ZIMV Form 4: Exec VP Heppenstall 1,057-share tax withholding
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,057 | $18.93 | $20K |
Footnotes (1)
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