Form 4: DENTSPLY SIRONA Executive Richard Rosenzweig Increases Holdings Through Dividend Reinvestment and ESPP
Insider Transaction Report
Richard C. Rosenzweig, EVP, Corporate Development, General Counsel & Secretary of DENTSPLY SIRONA Inc., reported the acquisition of common stock and phantom stock through dividend reinvestments and an employee stock purchase plan.
Summary
- Richard C. Rosenzweig, Executive Vice President, Corporate Development, General Counsel & Secretary of DENTSPLY SIRONA Inc. (XRAY), reported transactions on July 11, 2025.
- Acquired 595.34 shares of common stock, which represent dividends on restricted stock units (RSUs) awarded to the Reporting Person in the form of additional RSUs.
- These additional RSUs are subject to the same vesting terms as the underlying awards, and each RSU converts to common stock on a 1:1 basis.
- The total common stock beneficially owned by Mr. Rosenzweig following these transactions is 84,417.217 shares.
- This total includes 370 shares acquired between January 1 and June 30, 2025, under the Dentsply Sirona Employee Stock Purchase Plan.
- Also acquired 59.2766 shares of phantom stock under the Supplemental Executive Retirement Plan (SERP) as a result of accrued dividends.
- Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable in common stock upon the reporting person's termination of employment.
- The total phantom stock beneficially owned following these transactions is 6,062.0133 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It's a routine filing reporting an increase in executive holdings through non-discretionary means (dividends, ESPP), which is generally viewed favorably as it aligns executive interests with shareholders, but it does not indicate a strong discretionary 'buy' signal.
Positives
- Increase in executive's beneficial ownership of common stock and phantom stock, primarily through non-discretionary dividend reinvestments and an employee stock purchase plan, indicating continued alignment with shareholder interests.
- The acquisition of shares through the Employee Stock Purchase Plan (ESPP) suggests employee participation and confidence in the company.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports past insider transactions.
Industry Context
This Form 4 filing is a routine disclosure of an executive's share acquisitions through compensation plans and dividend reinvestments. It does not provide broader industry context or insights into DENTSPLY SIRONA's market position or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization of Attorney-in-Fact | Richard C. Rosenzweig granted a Limited Power of Attorney to Jessica Causey and Lindi Barton-Brobst to execute and file Forms 3, 4, and 5 on his behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 05/22/2025 | This is a standard administrative procedure to facilitate timely and accurate SEC filings for insider transactions, enhancing compliance efficiency and reducing the burden on the executive. |
Stakeholder Impact
- Shareholders: The increase in executive beneficial ownership, even through non-discretionary means, generally signals continued alignment of management's interests with those of shareholders.
- Employees: The mention of shares acquired through the Employee Stock Purchase Plan (ESPP) indicates a mechanism for broader employee participation in company ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of the Limited Power of Attorney granted by Richard C. Rosenzweig to Jessica Causey and Lindi Barton-Brobst for Section 16 reporting obligations. |
| 07/11/2025 | Date of the reported transactions for common stock and phantom stock acquisitions by Richard C. Rosenzweig. |
| 07/15/2025 | Date the Form 4 was signed by the attorney-in-fact on behalf of Richard C. Rosenzweig. |
Keywords
DENTSPLY SIRONA, XRAY, SEC Form 4, Insider Transaction, Richard C. Rosenzweig, Common Stock, Restricted Stock Units, RSUs, Phantom Stock, Employee Stock Purchase Plan, ESPP, Supplemental Executive Retirement Plan, SERP, Executive Compensation, Dividend Reinvestment
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