Form 4: Henry Schein CEO Sells $4M in Company Stock

Henry Schein Chairman and CEO Stanley M. Bergman reported the sale of 49,131 shares of common stock across multiple transactions in late February 2026.

Summary

• Stanley M. Bergman, Chairman, CEO, and Director of Henry Schein, Inc. (HSIC), reported the sale of 49,131 shares of common stock.
• The transactions occurred on February 26, 2026, and February 27, 2026.
• Sales were made pursuant to a Rule 10b5-1(c) plan, indicating pre-scheduled transactions.
• On February 26, 2026, 31,134 shares were sold indirectly by spouse at a weighted average price of $80.9 per share.
• Also on February 26, 2026, an additional 7,212 shares were sold indirectly by spouse at a weighted average price of $81.51 per share.
• On February 27, 2026, 10,785 shares were sold directly at a weighted average price of $81.2 per share.
• Following these transactions, Bergman directly owns 309,092 shares and indirectly owns 427,615 shares through his spouse's trusts and 9,823 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral to slightly negative event. While insider selling can be a concern, the execution under a 10b5-1 plan suggests a pre-planned, routine transaction rather than a sudden loss of confidence.

Positives

• The sales were conducted under a Rule 10b5-1 plan, indicating they were pre-scheduled and not a reaction to recent negative company developments, which can mitigate negative market perception.

Negatives

• Significant insider selling by the Chairman and CEO, even if planned, can sometimes be perceived by the market as a signal of reduced confidence or a desire for diversification.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider sales, particularly by a company's Chairman and CEO, are closely monitored by investors as potential indicators of management's sentiment. While these sales were executed under a Rule 10b5-1 plan, suggesting they were pre-arranged for personal financial planning or diversification, the volume of shares sold by a key executive can still draw market attention.

Stakeholder Impact

• Shareholders may interpret the insider sales as a signal, potentially influencing investor confidence, although the 10b5-1 plan mitigates the immediate negative implications.

Key Dates

Recommendation

The sales by Chairman and CEO Stanley M. Bergman, while significant in volume, were executed under a Rule 10b5-1 plan, indicating they were pre-scheduled and not necessarily a reaction to new negative information. Investors should monitor future filings and broader company performance rather than overreacting to these planned transactions, maintaining a 'hold' position unless other fundamental changes emerge.

Keywords

Henry Schein, HSIC, Stanley Bergman, CEO, Director, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan