965	$0.00	--
Tax Withholding	Ordinary Shares	1,032	$79.70	$82K

Holdings After Transaction: Restricted Stock Units — 5,931 shares (Direct, null); Ordinary Shares — 7,122 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 Amended and Restated LivaNova PLC 2022 Incentive Award Plan (the Plan) and the award agreement. Shares withheld to satisfy tax liability. On June 15, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the second vesting having occurred on June 15, 2026. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.

Key Figures

RSUs vested: 2,965 units Shares withheld for taxes: 1,032 shares Tax withholding price: $79.70 per share +2 more

5 metrics

RSUs vested 2,965 units Restricted stock units settled into ordinary shares on June 15, 2026

Shares withheld for taxes 1,032 shares Withheld to satisfy tax liability related to RSU vesting

Tax withholding price $79.70 per share Valuation used for 1,032 withheld shares

Shares held after transaction 6,090 shares Direct ordinary share holdings following reported transactions

RSUs remaining 5,931 units Restricted stock units remaining subject to future vesting and forfeiture

Key Terms

Restricted Stock Units, tax liability, derivative security, Amended and Restated LivaNova PLC 2022 Incentive Award Plan, +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.

tax liability financial

"Shares withheld to satisfy tax liability."

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Amended and Restated LivaNova PLC 2022 Incentive Award Plan financial

"in accordance with the terms of the Amended and Restated LivaNova PLC 2022 Incentive Award Plan (the Plan)"

vesting financial

"granted RSUs subject to a four-year vesting in equal annual installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Tezel Ahmet

(Last)

(First)

(Middle)

20 EASTBOURNE TERRACE

(Street)

LONDON

W2 6LA

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Innovation Officer

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		2,965	A	$0⁽¹⁾⁽²⁾	7,122	D
Ordinary Shares	06/15/2026		F		1,032⁽³⁾	D	$79.7	6,090	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			2,965	⁽⁴⁾	⁽⁴⁾	Ordinary Shares	2,965	$0	5,931	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 Amended and Restated LivaNova PLC 2022 Incentive Award Plan (the Plan) and the award agreement.

3. Shares withheld to satisfy tax liability.

4. On June 15, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the second vesting having occurred on June 15, 2026. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the 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) report for Ahmet Tezel?

LivaNova reported that Chief Innovation Officer Ahmet Tezel had 2,965 restricted stock units vest into ordinary shares and 1,032 of those shares were withheld to satisfy tax obligations, a standard equity compensation and tax-settlement event rather than an open-market trade.

Did Ahmet Tezel buy or sell LivaNova (LIVN) shares on the open market?

The Form 4 does not show any open-market purchases or sales. It records RSU vesting into 2,965 ordinary shares and a tax-withholding disposition of 1,032 shares, where shares were withheld by the company to cover taxes instead of being sold in the market.

How many LivaNova (LIVN) shares does Ahmet Tezel hold after this Form 4?

Following the reported transactions, Ahmet Tezel directly holds 6,090 ordinary shares of LivaNova. This figure reflects his position after RSU vesting and tax withholding, as disclosed in the Form 4’s post-transaction ownership column for non-derivative securities.

What happens to the remaining LivaNova (LIVN) RSUs held by Ahmet Tezel?

After 2,965 RSUs vested, 5,931 restricted stock units remain outstanding for Ahmet Tezel. These RSUs are subject to a four-year vesting schedule in equal annual installments and can be forfeited if conditions under the incentive plan and award agreement are not met.

At what price were shares used to satisfy Ahmet Tezel’s LivaNova (LIVN) tax liability?

The tax-withholding disposition for Ahmet Tezel used a price of $79.70 per ordinary share. A total of 1,032 shares were withheld at this price to satisfy his tax liability related to the vesting and settlement of restricted stock units into ordinary shares.