Form 4: Dentsply Sirona CEO Simon Campion Reports Stock and Phantom Stock Transactions
SEC Form 4 Filing
CEO Simon Campion reports acquisition of common stock through dividends, employee stock purchase plan, and phantom stock through accrued dividends.
Summary
- Simon D. Campion, CEO of Dentsply Sirona, reported changes in beneficial ownership of the company's stock.
- On January 10, 2025, Campion acquired 1,288.715 shares of common stock at $0, resulting in a total of 275,348.0351 shares beneficially owned.
- These acquisitions include dividends on restricted stock units (RSUs) and shares acquired through the Employee Stock Purchase Plan.
- Campion also acquired 30.2285 shares of phantom stock through accrued dividends, bringing the total phantom stock holdings to 3,526.3436 shares.
- The phantom stock is payable in common stock upon termination of employment.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing reflecting standard compensation practices. The CEO's continued investment is a mild positive, but overall, it's an expected event.
Positives
- The CEO's continued investment in the company's stock, through dividend reinvestment and the employee stock purchase plan, could be seen as a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The information is used by investors to gauge management's view of the company's prospects.
Stakeholder Impact
- The transactions have a minor positive impact on shareholders as it shows the CEO's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | 644.0760 shares acquired through dividend reinvestment. |
| 01/10/2025 | Date of transaction: acquisition of common stock and phantom stock due to dividends. |
| 01/14/2025 | Date of signature on the Form 4 filing. |
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