Form 4: Dentsply Sirona Executive Richard C. Rosenzweig Reports Acquisition of Stock and Phantom Stock Due to Dividend Accruals

Richard C. Rosenzweig, EVP at Dentsply Sirona, reports acquiring additional restricted stock units and phantom stock due to dividend accruals.

Summary

• On April 11, 2025, Richard C. Rosenzweig, an Executive Vice President at Dentsply Sirona Inc., reported acquiring 628.48 shares of common stock through dividend accruals on previously awarded restricted stock units (RSUs).
• These RSUs vest under the same terms as the original awards and convert to common stock on a 1:1 basis.
• Rosenzweig also acquired 76.0384 shares of phantom stock in the Supplemental Executive Retirement Plan (SERP) due to accrued dividends.
• Each share of phantom stock is equivalent to one share of common stock and becomes payable upon termination of employment.
• Following these transactions, Rosenzweig beneficially owns 83,451.877 shares of common stock and 6,002.7367 shares of phantom stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it primarily reports routine transactions related to executive compensation. The acquisitions are a result of dividend accruals, indicating a stable financial position.

Positives

• The acquisition of additional shares through dividend accruals reflects the company's performance and commitment to rewarding its executives.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates routine compensation adjustments through dividend accruals.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units and phantom stock to align management's interests with those of shareholders.
• Dividend accruals on RSUs are a common practice in executive compensation plans across various industries.
• Companies like Align Technology and Straumann also utilize similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they relate to executive compensation adjustments.

Key Dates

Keywords

Form 4, Dentsply Sirona, Richard C. Rosenzweig, Beneficial Ownership, Dividends, Restricted Stock Units, Phantom Stock, SERP, Executive Compensation