Zimmer Biomet (NYSE: ZBH) officer receives 1,857 RSU equity award
Rhea-AI Filing Summary
Noor Jehanzeb reported acquisition or exercise transactions in this Form 4 filing.
ZIMMER BIOMET HOLDINGS, INC. officer Noor Jehanzeb received a grant of 1,857 Restricted Stock Units, each representing a right to one share of common stock. These RSUs vest over three years in equal one-third installments starting on June 1, 2027. After this award, Jehanzeb holds 1,857 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Noor Jehanzeb
Role
See remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,857 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,857 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of Company common stock. Vests annually over three years in increments of one-third each year, commencing June 1, 2027.
Key Figures
RSUs granted: 1,857 units
RSUs after transaction: 1,857 units
RSU price: $0.0000 per unit
+3 more
6 metrics
RSUs granted
1,857 units
Restricted Stock Units granted on June 1, 2026
RSUs after transaction
1,857 units
Total Restricted Stock Units held directly after grant
RSU price
$0.0000 per unit
Reported transaction price per Restricted Stock Unit
Underlying common shares
1,857 shares
Common stock underlying granted Restricted Stock Units
Vesting start
June 1, 2027
First vesting date for the RSU award
Vesting pattern
One-third annually over 3 years
RSU vesting schedule commencing June 1, 2027
Key Terms
Restricted Stock Units, contingent right, vests annually, derivative
4 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of Company common stock."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Company common stock."
vests annually financial
"Vests annually over three years in increments of one-third each year, commencing June 1, 2027."
derivative financial
"The transaction is classified as a derivative transaction involving Restricted Stock Units."
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ZBH officer Noor Jehanzeb report on this Form 4?
Noor Jehanzeb reported receiving 1,857 Restricted Stock Units as a compensation grant. Each RSU represents a right to one share of Zimmer Biomet common stock, providing equity-based incentive aligned with shareholder interests over a multi-year vesting schedule.
How many ZBH Restricted Stock Units were granted to Noor Jehanzeb?
Jehanzeb received 1,857 Restricted Stock Units in this transaction. These RSUs are a form of stock-based compensation and, if they vest, will convert into the same number of Zimmer Biomet common shares over the defined vesting period.
What is the vesting schedule for Noor Jehanzeb’s ZBH RSU award?
The 1,857 RSUs vest annually over three years in equal one-third increments. Vesting begins on June 1, 2027, meaning portions of the award become deliverable each year, subject to continued service or other conditions in the underlying award agreement.
Does the ZBH RSU grant to Noor Jehanzeb involve any purchase price?
The RSU grant shows a per-unit price of $0.0000, reflecting that it is an equity award, not a market purchase. Shares underlying RSUs are typically delivered without additional payment if vesting conditions are satisfied under the company’s compensation plan.
How many ZBH RSUs does Noor Jehanzeb hold after this reported transaction?
Following this grant, Jehanzeb’s direct holdings total 1,857 Restricted Stock Units. These units, if fully vested according to schedule, would convert into 1,857 shares of Zimmer Biomet common stock, increasing the officer’s equity exposure to the company.
What type of security was involved in Noor Jehanzeb’s ZBH Form 4 filing?
The filing involves Restricted Stock Units, a derivative security tied to Zimmer Biomet common stock. Each RSU represents a contingent right to receive one common share, subject to the three-year vesting schedule that starts on June 1, 2027.