Form 4: Henry Schein Executive Sells Shares for Tax Obligation

Henry Schein's CEO of Products, Thomas C. Popeck, disposed of 587 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Thomas C. Popeck, CEO of Henry Schein Products, reported a disposition of 587 shares of Henry Schein Inc. common stock.
• The transaction occurred on March 16, 2026, at a price of $74.61 per share.
• This disposition was a "sell to cover" transaction, where shares were surrendered to the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units granted on March 16, 2022.
• Following this transaction, Popeck beneficially owns 87,537 shares of Henry Schein Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, a standard tax-related disposition of shares by an executive upon the vesting of restricted stock units, with no implications for company performance or management's long-term outlook.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that "sell to cover" transactions are common for executives receiving equity compensation and are generally not indicative of a change in sentiment towards the company's prospects, especially when tied to vesting events. This is a routine compliance filing within the healthcare products and services industry.

Comparison to Industry Standards

• This is a standard insider transaction for tax purposes, comparable to similar "sell to cover" transactions by executives at other publicly traded companies in the dental and medical supply distribution sector, such as Dentsply Sirona (XRAY) or Patterson Companies (PDCO), when their restricted stock units vest.
• The transaction price of $74.61 per share reflects the market value at the time of the transaction, consistent with how such dispositions are typically executed across the industry.

Related Party Transactions

• The disposition of shares was made to the issuer (Henry Schein, Inc.) to satisfy tax withholding obligations, which is a common form of related-party transaction in the context of executive equity compensation.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine executive compensation and tax event.

Key Dates

Recommendation

This Form 4 filing details a routine "sell to cover" transaction by an executive to satisfy tax obligations upon the vesting of restricted stock units. It does not indicate any change in the company's fundamentals, strategic direction, or the executive's long-term commitment. Therefore, it provides no new information that would warrant a change in an investor's existing position, suggesting a "hold" recommendation.

Keywords

Henry Schein, HSIC, Form 4, insider transaction, stock disposition, restricted stock units, tax withholding, Thomas C. Popeck