Tezel Ahmet 4

What Happened

Tezel Ahmet, Chief Innovation Officer of LivaNova PLC, had 2,965 restricted stock units (RSUs) vest and converted into ordinary shares on June 15, 2026. Of those shares, 1,032 were withheld/sold to satisfy tax withholding at $79.70 per share, generating approximately $82,250. The RSU settlement is recorded as an exercise/conversion of a derivative (transaction code M) and the withholding as a disposition for tax purposes (transaction code F).

Key Details

• Transaction date: June 15, 2026; Form filed June 17, 2026 (filing appears timely).
• RSUs converted/exercised: 2,965 shares at $0.00 (acquisition via vesting/settlement).
• Shares withheld for taxes: 1,032 shares disposed at $79.70 each, total ≈ $82,250.
• Footnotes:
  • F1/F2 — Vested RSUs were settled in ordinary shares; each RSU equals one share.
  • F3 — Shares were withheld to satisfy tax liability.
  • F4 — RSUs were originally granted June 15, 2024 with four-year annual vesting; the second tranche vested June 15, 2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These transactions reflect routine RSU vesting and tax withholding, not an open-market investment or discretionary sale. For derivative reporting: M = exercise/conversion of derivative (RSU settlement), F = withholding/disposition to cover taxes.
• Purchases are generally more informative about insider sentiment; this filing documents compensation settlement rather than a buy or a voluntary market sale.