Nygaard-Andersen Jette 4
Research Summary
AI-generated summary
LivaNova (LIVN) Director Jette Nygaard-Andersen Receives Award
What Happened
- Jette Nygaard-Andersen, a director of LivaNova PLC (LIVN), received a grant of 2,383 restricted stock units (RSUs) on June 15, 2026. The grant was reported as an award (transaction code A) with $0 cash paid at grant; the filing treats these as a derivative award (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
- Securities: 2,383 RSUs; Price per share at grant reported as $0.00; total cash consideration $0 (derivative award).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — each RSU represents a contingent right to one ordinary share under the 2025 Director Incentive Award Plan and award agreement; F2 — the RSUs vest on June 15, 2027, subject to continued service and plan terms.
- Filing timeliness: filing appears timely (filed within the usual 2-business-day window).
Context
- RSUs are compensation awards that convert into ordinary shares upon vesting; this grant reflects director compensation rather than a market buy or sell. The RSUs vest on June 15, 2027 if service conditions are met, at which point the director would receive shares (or otherwise satisfy tax-withholding per plan terms). This type of award is common for non-employee directors and does not by itself indicate a purchase-driven bullish signal.