Julie Shimer's Restricted Share Units Award at Avanos Medical
This Form 4 filing reports that Julie Shimer, a director of Avanos Medical, Inc., received 12,003 restricted share units on May 8, 2026. The restricted share units represent a contingent right to receive cash payments equal to the value of one share of common stock each. These units were issued to replace previously granted restricted share units from January 2, 2025. The vesting of these restricted share units is contingent upon Shimer's termination of service on the company's Board of Directors. As a director, Shimer received these units as compensation, and the transaction was reported by her attorney-in-fact, John Fischer, on May 12, 2026. The filing indicates no purchase price for these units, as they represent equity compensation rather than a market transaction.