EDGAR·FLOW

ZIMMER BIOMET HOLDINGS, INC. — Form 10-Q

Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q — Neutral significance 28/100
What the filing says
Zimmer Biomet appointed Chintan Desai as President, APAC effective July 1, 2026, at salary grade Z04 with base salary SGD 72,390/month (~USD 54K/year). Total compensation includes: USD 1.355M LTI (USD 790K RSU/PRSU + USD 565K buyout grant), SGD 191,621 sign-on bonus (2-year clawback), and USD 313K relocation/tax equalization (2-year clawback). Change-in-Control severance agreement provides 2x (base + target bonus) if terminated post-acquisition; 12-month non-compete in APAC region; 6-month employee non-solicitation post-termination.
Why this rating

Mid-level executive hire; ~USD 2.1M equity + USD 313K cash on $18B market cap is <0.02% of company value—routine personnel action, no material business impact.

View original filing on SEC.gov ↗ ZBH · stock on Yahoo Finance ↗

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