Zimmer Biomet (NYSE: ZBH) executive vests 2,785 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zimmer Biomet Holdings executive Yi Sang reported an equity award vesting and conversion. On February 25, 2026, 2,785 restricted stock units were exercised and converted into 2,785 shares of common stock at a stated price of $0.00 per share.
Following these transactions, Yi Sang directly held 5,567 restricted stock units and 22,837 shares of common stock. According to the vesting schedule, one-third of the RSUs vested on February 25, 2026, with the remaining units vesting one-half on each of February 25, 2027 and February 25, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,785 shares exercised/converted
Mixed
2 txns
Insider
Yi Sang
Role
Group President, Asia Pacific
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,785 | $0.00 | -- |
| Exercise | Common Stock | 2,785 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,567 shares (Direct);
Common Stock — 22,837 shares (Direct)
Footnotes (1)
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FAQ
What did Yi Sang report in this Zimmer Biomet (ZBH) Form 4 filing?
Yi Sang reported the vesting and conversion of an equity award. On February 25, 2026, 2,785 restricted stock units were exercised and turned into 2,785 shares of Zimmer Biomet common stock, reflecting compensation rather than an open-market share purchase or sale.
How many Zimmer Biomet RSUs vested for Yi Sang on February 25, 2026?
On February 25, 2026, 2,785 restricted stock units vested for Yi Sang. These RSUs were exercised and converted into an equal number of Zimmer Biomet common shares, as part of a multi-year vesting schedule tied to his role as Group President, Asia Pacific.
What is the vesting schedule for Yi Sang’s Zimmer Biomet restricted stock units?
The RSUs vest over three years. One-third vested on February 25, 2026. The remaining RSUs vest in two equal installments, with one-half vesting on February 25, 2027 and the final half vesting on February 25, 2028, subject to continued service terms.
What transaction code appears in Yi Sang’s Zimmer Biomet Form 4 and what does it mean?
The Form 4 uses transaction code M, described as an exercise or conversion of a derivative security. This indicates restricted stock units were converted into common shares, highlighting equity award vesting rather than discretionary buying or selling in the public market.