Form 4: Henry Schein COO Reports Stock Gifts, Tax Withholding

Henry Schein's EVP & Chief Operating Officer, Michael S. Ettinger, reported gifting shares and surrendering shares for tax obligations, reducing his direct beneficial ownership.

Summary

• Michael S. Ettinger, EVP & Chief Operating Officer of Henry Schein, Inc. (HSIC), reported changes in his beneficial ownership of common stock.
• On March 16, 2026, Ettinger gifted 1,300 shares of common stock at a price of $0.00 per share.
• Also on March 16, 2026, Ettinger surrendered 4,214 shares of common stock to the Issuer at a price of $74.61 per share to satisfy tax withholding obligations upon the vesting of restricted stock units.
• On March 17, 2026, Ettinger gifted an additional 1,000 shares of common stock at a price of $0.00 per share.
• Following these transactions, Ettinger's direct beneficial ownership of common stock is 112,208 shares.
• Ettinger also holds an indirect beneficial ownership of 210 equivalent shares through the Henry Schein, Inc. 401(k) Savings Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. The reported transactions are routine insider dispositions (gifts and tax withholdings) and are often pre-scheduled, thus not indicating a significant shift in company outlook or insider confidence.

Negatives

• Direct beneficial ownership of common stock decreased by a total of 6,514 shares due to gifts and tax withholding obligations.

Future Outlook

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

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving gifts or tax-related share surrenders, are common and often pre-arranged under Rule 10b5-1 plans. These types of transactions are generally considered routine and typically do not signal a significant change in management's sentiment towards the company's future prospects, unlike open market sales.

Related Party Transactions

• Gifts of common stock by Michael S. Ettinger, EVP & Chief Operating Officer, to an unspecified recipient.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but generally not indicative of a change in company fundamentals or management confidence due to the nature of the transactions (gifts, tax withholding).

Key Dates

Keywords

Henry Schein, HSIC, Insider Transaction, Form 4, Beneficial Ownership, Stock Gift, Tax Withholding, Executive Compensation, 10b5-1 Plan