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.
FAQ
What did ZIMV insider Richard Heppenstall report on Form 4?
How many ZIMV shares does Richard Heppenstall beneficially own after the transaction?
Was the Form 4 transaction a sale or a tax withholding for ZIMV?
When was the Form 4 for ZIMV signed and filed?
Does the Form 4 report any derivative transactions for ZIMV?