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ZIMV Form 4: Exec VP Heppenstall 1,057-share tax withholding

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Richard Heppenstall, Executive Vice President, Chief Financial Officer and Treasurer of ZimVie Inc. (ZIMV), had 1,057 shares of common stock withheld on 10/01/2025 at a price of $18.93 to satisfy tax withholding on vested restricted stock units. After the withholding, he beneficially owned 125,389 shares. The Form 4 was signed on behalf of Mr. Heppenstall by an attorney-in-fact on 10/03/2025. The filing lists the transaction code F and states the withholding was for taxes; no other transactions or derivative activity are reported.

Positive

  • Transaction is a tax-withholding on vested restricted stock units, a routine administrative action
  • Post-transaction beneficial ownership remains at 125,389 shares, indicating continued substantial holding

Negative

  • Disposition of 1,057 shares on 10/01/2025 at $18.93 reduced reported holdings
  • Form filed by attorney-in-fact rather than the reporting person, which may limit direct commentary

Insights

Insider withholding of vested RSUs for taxes reduced holdings by 1,057 shares.

This Form 4 records a routine tax-withholding disposition tied to the vesting of restricted stock units. The reported 1,057 shares were withheld at $18.93 on 10/01/2025, using transaction code F, which the issuer explains in the filing.

Such withholdings are common and do not indicate voluntary open-market sales or a change in control; Mr. Heppenstall still beneficially owns 125,389 shares directly. The entry was executed by an attorney-in-fact and the Form 4 identifies no derivative transactions or other dispositions.

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).
1. Name and Address of Reporting Person*
Heppenstall Richard

(Last) (First) (Middle)
4555 RIVERSIDE DRIVE

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZimVie Inc. [ ZIMV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. VP, CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 10/01/2025 F 1,057(1) D $18.93 125,389 D
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
Explanation of Responses:
1. Represents shares withheld by ZimVie Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
/s/ Heather Kidwell, Attorney-in-Fact for Richard Heppenstall 10/03/2025
** 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.

FAQ

What did ZIMV insider Richard Heppenstall report on Form 4?

He reported withholding of 1,057 shares to satisfy tax obligations on vested restricted stock units, executed on 10/01/2025 at $18.93.

How many ZIMV shares does Richard Heppenstall beneficially own after the transaction?

The Form 4 shows he beneficially owns 125,389 shares following the withholding.

Was the Form 4 transaction a sale or a tax withholding for ZIMV?

The filing characterizes the transaction as a tax withholding related to RSU vesting, not an open-market sale.

When was the Form 4 for ZIMV signed and filed?

The signature on the form is dated 10/03/2025, with the transaction date listed as 10/01/2025.

Does the Form 4 report any derivative transactions for ZIMV?

No. Table II in the filing contains no derivative securities; only a non-derivative withholding is reported.
ZIMVIE INC

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PALM BEACH GARDEN