Form 4: Dentsply Sirona Executive Robert Anthony Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert Anthony Johnson, SVP and Chief Supply Chain Officer at Dentsply Sirona, reports acquisition of restricted stock units and phantom stock due to dividends, as well as disposition of common stock.
Summary
- On April 12, 2024, Robert Anthony Johnson, SVP, Chief Supply Chain Officer of Dentsply Sirona Inc. [XRAY], reported changes in beneficial ownership.
- Johnson acquired 354.578 shares of common stock through dividends on restricted stock units (RSUs).
- These RSUs are subject to the same vesting terms as the underlying awards and convert to common stock on a 1:1 basis.
- Johnson also acquired 14.6886 units of phantom stock through accrued dividends, with each unit representing the economic equivalent of one share of common stock.
- The phantom stock becomes payable in common stock upon termination of employment.
- Johnson disposed of 94,654.204 shares of common stock.
- Following these transactions, Johnson directly owns 2,902.2456 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership and compensation.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of transaction: Acquisition of common stock and phantom stock, disposition of common stock. |
| 04/15/2024 | Date of signature by Attorney-In-Fact. |
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