Form 4: Dentsply Sirona Director Acquires Phantom Stock

Jonathan Jay Mazelsky, a director at Dentsply Sirona, acquired phantom stock equivalent to 761.4756 shares of common stock on March 28, 2024.

Summary

• On March 28, 2024, Jonathan Jay Mazelsky, a director of Dentsply Sirona Inc. (XRAY), acquired 761.4756 units of phantom stock.
• Each unit of phantom stock is equivalent to one share of Dentsply Sirona common stock.
• The phantom stock was acquired through the Directors' Deferred Compensation plan.
• The price of the phantom stock was $32.83 per share.
• Following the transaction, Mazelsky directly owns 2,469.0996 units of phantom stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, aligning interests with shareholders.

Future Outlook

The shares of phantom stock become payable in common stock upon the reporting person's termination of service as a director.

Industry Context

This filing reflects routine compensation practices for board members, aligning their interests with long-term shareholder value through deferred stock compensation.

Stakeholder Impact

• The transaction aligns the director's interests with those of shareholders through deferred stock compensation.

Key Dates