Form 4: Dentsply Sirona Executive VP & CFO Glenn Coleman Reports Acquisition of Restricted Stock Units and Stock Options

Glenn Coleman, Executive VP & CFO of Dentsply Sirona, reports the acquisition of 18,780 Restricted Stock Units and 62,800 stock options on March 4, 2024.

Summary

• On March 4, 2024, Glenn Coleman, Executive VP & CFO of Dentsply Sirona, acquired 18,780 Restricted Stock Units (RSUs) at a price of $0.
• These RSUs vest in annual one-third increments over a three-year period, ending on March 4, 2027.
• Coleman also acquired 62,800 stock options with an exercise price of $33.28 on the same date.
• These stock options vest in annual one-third increments over a three-year period, also ending on March 4, 2027.
• Following these transactions, Coleman directly owns 88,449.014 shares of Dentsply Sirona common stock and 62,800 stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing reflecting compensation and doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of RSUs and stock options by a key executive signals confidence in the company's future performance.

Future Outlook

The vesting schedules for the RSUs and stock options indicate a multi-year commitment by the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• The acquisition of RSUs and stock options aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.

Key Dates