Form 4: Henry Schein Executive James Breslawski Reports Stock Grant

James Breslawski, President of Henry Schein, Inc., reports the acquisition of 3,313 shares of common stock through a restricted stock unit (RSU) grant.

Summary

• On March 10, 2025, James Breslawski, President of Henry Schein, Inc., reported a transaction involving the acquisition of 3,313 shares of common stock.
• This acquisition was a grant of restricted stock units (RSUs) under the company's 2024 Stock Incentive Plan.
• The RSUs vest in two tranches: 50% based on the company's achievement of specified performance goals and the reporting person's continued service, and 50% based on the passage of time and continued service.
• The reporting person now beneficially owns 206,542 shares of Henry Schein stock.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation matter, which is generally viewed neutrally to positively as it aligns management with shareholder interests. The vesting structure based on performance is a positive sign.

Positives

• The grant of RSUs aligns the executive's interests with the company's performance, incentivizing him to achieve specified performance goals.
• The vesting structure, which includes both performance-based and time-based components, provides a balanced approach to incentivizing long-term value creation.

Future Outlook

The vesting of the performance-based RSUs is contingent on the Issuer's achievement of specified performance goals, which may impact future financial results.

Industry Context

This type of stock grant is a common practice in executive compensation, particularly in publicly traded companies, to align management's interests with those of shareholders.

Comparison to Industry Standards

• Stock grants and RSU awards are standard components of executive compensation packages in publicly traded companies like Henry Schein.
• Companies such as Patterson Companies and McKesson Corporation, which operate in similar industries, also utilize stock-based compensation to incentivize their executives.
• The specific terms of the vesting schedule (performance vs. time-based) are tailored to the company's specific goals and industry dynamics.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the executive to improve company performance.
• Employees may see the grant as a sign of the company's commitment to rewarding its leadership.

Key Dates