Zimmer Biomet officer plans $295K stock sale
Officer-level holder of ZBH common stock has filed a Rule 144 notice to sell 3,000 shares valued at about $295,000 through a broker.
Rhea-AI Filing Summary
ZIMMER BIOMET HOLDINGS, INC. (ZBH) is the issuer for a planned sale of restricted securities reported under Rule 144 on behalf of officer Chad F. Phipps. The notice covers 3,000 shares of common stock, with an indicated value of $295,050.30, to be sold through Fidelity Brokerage Services LLC on the NYSE on September 4, 2026.
The shares originated from multiple issuances by the company between 2019 and 2024, including dividend reinvestments and restricted stock vesting granted as compensation.
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Key Figures
Shares to be sold: 3,000 shares
Aggregate market value: $295,050.30
Planned sale date: September 4, 2026
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5 metrics
Shares to be sold
3,000 shares
Common stock to be sold under Rule 144 through Fidelity Brokerage Services LLC
Aggregate market value
$295,050.30
Value associated with the 3,000 ZBH common shares listed for sale
Planned sale date
September 4, 2026
Date listed for the NYSE sale of the 3,000 shares
Dividend reinvestment acquisition example
76 shares
Acquired via dividend reinvestment from issuer on April 26, 2023
Restricted stock vesting 2024
985 shares
Restricted stock vesting from issuer on February 25, 2024 as compensation
Key Terms
Rule 144, Dividend Reinvestment, Restricted Stock Vesting, Compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Dividend Reinvestment financial
"Common | 10/29/2019 | Dividend Reinvestment | Issuer"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Restricted Stock Vesting financial
"Common | 02/26/2020 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Compensation financial
"02/26/2020 | Restricted Stock Vesting | Issuer | | | 1145 | 02/26/2020 | Compensation"
FAQ
What does the Form 144 filing disclose for ZBH?
It discloses a planned Rule 144 sale of 3,000 shares of Zimmer Biomet Holdings, Inc. common stock, with an indicated value of $295,050.30, to be sold on the NYSE on September 4, 2026 through Fidelity Brokerage Services LLC.
Who is the security holder in the ZBH Form 144 notice?
The notice is filed for the account of Chad F. Phipps, identified as an officer of Zimmer Biomet Holdings, Inc., with Fidelity Brokerage Services LLC acting as the broker and attorney-in-fact signing on his behalf.
What role does Fidelity Brokerage Services LLC play in the ZBH Form 144?
Fidelity Brokerage Services LLC is listed as the broker for the planned sale of 3,000 ZBH common shares and signed the notice on September 4, 2026 via Daniel Tucci as a duly authorized representative and attorney-in-fact for Chad Phipps.
AI-generated analysis. How Rhea-AI works. Not financial advice.