Form 4: Dentsply Sirona CEO Simon Campion Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Dentsply Sirona's CEO, Simon Campion, disposed of 33,729 shares of common stock on September 12, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On September 12, 2024, Simon D. Campion, the President, CEO, and a member of the Board of Directors of Dentsply Sirona Inc. (XRAY), disposed of 33,729 shares of common stock.
- The transaction was executed to cover taxes related to the vesting of restricted stock units and dividend equivalent units.
- The shares were disposed of at a price of $25.39 per share.
- Following the transaction, Campion directly owns 260,044.3581 shares of Dentsply Sirona Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of stock disposal transaction |
| 09/16/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.