Form 4: Henry Schein Executive Mark E. Mlotek Reports Stock Transactions
SEC Form 4 Filing
Mark E. Mlotek, EVP and Chief Strategic Officer of Henry Schein Inc., reports the disposition of shares to cover tax obligations and updates on beneficial ownership.
Summary
- On March 1, 2024, Mark E. Mlotek, EVP and Chief Strategic Officer of Henry Schein Inc., reported transactions involving the company's common stock.
- Mlotek surrendered 3,796 shares to the issuer to satisfy tax withholding obligations upon the vesting of his March 3, 2020, grant of time-based restricted stock/units at a price of $76.88 per share.
- Following the transaction, Mlotek directly owns 64,099 shares, which includes shares held in joint tenancy with his spouse.
- Mlotek also indirectly owns 2,100 shares as trustee of a trust for the benefit of family members and 4,088 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposition of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/03/2020 | Date of original grant of time-based restricted stock/units. |
| 03/01/2024 | Date of transaction: surrender of shares for tax withholding. |
| 03/03/2024 | Actual vesting date of restricted stock/units (occurred on preceding business day). |
| 03/05/2024 | Date of Form 4 filing. |
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