Form 4: Henry Schein Inc. Chairman and CEO Stanley M. Bergman Reports Changes in Beneficial Ownership

Stanley M. Bergman, Chairman and CEO of Henry Schein Inc., reports transactions involving company stock, including a transfer to a related trust, the grant of restricted stock units, and holdings in a 401(k) plan.

Summary

• On March 1, 2024, Stanley M. Bergman transferred 3,500 shares of Henry Schein Inc. common stock to a related trust.
• On March 4, 2024, Bergman acquired 101,117 shares of common stock through a grant of restricted stock units (RSUs) under the company's 2020 Stock Incentive Plan.
• Bergman also has an interest in 9,599 equivalent shares of Henry Schein common stock held by the unitized stock fund in the Henry Schein, Inc. 401(k) Savings Plan.
• Following these transactions, Bergman directly owns 269,750 shares and indirectly owns 477,950 shares.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information. The RSU grant could be seen as mildly positive, aligning management incentives with shareholder value.

Positives

• The grant of 101,117 restricted stock units (RSUs) to the Chairman and CEO aligns his interests with the company's performance.
• The vesting of the RSUs is tied to both performance goals and continued service, incentivizing long-term commitment and achievement.

Future Outlook

The vesting of the restricted stock units is contingent upon the Issuer's achievement of a specified performance goal and the reporting person's continued performance of services for the Issuer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Related Party Transactions

• The transfer of 3,500 shares to a related trust is a related party transaction.

Stakeholder Impact

• The RSU grant aligns management's interests with those of shareholders, potentially driving long-term value creation.
• Transparency in insider transactions, as provided by this Form 4, helps maintain investor confidence.

Key Dates