Zimmer Biomet (NYSE: ZBH) exec vests 6,626 RSUs; 1,677 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zimmer Biomet Holdings executive Noor Jehanzeb reported the vesting and exercise of 6,626 restricted stock units (RSUs) into the same number of shares of common stock on April 1, 2026. Each RSU represents a contingent right to receive one share of Zimmer Biomet common stock.
To cover tax obligations on this vesting, 1,677 shares of common stock were withheld by the company at a value of $90.67 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Jehanzeb directly holds 5,151 shares of common stock, which include 202 shares previously acquired under the Employee Stock Purchase Plan, and 13,249 RSUs that continue to vest, with one-third vesting on April 1, 2026 and the remaining RSUs vesting in two equal installments on April 1, 2027 and April 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,626 shares exercised/converted
Mixed
3 txns
Insider
Noor Jehanzeb
Role
See remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,626 | $0.00 | -- |
| Exercise | Common Stock | 6,626 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,677 | $90.67 | $152K |
Holdings After Transaction:
Restricted Stock Units — 13,249 shares (Direct);
Common Stock — 6,828 shares (Direct)
Footnotes (1)
- Includes 202 shares acquired under the Employee Stock Purchase Plan on December 31, 2025. Represents shares withheld by Zimmer Biomet Holdings, Inc. (the "Company") to satisfy tax withholding on the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Company common stock. One-third of the RSUs vested on April 1, 2026. The remaining RSUs vest one-half on each of April 1, 2027 and April 1, 2028.
Key Figures
RSUs vested and exercised: 6,626 units/shares
Shares withheld for taxes: 1,677 shares
Tax withholding share value: $90.67 per share
+3 more
6 metrics
RSUs vested and exercised
6,626 units/shares
RSUs converted to common stock on April 1, 2026
Shares withheld for taxes
1,677 shares
Withheld at $90.67 per share to satisfy tax obligations
Tax withholding share value
$90.67 per share
Value applied to 1,677 withheld shares
Common stock held after transactions
5,151 shares
Direct holdings including 202 ESPP shares
Remaining RSUs outstanding
13,249 RSUs
Unvested RSUs subject to future vesting dates
ESPP shares included
202 shares
Acquired under Employee Stock Purchase Plan on December 31, 2025
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax withholding, contingent right, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 202 shares acquired under the Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding financial
"shares withheld ... to satisfy tax withholding on the vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
contingent right financial
"Each RSU represents a contingent right to receive one share"
restricted stock units ("RSUs") financial
"the vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
FAQ
What did Noor Jehanzeb report in the latest Form 4 for ZBH?
Noor Jehanzeb reported the vesting and exercise of 6,626 restricted stock units into the same number of Zimmer Biomet common shares. A portion of those shares was withheld by the company to satisfy tax obligations related to the RSU vesting event.
How many ZBH restricted stock units vested for Noor Jehanzeb?
A total of 6,626 restricted stock units vested and were converted into 6,626 shares of Zimmer Biomet common stock. These RSUs are part of a multi-year vesting schedule, with remaining units vesting in future installments through April 1, 2028.
What is the vesting schedule for Noor Jehanzeb’s remaining ZBH RSUs?
One-third of the RSUs vested on April 1, 2026, and the remaining RSUs vest in two equal tranches on April 1, 2027 and April 1, 2028. Each restricted stock unit represents a contingent right to receive one share of Zimmer Biomet common stock upon vesting.