ZIMV insider reports $19 merger conversion; 40,794 shares disposed
Rhea-AI Filing Summary
ZimVie Inc. (ZIMV) reported an insider transaction tied to its merger. On October 20, 2025, the company completed a merger under which each share of common stock was converted into the right to receive $19.00 in cash. In this Form 4, Chief Accounting Officer Sandra Schneider reported the disposition of 40,794 shares of common stock and now holds 0 shares.
All outstanding restricted stock units vested at the effective time and were canceled for cash based on the same $19.00 per-share consideration. Schneider’s 49,956 RSUs were settled in cash and now total 0 derivative securities. Following the merger, ZimVie became a wholly owned subsidiary of Zamboni Parent Inc.
Positive
- None.
Negative
- None.
Insights
Officer’s shares and RSUs cashed out at $19 upon merger close.
The filing records a standard merger cash-out. Each ZimVie common share converted to $19.00 at the effective time on October 20, 2025. The reporting officer disposed of 40,794 common shares and now holds 0, reflecting the merger closing mechanics.
Equity awards were treated per the merger terms: all outstanding RSUs vested and were canceled for cash using the same per-share price. The officer’s 49,956 RSUs settled in cash, reducing derivative holdings to 0.
This is administrative from a market perspective; it confirms the merger consideration and the post-close status as a wholly owned subsidiary of Zamboni Parent Inc. Actual market impact is tied to the merger terms already announced.
FAQ
What did ZIMV disclose in this Form 4?
How many ZIMV common shares were disposed of by the reporting person?
What happened to ZIMV restricted stock units (RSUs) in this filing?
Who is the reporting person and what is their role at ZIMV?
What structural change occurred to ZIMV at closing?