Form 4: Henry Schein Director Carole T. Faig Acquires Shares Under Stock Incentive Plan

Director Carole T. Faig acquired 2,604 shares of Henry Schein Inc. common stock on March 4, 2024, under the company's 2023 Non-Employee Director Stock Incentive Plan.

Summary

• Carole T. Faig, a director of Henry Schein Inc., acquired 2,604 shares of common stock on March 4, 2024.
• The acquisition was made under the Issuer's 2023 Non-Employee Director Stock Incentive Plan.
• The shares were acquired at a price of $0.00.
• Following the transaction, Ms. Faig directly owns 2,604 shares of Henry Schein Inc.
• The restricted stock/units will vest subject to the passage of a specified period of time and the reporting person's continued performance of services for the Issuer.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of shares by a director is generally a positive sign, indicating confidence in the company. The stock incentive plan is a standard practice.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The stock incentive plan aligns the interests of directors with those of shareholders.

Future Outlook

The acquired shares are subject to vesting requirements based on time and continued service, suggesting a long-term commitment from the director.

Industry Context

Stock incentive plans are a common practice in publicly traded companies to incentivize and retain key personnel, aligning their interests with those of the shareholders.

Comparison to Industry Standards

• Stock incentive plans for non-employee directors are a common practice among publicly traded companies.
• The specific terms of the vesting schedule (time-based and service-based) are typical for such plans.
• Comparing the number of shares granted and the vesting schedule to similar companies in the healthcare distribution industry would provide a benchmark for the generosity and effectiveness of the plan.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.
• The stock incentive plan can motivate the director to act in the best interests of the company and its stakeholders.

Key Dates