Form 4: Henry Schein Director Steven Paladino Reports Stock Transactions

Director Steven Paladino reports stock transactions including share surrenders for tax obligations and acquisition of shares under the company's incentive plan.

Summary

• On March 1, 2024, Steven Paladino surrendered 1,872 shares of Henry Schein Inc. common stock at $76.88 per share to cover tax obligations related to the vesting of restricted stock units granted on March 3, 2020.
• Additionally, on March 1, 2024, 495 shares were surrendered at $76.88 per share for tax obligations related to the vesting of restricted stock units granted on March 1, 2023.
• On March 4, 2024, Paladino acquired 2,604 shares under the 2023 Non-Employee Director Stock Incentive Plan at $0.00 per share.
• Paladino's holdings include 138,272 shares held directly and 6,675 shares held indirectly through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to compensation and tax obligations. There are no explicit positive or negative indicators for the company's overall performance.

Positives

• Acquisition of 2,604 shares under the 2023 Non-Employee Director Stock Incentive Plan indicates continued alignment with the company's long-term performance.

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 insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company.

Comparison to Industry Standards

• Comparing Paladino's transactions to similar filings by directors at companies like McKesson or Cardinal Health shows similar patterns of stock grants, vesting, and tax-related share surrenders.
• The size of the stock grants and holdings are typical for directors at companies of Henry Schein's size and market capitalization.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to insider holdings and compensation.

Key Dates