Form 4: Dentsply Sirona Executive VP Glenn Coleman Reports Changes in Beneficial Ownership

Executive VP & CFO of Dentsply Sirona, Glenn Coleman, reports acquisition of restricted stock units and phantom stock due to dividends, as well as disposal of common stock.

Summary

• Glenn Coleman, Executive VP & CFO of Dentsply Sirona, filed a Form 4 detailing changes in beneficial ownership.
• On April 12, 2024, Coleman acquired 302.443 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.
• Coleman also acquired 9.4552 shares of phantom stock due to accrued dividends within the Supplemental Executive Retirement Plan (SERP).
• Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon termination of employment.
• Coleman disposed of 88,751.457 shares of common stock.
• Following these transactions, Coleman beneficially owns 88,751.457 shares of common stock and 1,868.2052 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership changes, common in publicly traded companies.

Stakeholder Impact

• The changes in beneficial ownership may be of interest to shareholders.

Key Dates