Form 4: Dentsply Sirona Executive Robert Anthony Johnson Reports Changes in Beneficial Ownership

Robert Anthony Johnson, SVP and Chief Supply Chain Officer at Dentsply Sirona, reports acquisition of restricted stock units and phantom stock due to dividends.

Summary

• Robert Anthony Johnson, a senior executive at Dentsply Sirona, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report indicates the acquisition of 797.473 shares of common stock through dividends on restricted stock units (RSUs).
• These RSUs vest according to the same terms as the underlying awards and convert to common stock on a 1:1 basis.
• Johnson also acquired 38.0373 shares of phantom stock due to accrued dividends within the Supplemental Executive Retirement Plan (SERP).
• Each share of phantom stock is equivalent to one share of common stock and becomes payable upon termination of employment.
• Following these transactions, Johnson beneficially owns 122,089.718 shares of common stock and 3,002.7688 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates

Keywords

Form 4, beneficial ownership, Dentsply Sirona, XRAY, Robert Anthony Johnson, restricted stock units, phantom stock, dividends, SERP, executive compensation