LivaNova PLC·4

Jun 17, 4:08 PM ET

Enxing Seng Stacy 4

Research Summary

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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.