Form 4: Dentsply Sirona CEO Simon Campion Reports Phantom Stock Acquisition

Dentsply Sirona's CEO, Simon Campion, reports the acquisition of phantom stock units under the Supplemental Executive Retirement Plan (SERP).

Summary

• Simon D. Campion, the President, CEO, and a member of the Board of Directors of Dentsply Sirona Inc. (XRAY), filed a Form 4.
• The filing reports a transaction involving phantom stock acquired on March 26, 2025.
• Campion acquired 9,611.179 units of phantom stock through the Supplemental Executive Retirement Plan (SERP).
• The price of the derivative security is $18.98.
• Following the reported transaction, Campion beneficially owns 13,137.5226 derivative securities.
• Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable in common stock upon termination of employment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with company performance.

Positives

• The acquisition of phantom stock aligns the CEO's interests with the long-term performance of the company.
• The SERP contribution reflects the company's commitment to executive compensation and retention.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects standard practices for aligning executive incentives with shareholder value.

Comparison to Industry Standards

• Phantom stock grants are a common component of executive compensation packages in publicly traded companies, particularly in the healthcare and dental industries.
• Companies like Align Technology and Straumann also utilize similar equity-based compensation plans to incentivize their executives.
• The specific amount and vesting terms of phantom stock grants vary based on company size, performance, and executive role.

Stakeholder Impact

• The acquisition of phantom stock can positively impact shareholders by aligning executive incentives with company performance.
• Employees may view the executive compensation package as a sign of the company's commitment to its leadership.

Key Dates

Keywords

Form 4, Dentsply Sirona, Simon Campion, Phantom Stock, SERP, Executive Compensation, XRAY