LivaNova PLC·4

Jun 17, 4:09 PM ET

Barry James Christopher 4

4 · LivaNova PLC · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

LivaNova Director Barry Christopher Receives RSUs; 486 Shares Withheld

What Happened

  • Barry James Christopher, a director of LivaNova PLC (LIVN), had 4,042 restricted stock units (RSUs) convert to ordinary shares on June 15, 2026. Of those, 486 shares were withheld to pay tax liability (value reported at $79.70 per share, total ~$38,734), yielding a net issuance of 3,556 shares. The filing also shows a grant of 2,383 RSUs on the same date under the 2025 Director Incentive Award Plan.

Key Details

  • Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
  • Vesting/settlement: 4,042 RSUs vested and were settled into shares (codes M/A indicate conversion/award).
  • Tax withholding: 486 shares withheld to satisfy tax liability (code F); withheld value = 486 × $79.70 = $38,734.
  • Net shares issued to insider: 4,042 − 486 = 3,556 common shares.
  • New award: 2,383 RSUs granted on June 15, 2026; per the filing these RSUs vest on June 15, 2027, subject to continued service (unvested).
  • Footnotes: F1–F4 confirm the settled units were vested RSUs under the 2025 Plan; F3 notes shares were withheld for taxes.
  • Shares owned after the transaction: not specified in the summary provided.

Context

  • This was not an open-market buy or sale: it reflects RSU vesting/settlement and a new RSU grant. The withholding of shares to cover taxes is a common, cashless way to satisfy tax obligations and does not by itself signal a market view. The new 2,383 RSUs are subject to future vesting conditions (not immediately transferable).

Insider Transaction Report

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

    Ordinary Shares

    [F1][F2]
    2026-06-15+4,0428,404 total
  • Tax Payment

    Ordinary Shares

    [F3]
    2026-06-15$79.70/sh486$38,7347,918 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_1781726956.xmlPrimary

    FORM 4