Zimmer Biomet (ZBH) director awarded 389 Phantom Stock Units in deferred pay plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilado Maria Teresa reported acquisition or exercise transactions in this Form 4 filing.
ZIMMER BIOMET HOLDINGS, INC. director Maria Teresa Hilado received a grant of 389.498 Phantom Stock Units. These units track the value of Zimmer Biomet common stock on a 1-for-1 basis but are settled in cash, not shares.
The units were accrued under the company’s Deferred Compensation Plan for Non-Employee Directors. Following this award, Hilado now holds a total of 12,983.867 Phantom Stock Units. Settlement is scheduled in ten annual cash installments after her service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hilado Maria Teresa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 389.498 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 12,983.867 shares (Direct, null)
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 cash in ten annual installments commencing within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs.
Key Figures
Phantom Stock Units granted: 389.498 units
Total Phantom Stock Units after grant: 12,983.867 units
Grant price per unit: $0.0000 per unit
+2 more
5 metrics
Phantom Stock Units granted
389.498 units
Grant to director Maria Teresa Hilado on 2026-06-30
Total Phantom Stock Units after grant
12,983.867 units
Hilado’s phantom balance following the award
Grant price per unit
$0.0000 per unit
Compensation-related award, no purchase price paid
Settlement structure
10 annual installments
Cash payments after end of director service
Conversion ratio
1-for-1
Each Phantom Stock Unit tracks one common share’s value
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Non-Employee Directors, 1-for-1, ten annual installments
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."
1-for-1 financial
"The Conversion or Exercise Price of Derivative Security is 1-for-1."
ten annual installments financial
"Units are to be settled in cash in ten annual installments commencing within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs."
FAQ
What did Zimmer Biomet (ZBH) disclose about Maria Teresa Hilado’s latest Form 4?
Zimmer Biomet reported that director Maria Teresa Hilado received 389.498 Phantom Stock Units. These were accrued under the Deferred Compensation Plan for Non-Employee Directors and increase her total phantom holdings to 12,983.867 units linked to the company’s common stock value.
How many Phantom Stock Units did ZBH director Maria Teresa Hilado receive?
Maria Teresa Hilado received 389.498 Phantom Stock Units tied to Zimmer Biomet common stock. This award adds to her existing deferred balance, bringing her total phantom holdings to 12,983.867 units under the company’s non-employee director deferred compensation plan.
What are Phantom Stock Units in Zimmer Biomet’s (ZBH) director compensation?
Zimmer Biomet’s Phantom Stock Units are cash-settled awards that mirror the value of one share of common stock. Directors accrue these units under a Deferred Compensation Plan, receiving cash payments based on share value rather than actual stock delivery.
How and when will Maria Teresa Hilado’s Zimmer Biomet Phantom Stock Units be settled?
Hilado’s Phantom Stock Units will be settled in cash in ten annual installments. Payments begin within sixty days after the end of the calendar year in which her service as a Zimmer Biomet director ceases, spreading the benefit over a long post-service period.