Form 4: Dentsply Sirona Director Receives Dividend in Restricted Stock Units
SEC Form 4 Filing
Leslie F. Varon, a director at Dentsply Sirona, acquired additional restricted stock units representing dividends on previously awarded RSUs.
Summary
- On October 11, 2024, Leslie F. Varon, a director of Dentsply Sirona Inc. [XRAY], acquired 47.588 shares of common stock in the form of restricted stock units (RSUs) as a dividend.
- The RSUs were awarded as dividends on existing RSU grants and are subject to the same vesting terms as the underlying awards.
- Each RSU converts to one share of common stock on a 1:1 basis.
- Following the transaction, Varon beneficially owns 33,651.237 shares of Dentsply Sirona common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the receipt of dividends in the form of restricted stock units. It's common for companies to issue equity-based compensation and dividends to directors and employees.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares related to dividend payments on existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Date of transaction where Leslie F. Varon acquired restricted stock units as a dividend. |
| 10/15/2024 | Date of signature by Attorney-In-Fact for Leslie F. Varon. |
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.