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VIEMED HEALTHCARE, INC.·4

Feb 2, 5:34 PM ET

ZEHNDER WILLIAM TODD 4

Research Summary

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Viemed (VMD) COO William Zehnder Exercises Awards, Sells Shares

What Happened

  • William Todd Zehnder, COO of Viemed Healthcare (VMD), had restricted stock units and phantom share awards vest on Jan 29, 2026. The filing shows conversion/settlement of 26,842 RSU-equivalent shares and 8,948 phantom shares.
  • To satisfy tax withholding and cash settlement, 11,368 shares were withheld by the issuer for taxes (11,368 shares × $7.48 = $85,033) and 8,948 shares were surrendered to the issuer for cash settlement (8,948 × $7.48 = $66,931). Combined, 20,316 shares were withheld/surrendered for a total of $151,964.
  • These were not open-market purchases; they are routine vesting/settlement transactions (not a bullish purchase).

Key Details

  • Transaction date: January 29, 2026; Form 4 filed February 2, 2026.
  • Price used for value: $7.48 per share (market close on Jan 29, 2026).
  • Shares surrendered/withheld: 11,368 shares withheld for taxes; 8,948 shares surrendered to the issuer for cash settlement. Total 20,316 shares; proceeds reported ~$151,964.
  • Derivative activity: Multiple "M" (exercise/conversion of derivative) entries reflect conversion/settlement of RSUs and phantom share units; some derivative entries show $0 because they represent settlement/cancellation rather than a cash exercise.
  • Notable footnotes from the filing:
    • RSUs represent rights to receive one common share (F1); certain RSUs were granted Jan 29, 2024 and vest in three equal annual installments (F5).
    • Shares were withheld to satisfy tax obligations (F2).
    • Phantom share awards are cash-settled equivalents of common shares; their settlement is reported as acquisition of underlying shares and simultaneous disposition of those shares for cash (F4, F6).
  • Shares owned after the transaction: not specified in the provided filing details.

Context

  • This was a vesting and cash-settlement event, not a purchase of stock. The transactions are routine for executives receiving equity compensation: some shares are withheld to cover taxes and some shares are surrendered to settle cash-settled phantom units.
  • No indication in the filing of an open-market sale or a 10% owner transaction; the activity reflects compensation settlement rather than a voluntary sale.