Form 4: Henry Schein EVP Michael Ettinger Reports Stock Transaction to Cover Tax Obligations

EVP and Chief Operating Officer of Henry Schein, Michael Ettinger, reports a transaction involving the surrender of shares to cover tax obligations related to vested restricted stock units.

Summary

• On March 3, 2025, Michael S. Ettinger, EVP & Chief Operating Officer of Henry Schein Inc., reported a transaction to the SEC.
• The transaction involved the surrender of 4,675 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
• The price per share for the transaction was $70.81.
• Following the transaction, Ettinger directly owns 83,031 shares of Henry Schein common stock.
• Ettinger also indirectly owns 210 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a neutral, routine regulatory filing related to stock transactions for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive exercised stock options or had restricted stock units vest, and then surrendered shares to cover the associated tax obligations. This is a common practice.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine transaction related to executive compensation and tax obligations.

Key Dates