Zimmer Biomet (NYSE: ZBH) director adds 182 phantom stock units to deferred holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jafry Syed A. reported acquisition or exercise transactions in this Form 4 filing.
Zimmer Biomet Holdings director Syed A. Jafry received 182.421 phantom stock units as a compensation award. These units were granted under the Zimmer Biomet Deferred Compensation Plan for Non-Employee Directors and are convertible into an equal number of common shares on a 1-for-1 basis. Following this award, Jafry holds a total of 7,391.591 phantom stock units, which are to be settled in company common stock within sixty days after his service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jafry Syed A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 182.421 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 7,391.591 shares (Direct)
Footnotes (1)
- The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors. The Conversion or Exercise Price of Derivative Security is 1-for-1. Units are to be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director. Includes 18.122 phantom stock units accrued on July 31, 2025, 17.223 phantom stock units accrued on October 31, 2025, and 20.035 phantom stock units accrued January 30, 2026 under the dividend reinvestment provision of the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.
Key Figures
Phantom units granted: 182.421 units
Total phantom units held: 7,391.591 units
Conversion ratio: 1-for-1
+1 more
4 metrics
Phantom units granted
182.421 units
Grant of phantom stock units on March 31, 2026
Total phantom units held
7,391.591 units
Director’s holdings following reported grant
Conversion ratio
1-for-1
Each phantom unit converts into one share of common stock
Dividend reinvestment accruals
55.380 units
18.122 + 17.223 + 20.035 units from 2025–2026 dividend reinvestment
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Non-Employee Directors, dividend reinvestment provision, settled in shares of Company common stock
4 terms
Phantom Stock Units financial
"The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan for Non-Employee Directors financial
"The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors."
dividend reinvestment provision financial
"Includes 18.122 phantom stock units ... under the dividend reinvestment provision of the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors."
A dividend reinvestment provision is a company policy that lets shareholders automatically use their cash dividends to buy more shares instead of receiving money. Think of it like a subscription that turns each payday into buying an extra slice of the same pie; it helps investors compound their holdings over time, often with lower transaction costs and sometimes at a small discount, which can boost long‑term returns and subtly change ownership percentages.
FAQ
What did ZIMMER BIOMET (ZBH) director Syed A. Jafry report on this Form 4?
Director Syed A. Jafry reported receiving 182.421 phantom stock units as a compensation award. These units were granted under Zimmer Biomet’s Deferred Compensation Plan for Non-Employee Directors and convert 1-for-1 into common stock after his board service ends.
How many phantom stock units does Syed A. Jafry hold in ZIMMER BIOMET (ZBH) after this transaction?
After this grant, Syed A. Jafry holds 7,391.591 phantom stock units. These will be settled in shares of Zimmer Biomet common stock within sixty days after his service as a director ceases, reflecting his accumulated deferred director compensation awards.
What are the key terms of the phantom stock units granted to the ZIMMER BIOMET (ZBH) director?
The 182.421 phantom stock units convert into Zimmer Biomet common stock on a 1-for-1 basis. They are issued at a stated price of $0.0000 and will be settled in actual shares within sixty days after the director’s board service ends, per plan terms.
Under which plan were the phantom stock units for ZIMMER BIOMET (ZBH) director granted?
The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors. This plan allows directors to receive deferred compensation in phantom units that mirror company stock and are later settled in actual common shares.
When will the ZIMMER BIOMET (ZBH) phantom stock units held by the director be settled?
The phantom stock units are scheduled to be settled in shares of Zimmer Biomet common stock within sixty days after the director’s service on the board ends. Settlement timing is therefore tied directly to the cessation of his role as a non-employee director.
What additional phantom stock units were previously accrued for the ZIMMER BIOMET (ZBH) director?
His holdings include 18.122 units from July 31, 2025, 17.223 units from October 31, 2025, and 20.035 units from January 30, 2026. These were accrued under the plan’s dividend reinvestment provision, which credits additional phantom units instead of paying cash dividends.