Form 4: Henry Schein Director Reed Vaughn Tuckson Reports Stock Transactions
SEC Form 4 Filing
Director Reed Vaughn Tuckson reports stock transactions involving Henry Schein Inc. shares, including the surrender of shares for tax obligations and acquisition of shares under the Non-Employee Director Stock Incentive Plan.
Summary
- Reed Vaughn Tuckson, a director of Henry Schein Inc. (HSIC), filed a Form 4 detailing changes in beneficial ownership.
- On March 1, 2024, Tuckson surrendered 495 shares of common stock at a price of $76.88 to satisfy tax withholding obligations related to the vesting of restricted stock units granted on March 1, 2023.
- On March 4, 2024, Tuckson acquired 2,604 shares of common stock under the Issuer's 2023 Non-Employee Director Stock Incentive Plan at $0.00.
- Following these transactions, Tuckson directly owns 8,158 shares of Henry Schein Inc.
- The restricted stock units acquired on March 4, 2024, will vest subject to the passage of time and continued service to the Issuer.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a company director. The acquisition of shares under the incentive plan is a slightly positive signal.
Positives
- The acquisition of shares under the Non-Employee Director Stock Incentive Plan demonstrates Tuckson's continued investment and alignment with the company's success.
Future Outlook
The restricted stock/units acquired will vest subject to the passage of time and continued service to the Issuer.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding the director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date of original grant of time-based restricted stock/units. |
| 03/01/2024 | Surrender of shares to cover tax obligations. |
| 03/04/2024 | Acquisition of shares under the Non-Employee Director Stock Incentive Plan. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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