Form 4: Dentsply Sirona Inc. Executive Leslie F. Varon Reports Changes in Beneficial Ownership

Leslie F. Varon, an executive at Dentsply Sirona Inc., reported changes in beneficial ownership of the company's common stock due to the acquisition of dividend equivalents on restricted stock units.

Summary

• On April 12, 2024, Leslie F. Varon, an officer of Dentsply Sirona Inc., reported a transaction involving the company's common stock.
• Varon acquired 36.052 shares of common stock as dividend equivalents on restricted stock units (RSUs).
• These dividend equivalents are in the form of additional RSUs and are subject to the same vesting terms as the underlying awards.
• The dividends vest simultaneously with the RSUs to which they relate.
• Each RSU converts to common stock on a 1:1 basis.
• Following the transaction, Varon beneficially owns 25,558.303 shares of Dentsply Sirona Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the acquisition of shares through dividend equivalents, which is a common practice for compensating executives with equity.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the routine granting of dividend equivalents to an executive.

Key Dates