Form 4: Henry Schein Director Anne H. Margulies Reports Stock Transactions
SEC Form 4 Filing
Director Anne H. Margulies reports stock transactions including disposition for tax obligations and acquisition under the Non-Employee Director Stock Incentive Plan.
Summary
- On March 1, 2024, Anne H. Margulies disposed of 495 shares of Henry Schein Inc. common stock at a price of $76.88 to cover tax obligations.
- On March 4, 2024, Anne H. Margulies acquired 2,604 shares of Henry Schein Inc. common stock under the 2023 Non-Employee Director Stock Incentive Plan.
- Following these transactions, Margulies directly owns 20,284 shares of Henry Schein Inc. common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as the transactions are routine and related to compensation and tax obligations.
Positives
- Acquisition of 2,604 shares indicates continued investment in the company by the director.
- The acquisition was made under the 2023 Non-Employee Director Stock Incentive Plan, aligning director interests with company performance.
Future Outlook
The restricted stock/units acquired will vest subject to the passage of time and the reporting person's continued performance of services for the Issuer.
Industry Context
Directors' stock transactions are routinely monitored as indicators of company health and management's confidence. Acquisitions under incentive plans are common.
Comparison to Industry Standards
- Director stock ownership is a common practice across publicly traded companies.
- Equity compensation is a standard component of director compensation packages, aligning their interests with shareholders.
- Companies like McKesson and Cardinal Health also utilize stock incentive plans for their directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are part of standard director compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Disposition of 495 shares for tax obligations. |
| 03/04/2024 | Acquisition of 2,604 shares under the Non-Employee Director Stock Incentive Plan. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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