Form 4: Dentsply Sirona Director Acquires Phantom Stock Units

Jonathan Jay Mazelsky, a director at Dentsply Sirona Inc., acquired phantom stock units representing the economic equivalent of 1,340.4826 shares of common stock on December 30, 2024.

Summary

• On December 30, 2024, Jonathan Jay Mazelsky, a director of Dentsply Sirona Inc. (XRAY), acquired 1,340.4826 units of phantom stock through the Directors' Deferred Compensation plan.
• Each unit of phantom stock is equivalent to one share of Dentsply Sirona common stock.
• The phantom stock was acquired at a price of $18.65 per unit.
• Following the transaction, Mazelsky directly owns 5,797.0667 units of phantom stock.
• The phantom stock becomes payable in common stock upon Mazelsky's termination of service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with the company's long-term performance.

Future Outlook

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

Industry Context

This filing reflects routine compensation practices for directors, often involving deferred compensation in the form of phantom stock or similar instruments. It's a common way to align director interests with long-term shareholder value.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects a component of director compensation, aligning their interests with shareholders.

Key Dates