Form 4: Dentsply Sirona Director Receives Dividend in Restricted Stock Units
SEC Form 4 Filing
Clyde Hosein, a director at Dentsply Sirona, acquired additional restricted stock units representing dividends on previously awarded RSUs.
Summary
- On October 11, 2024, Clyde Hosein, a director of Dentsply Sirona Inc., acquired 47.588 restricted stock units (RSUs) as a dividend on previously awarded RSUs.
- These additional RSUs are subject to the same vesting terms as the underlying awards and vest simultaneously with them.
- Each RSU converts to one share of Dentsply Sirona common stock on a 1:1 basis.
- Following the transaction, Hosein beneficially owns 26,353.2935 shares of common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (dividend distribution) and doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new RSUs.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Date of transaction: Clyde Hosein acquired restricted stock units as a dividend. |
| 10/15/2024 | Date of signature by Attorney-In-Fact. |
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