Insider Buying Signals at Zimmer Biomet
The latest director‑dealing filing from Noor Jehanzeb on February 20, 2026 shows a sizable purchase of 10,076 restricted‑stock units (RSUs) at no cash outlay. Because the units vest only over three years starting February 2027, the transaction is a forward‑looking bet rather than a short‑term play. It signals that Jehanzeb, who has a history of buying RSUs in early 2025, believes the company’s long‑term trajectory will continue to rise. The move aligns with the broader positive sentiment on social media (‑79 points) and a high buzz score of 771 %, indicating that investors are already paying close attention to Zimmer Biomet’s prospects.
Implications for Investors
A director’s RSU purchase tends to be interpreted as an endorsement of the company’s strategy and valuation. For Zimmer Biomet, the buy comes as the share price is trading near its 52‑week high and the company is expanding into bone‑growth stimulation—an emerging segment where it could capture additional revenue. The transaction also follows a recent dividend declaration, which may make the stock more attractive to income‑oriented investors. Overall, the insider activity suggests confidence in the company’s ability to sustain growth and deliver shareholder value in the next few years.
Who Is Noor Jehanzeb?
Jehanzeb’s historical filings reveal a pattern of RSU purchases rather than cash trades, indicating a preference for long‑term equity participation. In April 2025, he bought 19,875 RSUs at no price, a move that mirrors the February 2026 transaction. This consistency underscores a belief that Zimmer Biomet’s equity will appreciate as the company executes on its strategic initiatives. The absence of any selling activity in his filings suggests a bullish stance and a commitment to remain a long‑term stakeholder.
Company‑Wide Insider Activity Context
In the same filing window, several other senior executives—such as Phipps, Tornos, and Upadhyay—were actively buying and selling both common shares and RSUs. While some trades were cash purchases of common stock, most were RSU purchases, echoing a broader insider confidence. The mix of buying and selling indicates a dynamic portfolio management strategy, but the net effect of these transactions points to an overall positive outlook from the top leadership.
Bottom Line
For investors, Jehanzeb’s RSU purchase adds a layer of credibility to Zimmer Biomet’s strategic narrative. Coupled with the company’s expanding product pipeline and recent dividend declaration, insider buying signals that the management team is aligning its interests with shareholders. Watch the company’s quarterly results and any further insider trades for additional confirmation of this bullish stance.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-20 | Noor Jehanzeb (See remarks below.) | Buy | 10,076.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Phipps Chad F (See remarks below.) | Buy | 2,246.00 | N/A | Common Stock |
| 2026-02-20 | Phipps Chad F (See remarks below.) | Sell | 942.00 | 98.62 | Common Stock |
| 2026-02-20 | Phipps Chad F (See remarks below.) | Sell | 2,246.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Phipps Chad F (See remarks below.) | Buy | 9,818.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Thornal Kevin R (Grp Pres-Global Business) | Buy | 27,385.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Yi Sang (Group President, Asia Pacific) | Buy | 2,382.00 | N/A | Common Stock |
| 2026-02-20 | Yi Sang (Group President, Asia Pacific) | Sell | 2,382.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Yi Sang (Group President, Asia Pacific) | Buy | 9,043.00 | N/A | Restricted Stock Units |
| 2026-02-20 | VAN ZUILEN WILFRED (Group Pres, EMEA) | Buy | 2,451.00 | N/A | Common Stock |
| 2026-02-20 | VAN ZUILEN WILFRED (Group Pres, EMEA) | Sell | 638.00 | 98.62 | Common Stock |
| 2026-02-20 | VAN ZUILEN WILFRED (Group Pres, EMEA) | Sell | 2,451.00 | N/A | Restricted Stock Units |
| 2026-02-20 | VAN ZUILEN WILFRED (Group Pres, EMEA) | Buy | 10,334.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Winkler Lori (SVP and CHRO) | Buy | 1,845.00 | N/A | Common Stock |
| 2026-02-20 | Winkler Lori (SVP and CHRO) | Sell | 683.00 | 98.62 | Common Stock |
| 2026-02-20 | Winkler Lori (SVP and CHRO) | Sell | 1,845.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Winkler Lori (SVP and CHRO) | Buy | 7,880.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Stellato Paul A (VP, Controller, CAO) | Buy | 701.00 | N/A | Common Stock |
| 2026-02-20 | Stellato Paul A (VP, Controller, CAO) | Sell | 362.00 | 98.62 | Common Stock |
| 2026-02-20 | Stellato Paul A (VP, Controller, CAO) | Sell | 701.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Stellato Paul A (VP, Controller, CAO) | Buy | 2,842.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Stellato Paul A (VP, Controller, CAO) | Buy | 4,651.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Tornos Ivan (Chairman, President and CEO) | Buy | 15,996.00 | N/A | Common Stock |
| 2026-02-20 | Tornos Ivan (Chairman, President and CEO) | Sell | 8,846.00 | 98.62 | Common Stock |
| 2026-02-20 | Tornos Ivan (Chairman, President and CEO) | Sell | 15,996.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Tornos Ivan (Chairman, President and CEO) | Buy | 65,103.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Upadhyay Suketu (Exec VP, CFO) | Buy | 5,445.00 | N/A | Common Stock |
| 2026-02-20 | Upadhyay Suketu (Exec VP, CFO) | Sell | 2,446.00 | 98.62 | Common Stock |
| 2026-02-20 | Upadhyay Suketu (Exec VP, CFO) | Sell | 5,445.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Upadhyay Suketu (Exec VP, CFO) | Buy | 21,701.00 | N/A | Restricted Stock Units |




