Form 4: Dentsply Sirona SVP, CHRO Andrea L. Frohning Reports Acquisition of Common Stock and Phantom Stock Due to Dividends

Andrea L. Frohning, SVP, CHRO of Dentsply Sirona Inc., reports the acquisition of common stock and phantom stock due to dividends on restricted stock units and accrued dividends, respectively.

Summary

• On April 11, 2025, Andrea L. Frohning, SVP, CHRO of Dentsply Sirona Inc., acquired 321.623 shares of common stock at $1 per share due to dividends on restricted stock units (RSUs).
• These RSUs vest simultaneously with the underlying awards and convert to common stock on a 1:1 basis.
• Frohning also acquired 21.4948 shares of phantom stock at $12.47 per share as a result of 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 in common stock upon termination of employment.
• Following these transactions, Frohning beneficially owns 33,736.148 shares of common stock and 1,696.8959 shares of phantom stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it is a standard SEC filing detailing stock transactions. The acquisitions are due to dividends, which is generally a positive sign, but the document itself is purely informational.

Positives

• The acquisition of common stock and phantom stock is a result of dividends, indicating a return on existing holdings.
• The vesting terms of the RSUs align with the underlying awards, providing a clear vesting schedule.
• The phantom stock provides an economic equivalent to common stock, payable upon termination of employment, offering a deferred benefit.

Industry Context

This Form 4 filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a key executive.
• The transactions themselves have a minimal direct impact on other stakeholders.

Key Dates

Keywords

Dentsply Sirona, XRAY, Andrea L. Frohning, SVP, CHRO, Common Stock, Phantom Stock, Dividends, Restricted Stock Units, SERP, Beneficial Ownership, Form 4