A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 13 filings in this group are Form 4s for Zimmer Biomet Holdings, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 13 insider filings shown, the breakdown is 9 compensation award, 2 option exercise and 2 open-market sale. 2 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Option exercise
Tax / Compensation Filing
2026-10-05
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Campbell Gary Craig (President, Americas) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
2,368 |
— |
— |
F |
Tax withholding on vested shares
|
932 |
$88.42 |
$82.4K |
M |
Option exercise
|
1,218 |
— |
— |
F |
Tax withholding on vested shares
|
480 |
$88.42 |
$42.4K |
M |
Option exercise
derivative · Restricted Stock Units
|
2,368 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
1,218 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Campbell Gary Craig (President, Americas)
Shares: 4,998
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Farrell Michael J. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
417 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Farrell Michael J. (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
HAGEMANN ROBERT (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
306 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: HAGEMANN ROBERT (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
HIGGINS ARTHUR J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
306 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: HIGGINS ARTHUR J (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Shapiro Louis (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
153 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Shapiro Louis (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Hilado Maria Teresa (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
375 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Hilado Maria Teresa (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Kurdikar Devdatt (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
173 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Kurdikar Devdatt (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Kolli Sreelakshmi (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
173 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Kolli Sreelakshmi (Director)
Form 4
Open-market sale
Insider Selling
2026-09-15
ZBH insider Thornal Kevin R (Grp Pres-Global Business) sold 5,691 shares (~$529.0K)
Thornal Kevin R, listed as Grp Pres-Global Business at ZIMMER BIOMET HOLDINGS, INC., reported an open-market sale of 5,691 ZBH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,691 |
$92.95 |
$529.0K |
Filing: Form 4 (Insider Transaction)
Insider: Thornal Kevin R (Grp Pres-Global Business)
Shares: 5,691
Est. Value: $529.0K
Form 4
Open-market sale
Insider Selling
2026-09-09
ZBH insider Phipps Chad F (See remarks below.) sold 3,000 shares (~$295.1K)
Phipps Chad F, listed as See remarks below. at ZIMMER BIOMET HOLDINGS, INC., reported an open-market sale of 3,000 ZBH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
3,000 |
$98.35 |
$295.1K |
Filing: Form 4 (Insider Transaction)
Insider: Phipps Chad F (See remarks below.)
Shares: 3,000
Est. Value: $295.1K
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Desai Chintan (President, APAC) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
10,168 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Desai Chintan (President, APAC)
Form 4
Option exercise
Tax / Compensation Filing
2026-08-04
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Thornal Kevin R (Grp Pres-Global Business) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
9,957 |
— |
— |
F |
Tax withholding on vested shares
|
4,266 |
$92.68 |
$395.4K |
M |
Option exercise
derivative · Restricted Stock Units
|
9,957 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Thornal Kevin R (Grp Pres-Global Business)
Shares: 14,223
Form 4
Compensation award
Tax / Compensation Filing
2026-07-02
ZBH insider Form 4 filed for equity award, exercise, or tax withholding
Hilado Maria Teresa (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock Units
|
389 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Hilado Maria Teresa (Director)