Form 4: Henry Schein CEO Thomas Popeck Reports Stock Grant and Disposal
SEC Form 4 Filing
Thomas Popeck, CEO of Henry Schein Products, reports the acquisition of restricted stock units and disposal of common stock.
Summary
- On March 10, 2025, Thomas C. Popeck, CEO of Henry Schein Products, reported transactions involving Henry Schein Inc. [HSIC] common stock.
- Popeck acquired 14,247 shares of common stock through a grant of restricted stock units (RSUs) under the company's 2024 Stock Incentive Plan.
- He also disposed of 36,792 shares of common stock.
- Following these transactions, Popeck beneficially owns 36,792 shares of Henry Schein Inc.
- The restricted stock units vest based on performance goals and continued service, with potential adjustments based on goal achievement.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't contain overtly positive or negative information, but the granting of RSUs can be seen as a positive sign of confidence in the company's future.
Positives
- The grant of RSUs aligns executive compensation with company performance and long-term value creation.
- The vesting structure incentivizes continued service and achievement of performance targets.
Risks
- The value of the RSUs is subject to the performance of Henry Schein's stock price.
- Failure to meet performance goals could result in fewer shares vesting or the surrender of shares.
Future Outlook
The vesting of the RSUs is contingent upon future performance and continued service, indicating a focus on long-term value creation.
Industry Context
Stock grants and RSU awards are common practices in executive compensation within publicly traded companies to align management interests with shareholder value.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive incentive for management to drive company performance.
- Employees may see the stock incentive plan as a way to align their interests with the company's success.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock grant and disposal transactions. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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