Form 4: Henry Schein COO Michael Ettinger's Stock Vesting & Tax Sales

Henry Schein's EVP & COO, Michael S. Ettinger, reported the disposition of shares to cover tax obligations following the vesting of performance-based restricted stock units.

Summary

• Michael S. Ettinger, Executive Vice President and Chief Operating Officer of Henry Schein, Inc. (HSIC), reported transactions involving the company's common stock.
• On February 27, 2026, Ettinger disposed of 9,047 shares of Common Stock.
• An additional 914 shares of Common Stock were surrendered to Henry Schein, Inc. on February 27, 2026, at a price of $82.39 per share.
• This surrender of 914 shares was specifically to satisfy tax withholding obligations upon the vesting of performance-based restricted stock/units granted on March 1, 2023.
• The actual vesting date of March 1, 2026, was a non-business day, so vesting occurred on the preceding business day, February 27, 2026.
• Following these reported transactions, Ettinger directly beneficially owns 91,661 shares of Henry Schein Common Stock.
• Ettinger also indirectly beneficially owns 210 equivalent shares of Henry Schein common stock through the company's 401(k) Savings Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine executive compensation transaction with no direct positive or negative implications for the company's financial health or future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executive stock transactions, often related to compensation plans. These transactions are common and typically do not reflect a change in the company's operational performance or strategic direction within the healthcare products and services industry.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving the vesting of restricted stock units and the subsequent disposition of shares for tax withholding. Such transactions are standard and do not typically indicate a change in the company's operational performance or strategic direction, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Henry Schein, HSIC, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Michael S. Ettinger, COO, Restricted Stock Units, Tax Withholding