LivaNova (LIVN) Director Francesco Bianchi Sells 3,500 Shares

What Happened

• Francesco Bianchi, a director of LivaNova plc, disposed of 3,500 LivaNova shares in open-market sales on September 10, 2026. The sales were executed at a weighted-average price of $78.01 per share, resulting in gross proceeds of approximately $273,032. This is a sale (not a purchase), which is often routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: 2026-09-10 (filed with the SEC on 2026-09-14).
• Transaction type/code: Open-market sale (S).
• Shares sold: 3,500; weighted-average price: $78.01; total proceeds ≈ $273,032.
• Price range: Sales occurred at prices from $77.97 to $78.04 (footnote F1); the $78.01 figure is the weighted-average.
• Shares owned after the transaction: Not specified in the provided summary—see the full Form 4 for exact post-transaction holdings.
• Filing timeliness: The Form 4 was filed on 2026-09-14 for the 2026-09-10 transaction; this appears to fall within the typical two-business-day reporting window for Form 4 filings.
• Footnote: F1 states the sale occurred in multiple open-market transactions at prices $77.97–$78.04 and that the reporting person will provide a breakdown of quantities at each price upon request.

Context

• This was an open-market sale by a company director. Such sales can be for many reasons (diversification, personal liquidity, etc.) and do not by themselves indicate the director’s view of the company’s prospects. Purchases generally carry more weight as signals of insider conviction. For precise holdings or to check whether these trades were part of a trading plan (e.g., Rule 10b5-1), review the full Form 4 filing (Accession 0001639691-26-000104).