Zimmer Biomet director granted phantom stock units

Shapiro Louis reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Shapiro Louis reported acquisition or exercise transactions in this Form 4 filing.

ZIMMER BIOMET HOLDINGS, INC. director Louis Shapiro reported receiving a grant of phantom stock units as part of his non-employee director compensation. He was awarded 158.684 phantom stock units tied to company common stock on a 1-for-1 basis, bringing his total phantom stock holdings to 3,703.100 units. These units were accrued under the company’s Deferred Compensation Plan for Non-Employee Directors and will be settled in shares of Zimmer Biomet common stock within sixty days after he ceases serving as a director.

Insider Trade Summary

Grant/Award: 158.684 shares

Grant/Award 1 txn

Insider Shapiro Louis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	158.684	$0.00	$0.00

Holdings After Transaction: Phantom Stock Units — 3,703.1 contracts (Direct)

Footnotes (3)

1. F1. The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.
2. F2. The Conversion or Exercise Price of Derivative Security is 1-for-1.
3. F3. 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.

Key Figures

Phantom stock units granted: 158.684 units Total phantom stock units after grant: 3,703.100 units Conversion ratio: 1-for-1 +1 more

4 metrics

Phantom stock units granted 158.684 units Award under Deferred Compensation Plan for Non-Employee Directors

Total phantom stock units after grant 3,703.100 units Holdings following the reported transaction

Conversion ratio 1-for-1 Each phantom stock unit converts into one share of common stock

Settlement timing within sixty days After cessation of service as a director

Key Terms

Phantom Stock Units, Deferred Compensation Plan for Non-Employee Directors, 1-for-1, 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."

1-for-1 financial

"The Conversion or Exercise Price of Derivative Security is 1-for-1."

settled in shares of Company common stock financial

"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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Zimmer Biomet (ZBH) director Louis Shapiro report on this Form 4?

Director Louis Shapiro reported a compensation-related award of 158.684 phantom stock units. These units are tied to Zimmer Biomet common stock and increase his total phantom stock position to 3,703.100 units under the company’s non-employee director deferred compensation plan.

Is Louis Shapiro buying or selling Zimmer Biomet (ZBH) stock in this filing?

No open-market buying or selling occurred. The Form 4 reflects a grant of phantom stock units as director compensation, not a purchase or sale. The units will convert into Zimmer Biomet common shares in the future, after his board service ends.

How many phantom stock units does Louis Shapiro hold after this Zimmer Biomet (ZBH) grant?

After receiving 158.684 additional phantom stock units, Louis Shapiro now holds 3,703.100 phantom stock units. These units are tied 1-for-1 to Zimmer Biomet common stock and are scheduled to be settled in shares following his cessation of service as a director.

How are Louis Shapiro’s phantom stock units in Zimmer Biomet (ZBH) settled?

The phantom stock units are settled in shares of Zimmer Biomet common stock. Settlement occurs within sixty days after Louis Shapiro stops serving as a director, with each phantom unit converting into one share of common stock under the plan’s 1-for-1 structure.

What plan governs the phantom stock units reported by Louis Shapiro at Zimmer Biomet (ZBH)?

The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors. This plan grants phantom units as part of director compensation, which later settle in company common stock under a 1-for-1 conversion ratio after service ends.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:20 PM EDT Learn about SEC filing dates

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^*

Shapiro Louis

(Last) (First) (Middle)

345 E. MAIN STREET

(Street)

WARSAW INDIANA 46580

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ZIMMER BIOMET HOLDINGS, INC. [ ZBH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units(1)	$86.65(2)	06/30/2026		A		158.684		(3)	(3)	Common Stock	158.684	$0	3,703.1	D

Explanation of Responses:

1. The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.

2. The Conversion or Exercise Price of Derivative Security is 1-for-1.

3. 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.

	/s/ Matthew R. St. Louis, Attorney-in-Fact for Louis Shapiro (power of attorney previously filed)	07/02/2026
	** 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)