HSIC.NASDAQHenry Schein INC

Form 4: Henry Schein Director Reed Vaughn Tuckson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Reed Vaughn Tuckson reports acquisition and disposal of Henry Schein Inc. stock related to tax obligations and a stock incentive plan.

Summary

  • Reed Vaughn Tuckson, a director at Henry Schein Inc. (HSIC), reported changes in beneficial ownership of the company's stock on March 4, 2025.
  • Tuckson surrendered 572 shares to cover tax obligations related to the vesting of restricted stock units at a price of $70.31 per share.
  • He also acquired 2,844 shares of common stock under the 2023 Non-Employee Director Stock Incentive Plan.
  • These restricted stock units will vest over time, contingent on continued service to the Issuer.
  • Following these transactions, Tuckson directly owns 7,586 shares and 10,430 shares of Henry Schein Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions reflect standard compensation practices and alignment of director interests with the company's performance.

Positives

  • The acquisition of 2,844 shares under the Non-Employee Director Stock Incentive Plan aligns Tuckson's interests with the company's long-term performance.
  • The vesting of restricted stock units incentivizes continued service and commitment from the director.

Future Outlook

The restricted stock units acquired will vest over time, contingent on continued service to the Issuer.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Comparison to Industry Standards

  • Stock incentive plans for non-employee directors are common across publicly traded companies to align director compensation with shareholder value.
  • Companies like Patterson Companies (PDCO) and McKesson Corporation (MCK) also utilize stock-based compensation for their directors.
  • The vesting schedules and terms of these plans are typically disclosed in proxy statements and other SEC filings.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding director ownership and compensation.
  • The stock incentive plan aims to align director interests with shareholder value.

Key Dates

DateDescription
03/04/2024Date of the grant of time-based restricted stock/units.
03/04/2025Date of stock surrender for tax obligations and acquisition of shares under the stock incentive plan.
03/06/2025Date of signature on the Form 4 filing.

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