Form 4: Dentsply Sirona Executive Kevin Czerney Reports Stock Transactions
SEC Form 4 Filing
Kevin Czerney, VP and Chief Accounting Officer of Dentsply Sirona, reports acquisition and disposal of company stock related to restricted stock units and tax obligations.
Summary
- Kevin Czerney, VP, Chief Accounting Officer of Dentsply Sirona, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 3, 2025, Czerney acquired 8,255 shares of common stock through Restricted Stock Units (RSUs) at $0 and 462 shares through Performance-Based Restricted Stock Units (PRSUs) at $0.
- Also on March 3, 2025, 162 shares were disposed of at $15.99 to cover taxes related to vesting RSUs and dividend equivalent units.
- On March 4, 2025, 372 shares were disposed of at $15.59 to cover taxes.
- Following these transactions, Czerney beneficially owns 26,426.542 shares of Dentsply Sirona common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Future Outlook
The reporting person will continue to receive and vest RSUs over the next three years.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates normal compensation and tax-related transactions.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/16/2022 | Reporting Person was granted performance-based restricted stock units (PRSUs). |
| 03/03/2025 | Earliest transaction date; acquisition of RSUs and PRSUs, disposal of shares for tax obligations. |
| 03/04/2025 | Disposal of shares for tax obligations. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
| 05/15/2025 | The PRSUs vest and become shares of the Issuer's Common Stock. |
| 03/03/2028 | RSUs vest in annual one-third (1/3) increments over a three-year period ending 3/3/2028. |
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.