Barry James Christopher 4

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).