Winkler Lori 4

What Happened Lori Winkler, Senior Vice President and Chief Human Resources Officer at Zimmer Biomet (ZBH), had 2,347 restricted stock units (RSUs vest) on February 25, 2026. The RSUs converted into 2,347 shares (transaction code M). To satisfy tax withholding obligations (code F), 924 of those shares were withheld/disposed at $99.51 per share, generating approximately $91,947. The remaining 1,423 shares were issued to Winkler (net increase in her holdings).

Key Details

• Transaction date: February 25, 2026; Form filed Feb 27, 2026 (not marked late).
• Conversion/exercise entries: 2,347 RSUs converted to common shares (code M).
• Tax withholding/sale: 924 shares withheld/disposed at $99.51 each for ~$91,947 (code F).
• Net delivered to insider: 1,423 shares (2,347 vested − 924 withheld).
• Footnotes: F1 = shares were withheld to satisfy tax withholding on RSU vesting; F2 = this was one-third of a multi-year RSU grant (remaining vest in 2027 and 2028).
• No 10b5-1 plan or other trading plan referenced in the filing excerpt.

Context This was a routine RSU vesting and tax-withholding event, not an open-market sale or a purchased position. The M code denotes conversion/exercise of a derivative (RSU settlement); the F code denotes shares withheld to cover tax liabilities. Withholding to cover taxes is common and typically reflects compensation settlement rather than a deliberate sell signal by the insider.