HSIC.NASDAQHenry Schein INC

Form 4: Henry Schein EVP Mark Mlotek Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Mark Mlotek, EVP and Chief Strategic Officer of Henry Schein, Inc., reports the surrender of shares to cover tax obligations and holdings in trusts and a 401(k) plan.

Summary

  • Mark Mlotek, EVP and Chief Strategic Officer of Henry Schein, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On March 3, 2025, Mlotek surrendered 6,075 shares of common stock to satisfy tax withholding obligations upon the vesting of restricted stock units, at a price of $70.81 per share.
  • Following the transaction, Mlotek directly owns 80,210 shares, which includes shares held in joint tenancy with his spouse.
  • He also indirectly owns 3,666 shares as trustee of trusts for family members and 4,088 shares through the company's 401(k) plan.
  • A transfer of 1,566 shares from Mlotek to family trusts occurred on August 16, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and are required by the SEC.
  • The information disclosed is consistent with what is expected for executives at publicly traded companies like Henry Schein.
  • Comparable companies such as Patterson Companies and McKesson Corporation also have executives who regularly file Form 4s to report similar transactions.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock transactions.
  • The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
08/16/2024Transfer of 1,566 shares from Mark Mlotek to trusts for the benefit of family members.
03/03/2025Surrender of 6,075 shares to the Issuer to satisfy the reporting person's tax withholding obligation.
03/04/2025Date of signature of the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.