LivaNova PLC·4

Jun 17, 4:08 PM ET

Enxing Seng Stacy 4

4 · LivaNova PLC · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

LivaNova (LIVN) Director Enxing Seng Stacy Receives Shares via RSU Vest

What Happened

  • Enxing Seng Stacy, a director of LivaNova PLC, had 4,042 restricted stock units (RSUs) vest on June 15, 2026 and those RSUs were converted into ordinary shares. Of those, 486 shares were withheld to satisfy tax withholding (value reported at $79.70/share, or $38,734). Net shares received from the vesting = 4,042 − 486 = 3,556 shares. On the same date she was also granted 2,383 RSUs (a new award under the Company’s 2025 Director Incentive Award Plan) that vest in the future per the award terms.
  • This was an RSU vesting/settlement and routine tax withholding — not an open-market purchase or sale of shares for investment sentiment.

Key Details

  • Transaction date(s): June 15, 2026; Form 4 filed June 17, 2026 (timely).
  • Codes: M = exercise/conversion of derivative (RSU conversion to shares); F = shares withheld for tax liability; A = grant/award of RSUs.
  • Price used for tax withholding: $79.70 per share; tax withholding total = $38,734 (486 shares).
  • Shares acquired on vesting: 4,042 ordinary shares; shares withheld/disposed for taxes: 486; net shares issued to the insider: 3,556.
  • New RSU grant: 2,383 RSUs granted under the 2025 Plan; per footnote these RSUs vest on June 15, 2027 subject to continued service and plan terms.
  • Filing notes: RSUs represent contingent rights to one ordinary share each; withholding to satisfy taxes is routine. The filing does not list total shares owned after the transaction in the provided excerpt.

Context

  • This was a stock-settlement of vested RSUs (derivative conversion), followed by shares withheld to cover tax obligations — a common, routine insider event and not a market sale. No 10% owner or 10b5-1 plan was indicated in the provided details.

Insider Transaction Report

Form 4
Period: 2026-06-15
Transactions
  • Exercise/Conversion

    Ordinary Shares

    [F1][F2]
    2026-06-15+4,04215,793 total
  • Tax Payment

    Ordinary Shares

    [F3]
    2026-06-15$79.70/sh486$38,73415,307 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F4]
    2026-06-154,0420 total
    Ordinary Shares (4,042 underlying)
  • Award

    Restricted Stock Units

    [F2][F5]
    2026-06-15+2,3832,383 total
    Ordinary Shares (2,383 underlying)
Footnotes (5)
  • [F1]Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), 1.00 GBP par value.
  • [F2]Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2025 Director Incentive Award Plan (the 2025 Plan) and the 2025 Plan award agreement.
  • [F3]Shares withheld to satisfy tax liability.
  • [F4]RSUs granted under the 2025 Plan on June 15, 2025 that vested on June 15, 2026.
  • [F5]The RSUs, granted under the 2025 Plan, vest on June 15, 2027, subject to continued service during the vesting period and the terms of the 2025 Plan award agreement.
Signature
/s/ Sarah K. Mohr, Attorney-in-Fact|2026-06-17

Documents

1 file
  • 4
    wk-form4_1781726934.xmlPrimary

    FORM 4