Form 4: Dentsply Sirona Executive Kevin Czerney Reports Changes in Beneficial Ownership

Kevin Czerney, VP and Chief Accounting Officer of Dentsply Sirona, reports acquisition and disposal of common stock and phantom stock due to dividend reinvestment and accrued dividends.

Summary

• Kevin Czerney, VP, Chief Accounting Officer of Dentsply Sirona Inc. [XRAY], filed a Form 4 on April 15, 2025, reporting changes in beneficial ownership.
• The transactions include the acquisition of 201.679 shares of common stock through dividend reinvestment at $0 and disposal of an unspecified amount of common stock.
• Czerney also acquired phantom stock in the Supplemental Executive Retirement Plan (SERP) and Dentsply Supplemental Savings Plan (DSSP) due to accrued dividends, with 42.6833 and 4.1737 shares acquired respectively at a price of $12.47.
• Following the reported transactions, Czerney beneficially owns 26,719.185 shares of common stock and 3,369.5696 and 329.4496 shares of phantom stock in SERP and DSSP respectively.
• The phantom stock is the economic equivalent of common stock and becomes payable upon termination of employment.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation and dividend reinvestment.

Positives

• The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Key Dates

Keywords

Form 4, beneficial ownership, Dentsply Sirona, XRAY, Kevin Czerney, phantom stock, dividend reinvestment, SERP, DSSP, common stock