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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many ZBH shares are planned to be sold and at what value?

The filing lists 3,000 shares of Zimmer Biomet common stock with an indicated value of $295,050.30. The shares are to be sold on the NYSE, as stated in the securities information section.

How were the ZBH shares in this Form 144 acquired?

The shares came from multiple issuances by the issuer between 2019 and 2024, including dividend reinvestment transactions and restricted stock vesting granted as compensation, such as 1,145 shares on February 26, 2020 and 985 shares on February 25, 2024.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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