Zimmer Biomet insider activity
What the executives and directors of Zimmer Biomet actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$1.6M
net open-market flow, 12 m
0 open-market buys, 12 m
0%
of sale value on 10b5-1 plans, 12 m
1,047 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 68 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 1, 2026 | Thornal Kevin R | 14K |
| Apr 1, 2026 | Noor Jehanzeb | 8,303 |
| Mar 6, 2026 | Phipps Chad F | 9,518 |
| Mar 6, 2026 | Upadhyay Suketu | 21K |
| Mar 6, 2026 | Yi Sang | 9,414 |
| Mar 6, 2026 | Stellato Paul A | 2,885 |
| Mar 6, 2026 | Tornos Ivan | 54K |
| Mar 6, 2026 | Winkler Lori | 7,812 |
| Mar 6, 2026 | VAN ZUILEN WILFRED | 8,826 |
| Feb 25, 2026 | Phipps Chad F | 3,683 |
| Feb 25, 2026 | Upadhyay Suketu | 9,196 |
| Feb 25, 2026 | Yi Sang | 2,785 |
| Feb 25, 2026 | Stellato Paul A | 1,222 |
| Feb 25, 2026 | Tornos Ivan | 30K |
| Feb 25, 2026 | Winkler Lori | 3,271 |
| Feb 25, 2026 | VAN ZUILEN WILFRED | 4,010 |
| Feb 20, 2026 | Phipps Chad F | 3,188 |
| Feb 20, 2026 | Upadhyay Suketu | 7,891 |
| Feb 20, 2026 | Yi Sang | 2,382 |
| Feb 20, 2026 | Stellato Paul A | 1,063 |
| Feb 20, 2026 | Tornos Ivan | 25K |
| Feb 20, 2026 | Winkler Lori | 2,528 |
| Feb 20, 2026 | VAN ZUILEN WILFRED | 3,089 |
| Nov 28, 2025 | Winkler Lori | 358 |
| Nov 10, 2025 | Upadhyay Suketu | 15K |
| Sep 1, 2025 | Stellato Paul A | 1,683 |
| Jul 1, 2025 | VAN ZUILEN WILFRED | 3,323 |
| Jun 1, 2025 | Stellato Paul A | 823 |
| Mar 6, 2025 | Phipps Chad F | 2,918 |
| Mar 6, 2025 | Upadhyay Suketu | 6,589 |
| Mar 6, 2025 | Yi Sang | 2,365 |
| Mar 6, 2025 | Stellato Paul A | 799 |
| Mar 6, 2025 | Tornos Ivan | 16K |
| Mar 6, 2025 | Winkler Lori | 2,449 |
| Mar 6, 2025 | VAN ZUILEN WILFRED | 2,731 |
| Mar 6, 2025 | Bezjak Mark | 2,259 |
| Feb 20, 2025 | Phipps Chad F | 16K |
| Feb 20, 2025 | Upadhyay Suketu | 38K |
| Feb 20, 2025 | Ellingson Rachel | 9,421 |
| Feb 20, 2025 | Yi Sang | 14K |
| Feb 20, 2025 | Tornos Ivan | 64K |
| Feb 20, 2025 | Winkler Lori | 11K |
| Feb 20, 2025 | VAN ZUILEN WILFRED | 15K |
| Feb 20, 2025 | Bezjak Mark | 13K |
| Feb 20, 2025 | Stellato Paul A | 960 |
| Nov 10, 2024 | Upadhyay Suketu | 23K |
| Jul 1, 2024 | VAN ZUILEN WILFRED | 3,190 |
| Jun 1, 2024 | Stellato Paul A | 824 |
| Apr 1, 2024 | Winkler Lori | 987 |
| Mar 7, 2024 | Yi Sang | 4,070 |
| Mar 6, 2024 | Phipps Chad F | 2,920 |
| Mar 6, 2024 | Upadhyay Suketu | 6,480 |
| Mar 6, 2024 | Ellingson Rachel | 1,864 |
| Mar 6, 2024 | Stellato Paul A | 833 |
| Mar 6, 2024 | Tornos Ivan | 16K |
| Mar 6, 2024 | Winkler Lori | 2,185 |
| Mar 6, 2024 | VAN ZUILEN WILFRED | 2,423 |
| Mar 6, 2024 | Bezjak Mark | 2,017 |
| Mar 2, 2024 | Winkler Lori | 232 |
| Mar 1, 2024 | Phipps Chad F | 2,287 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Vested / exercised | 176K |
| Withheld for tax | 75K |
| Discretionary sales | 17K |
| Kept | 84K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Phipps Chad F | 42K | 65K | 157 |
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Tornos Ivan Chairman, President and CEO | CEO | 92K | – | – | – | |
| Upadhyay Suketu Exec VP, CFO | CFO | 72K | – | – | – | |
| Phipps Chad F See remarks below. Last trade Sep 4, 2026 | Officer | 65K | – | $295K | net selling over the year: 0 months buying, 1 month selling | Sep 4, 2026 |
| VAN ZUILEN WILFRED Group Pres, EMEA Last trade Jul 5, 2022 | Officer | 31K | – | – | Jul 5, 2022 | |
| Yi Sang Group President, Asia Pacific Last trade May 29, 2026 | Officer | 28K | – | $510K | net selling over the year: 0 months buying, 2 months selling | May 29, 2026 |
| Bezjak Mark President, Americas | Officer | 14K | – | – | – | |
| Ellingson Rachel Chief Administrative Officer | Officer | 12K | – | – | – | |
| Winkler Lori SVP and CHRO Last trade Mar 12, 2026 | Officer | 10K | – | $251K | net selling over the year: 0 months buying, 1 month selling | Mar 12, 2026 |
| Noor Jehanzeb See remarks below. | Officer | 6,828 | – | – | – | |
| Stellato Paul A VP, Controller, CAO | Officer | 5,890 | – | – | – | |
| Jafry Syed A. Last trade Nov 9, 2023 | Director | 4,060 | – | – | Nov 9, 2023 | |
| Thornal Kevin R Grp Pres-Global Business Last trade Sep 11, 2026 | Officer | 0 | – | $529K | net selling over the year: 0 months buying, 1 month selling | Sep 11, 2026 |
Open-market trade log
the 60 most recent of 293| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 11, 2026 | Thornal Kevin R (Officer) 5,691 shares $92.95 +5.8% since trade filed Sep 15, 2026 | Discretionary sale | 5,691 | $92.95 | $529K | +5.8% | Sep 15, 2026 |
| Sep 4, 2026 | Phipps Chad F (Officer) 3,000 shares $98.35 +0.0% since trade filed Sep 9, 2026 | Discretionary sale | 3,000 | $98.35 | $295K | +0.0% | Sep 9, 2026 |
| May 29, 2026 | Yi Sang (Officer) 800 shares $82.66 +19.0% since trade filed Jun 2, 2026 | Discretionary sale | 800 | $82.66 | $66K | +19.0% | Jun 2, 2026 |
| May 29, 2026 | Yi Sang (Officer) 4,200 shares $82.64 +19.0% since trade filed Jun 2, 2026 | Discretionary sale | 4,200 | $82.64 | $347K | +19.0% | Jun 2, 2026 |
| Mar 12, 2026 | Winkler Lori (Officer) 2,650 shares $94.66 +3.9% since trade filed Mar 16, 2026 | Discretionary sale | 2,650 | $94.66 | $251K | +3.9% | Mar 16, 2026 |
| Feb 12, 2026 | Yi Sang (Officer) 1,000 shares $96.49 +1.9% since trade filed Feb 17, 2026 | Discretionary sale | 1,000 | $96.49 | $96K | +1.9% | Feb 17, 2026 |
| Sep 11, 2025 | Yi Sang (Officer) 1,200 shares $103.59 −5.1% since trade filed Sep 15, 2025 | Discretionary sale | 1,200 | $103.59 | $124K | −5.1% | Sep 15, 2025 |
| Sep 8, 2025 | Winkler Lori (Officer) 1,500 shares $104.15 −5.6% since trade filed Sep 10, 2025 | Discretionary sale | 1,500 | $104.15 | $156K | −5.6% | Sep 10, 2025 |
| Aug 18, 2025 | Winkler Lori (Officer) 1,500 shares $102.49 −4.0% since trade filed Aug 20, 2025 | Discretionary sale | 1,500 | $102.49 | $154K | −4.0% | Aug 20, 2025 |
| Jun 13, 2025 | Yi Sang (Officer) 800 shares $92.51 +6.3% since trade filed Jun 17, 2025 | Discretionary sale | 800 | $92.51 | $74K | +6.3% | Jun 17, 2025 |
| Jun 11, 2025 | Yi Sang (Officer) 1,000 shares $95.00 +3.5% since trade filed Jun 13, 2025 | Discretionary sale | 1,000 | $95.00 | $95K | +3.5% | Jun 13, 2025 |
| Mar 5, 2025 | Winkler Lori (Officer) 1,443 shares $104.40 −5.8% since trade filed Mar 7, 2025 | Discretionary sale | 1,443 | $104.40 | $151K | −5.8% | Mar 7, 2025 |
| May 31, 2024 | Yi Sang (Officer) 13K shares $114.69 −14.3% since trade filed Jun 4, 2024 | Discretionary sale | 13K | $114.69 | $1.5M | −14.3% | Jun 4, 2024 |
| Mar 7, 2024 | Yi Sang (Officer) 1,705 shares $126.86 −22.5% since trade filed Mar 8, 2024 | Discretionary sale | 1,705 | $126.86 | $216K | −22.5% | Mar 8, 2024 |
| Feb 22, 2024 | Phipps Chad F (Officer) 610 shares $129.08 −23.8% since trade filed Feb 26, 2024 | Discretionary sale | 610 | $129.08 | $79K | −23.8% | Feb 26, 2024 |
| Feb 22, 2024 | Phipps Chad F (Officer) 26K shares $128.61 −23.5% since trade filed Feb 26, 2024 | Discretionary sale | 26K | $128.61 | $3.3M | −23.5% | Feb 26, 2024 |
| Nov 9, 2023 | Jafry Syed A. (Director) 2,135 shares $104.75 −6.1% since trade filed Nov 13, 2023 | Open-market buy | 2,135 | $104.75 | $224K | −6.1% | Nov 13, 2023 |
| Aug 30, 2023 | Kolli Sreelakshmi (Director) 1,000 shares $120.37 −18.3% since trade filed Sep 1, 2023 | Open-market buy | 1,000 | $120.37 | $120K | −18.3% | Sep 1, 2023 |
| Aug 28, 2023 | HAGEMANN ROBERT (Director) 2,000 shares $116.48 −15.6% since trade filed Aug 30, 2023 | Open-market buy | 2,000 | $116.48 | $233K | −15.6% | Aug 30, 2023 |
| Aug 28, 2023 | BEGLEY CHRISTOPHER B (Director) 1,000 shares $117.11 −16.0% since trade filed Sep 29, 2023 late | Open-market buy | 1,000 | $117.11 | $117K | −16.0% | Sep 29, 2023 late |
| Aug 25, 2023 | BERNARD BETSY J (Director) 871 shares $114.84 −14.4% since trade filed Aug 29, 2023 | Open-market buy | 871 | $114.84 | $100K | −14.4% | Aug 29, 2023 |
| Aug 25, 2023 | MICHELSON MICHAEL W (Director) 1,300 shares $115.50 −14.9% since trade filed Aug 29, 2023 | Open-market buy | 1,300 | $115.50 | $150K | −14.9% | Aug 29, 2023 |
| Aug 23, 2023 | HIGGINS ARTHUR J (Director) 500 shares $114.68 −14.2% since trade filed Aug 25, 2023 | Open-market buy | 500 | $114.68 | $57K | −14.2% | Aug 25, 2023 |
| Aug 23, 2023 | HIGGINS ARTHUR J (Director) 500 shares $116.55 −15.6% since trade filed Aug 25, 2023 | Open-market buy | 500 | $116.55 | $58K | −15.6% | Aug 25, 2023 |
| Mar 17, 2023 | Phipps Chad F (Officer) 3,302 shares $125.09 −21.4% since trade filed Mar 21, 2023 | Planned sale (10b5-1) | 3,302 | $125.09 | $413K | −21.4% | Mar 21, 2023 |
| Mar 17, 2023 | Phipps Chad F (Officer) 20K shares $124.40 −20.9% since trade filed Mar 21, 2023 | Planned sale (10b5-1) | 20K | $124.40 | $2.5M | −20.9% | Mar 21, 2023 |
| Dec 13, 2022 | Phipps Chad F (Officer) 1,063 shares $129.34 −24.0% since trade filed Dec 15, 2022 | Discretionary sale | 1,063 | $129.34 | $137K | −24.0% | Dec 15, 2022 |
| Dec 13, 2022 | Phipps Chad F (Officer) 10K shares $128.56 −23.5% since trade filed Dec 15, 2022 | Discretionary sale | 10K | $128.56 | $1.3M | −23.5% | Dec 15, 2022 |
| Jul 5, 2022 | VAN ZUILEN WILFRED (Officer) 531 shares $105.22 −6.5% since trade filed Jul 6, 2022 | Discretionary sale | 531 | $105.22 | $56K | −6.5% | Jul 6, 2022 |
| Mar 17, 2022 | Phipps Chad F (Officer) 300 shares $120.69 −18.5% since trade filed Mar 21, 2022 | Discretionary sale | 300 | $120.69 | $36K | −18.5% | Mar 21, 2022 |
| Mar 17, 2022 | Phipps Chad F (Officer) 5,331 shares $122.46 −19.7% since trade filed Mar 21, 2022 | Discretionary sale | 5,331 | $122.46 | $653K | −19.7% | Mar 21, 2022 |
| Mar 17, 2022 | Phipps Chad F (Officer) 30K shares $121.90 −19.3% since trade filed Mar 21, 2022 | Discretionary sale | 30K | $121.90 | $3.6M | −19.3% | Mar 21, 2022 |
| Dec 14, 2021 | Yi Sang (Officer) 200 shares $124.18 −20.8% since trade filed Dec 15, 2021 | Discretionary sale | 200 | $124.18 | $25K | −20.8% | Dec 15, 2021 |
| Dec 14, 2021 | Yi Sang (Officer) 2,600 shares $124.14 −20.8% since trade filed Dec 15, 2021 | Discretionary sale | 2,600 | $124.14 | $323K | −20.8% | Dec 15, 2021 |
| May 6, 2021 | HIGGINS ARTHUR J (Director) 1,000 shares $171.58 filed May 10, 2021 | Open-market buy | 1,000 | $171.58 | $172K | – | May 10, 2021 |
| Nov 18, 2020 | Yi Sang (Officer) 1,200 shares $152.59 filed Nov 20, 2020 | Discretionary sale | 1,200 | $152.59 | $183K | – | Nov 20, 2020 |
| Nov 9, 2020 | Phipps Chad F (Officer) 30K shares $159.70 filed Nov 12, 2020 | Discretionary sale | 30K | $159.70 | $4.8M | – | Nov 12, 2020 |
| May 29, 2020 | Yi Sang (Officer) 3,000 shares $125.38 filed Jun 2, 2020 | Discretionary sale | 3,000 | $125.38 | $376K | – | Jun 2, 2020 |
| May 13, 2020 | Hanson Bryan C (CEO) 1,000 shares $113.00 filed May 13, 2020 | Open-market buy | 1,000 | $113.00 | $113K | – | May 13, 2020 |
| Nov 11, 2019 | Bruneau Aure (Officer) 1,613 shares $141.48 filed Nov 13, 2019 | Discretionary sale | 1,613 | $141.48 | $228K | – | Nov 13, 2019 |
| Nov 11, 2019 | Bruneau Aure (Officer) 2,780 shares $141.14 filed Nov 13, 2019 | Discretionary sale | 2,780 | $141.14 | $392K | – | Nov 13, 2019 |
| Nov 11, 2019 | Bruneau Aure (Officer) 2,910 shares $141.17 filed Nov 13, 2019 | Discretionary sale | 2,910 | $141.17 | $411K | – | Nov 13, 2019 |
| Nov 11, 2019 | Bruneau Aure (Officer) 3,150 shares $141.31 filed Nov 13, 2019 | Discretionary sale | 3,150 | $141.31 | $445K | – | Nov 13, 2019 |
| Nov 11, 2019 | Bruneau Aure (Officer) 4,718 shares $141.24 filed Nov 13, 2019 | Discretionary sale | 4,718 | $141.24 | $666K | – | Nov 13, 2019 |
| Sep 9, 2019 | Deltort Didier (Officer) 84 shares $140.42 filed Sep 10, 2019 | Discretionary sale | 84 | $140.42 | $12K | – | Sep 10, 2019 |
| Sep 6, 2019 | Deltort Didier (Officer) 360 shares $139.25 filed Sep 10, 2019 | Discretionary sale | 360 | $139.25 | $50K | – | Sep 10, 2019 |
| Aug 29, 2019 | Phipps Chad F (Officer) 7,000 shares $138.28 filed Sep 3, 2019 | Discretionary sale | 7,000 | $138.28 | $968K | – | Sep 3, 2019 |
| Aug 13, 2019 | Phipps Chad F (Officer) 33K shares $140.00 filed Aug 15, 2019 | Discretionary sale | 33K | $140.00 | $4.6M | – | Aug 15, 2019 |
| Aug 8, 2019 | Yi Sang (Officer) 147 shares $138.70 filed Aug 9, 2019 | Discretionary sale | 147 | $138.70 | $20K | – | Aug 9, 2019 |
| May 24, 2019 | Yi Sang (Officer) 426 shares $114.88 filed May 29, 2019 | Discretionary sale | 426 | $114.88 | $49K | – | May 29, 2019 |
| Mar 1, 2019 | Jafry Syed A. (Director) 1,925 shares $125.52 filed Mar 4, 2019 | Open-market buy | 1,925 | $125.52 | $242K | – | Mar 4, 2019 |
| Feb 15, 2019 | HIGGINS ARTHUR J (Director) 500 shares $123.28 filed Feb 19, 2019 | Open-market buy | 500 | $123.28 | $62K | – | Feb 19, 2019 |
| Feb 13, 2019 | Farrell Michael J. (Director) 2,000 shares $123.62 filed Feb 14, 2019 | Open-market buy | 2,000 | $123.62 | $247K | – | Feb 14, 2019 |
| Feb 8, 2019 | MICHELSON MICHAEL W (Director) 2,085 shares $119.69 filed Feb 11, 2019 | Open-market buy | 2,085 | $119.69 | $250K | – | Feb 11, 2019 |
| Feb 8, 2019 | GLASSCOCK LARRY C (Director) 2,000 shares $120.09 filed Feb 11, 2019 | Open-market buy | 2,000 | $120.09 | $240K | – | Feb 11, 2019 |
| Feb 7, 2019 | Hanson Bryan C (CEO) 480 shares $119.18 filed Feb 8, 2019 | Open-market buy | 480 | $119.18 | $57K | – | Feb 8, 2019 |
| Feb 7, 2019 | Hanson Bryan C (CEO) 500 shares $118.90 filed Feb 8, 2019 | Open-market buy | 500 | $118.90 | $59K | – | Feb 8, 2019 |
| Feb 7, 2019 | Hanson Bryan C (CEO) 1,120 shares $119.00 filed Feb 8, 2019 | Open-market buy | 1,120 | $119.00 | $133K | – | Feb 8, 2019 |
| Feb 7, 2019 | Hilado Maria Teresa (Director) 1,650 shares $118.18 filed Feb 8, 2019 | Open-market buy | 1,650 | $118.18 | $195K | – | Feb 8, 2019 |
| Feb 6, 2019 | BERNARD BETSY J (Director) 100 shares $117.42 filed Feb 6, 2019 | Open-market buy | 100 | $117.42 | $12K | – | Feb 6, 2019 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
255 Forms 4, 3 years
1 filed late
0 amendments
2.1 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.