HSIC.NASDAQHenry Schein INC

Form 4: Henry Schein Director Scott Serota Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Scott Serota reports acquiring and disposing of Henry Schein Inc. stock, including shares surrendered for tax obligations and those acquired through a director incentive plan.

Summary

  • On March 1, 2024, Scott Serota surrendered 495 shares of Henry Schein Inc. common stock to cover tax obligations at a price of $76.88 per share.
  • On March 4, 2024, Mr. Serota acquired 2,604 shares of common stock under the company's 2023 Non-Employee Director Stock Incentive Plan at $0.00 per share.
  • Following these transactions, Mr. Serota directly owns 5,941 shares and indirectly owns 1,000 shares through the Serota Family Trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Positives

  • Acquisition of 2,604 shares through the Non-Employee Director Stock Incentive Plan indicates confidence in the company's future.

Future Outlook

The restricted stock/units acquired under the 2023 Non-Employee Director Stock Incentive Plan will vest subject to the passage of time and the reporting person's continued performance of services for the Issuer.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
May 24, 2013Date of the Serota Family Trust
March 1, 2023Date of the grant of time-based restricted stock units
March 1, 2024Surrender of shares for tax obligations
March 4, 2024Acquisition of shares under the Non-Employee Director Stock Incentive Plan
March 5, 2024Date of signature for the Form 4 filing

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