Form 4: Henry Schein Inc. Executive James Breslawski Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
James Breslawski, Vice Chairman and President of Henry Schein Inc., sold 2,907 shares of common stock at $74.37 per share on March 18, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 18, 2024, James Breslawski, the Vice Chairman and President of Henry Schein Inc., sold 2,907 shares of the company's common stock.
- The sale was executed at a price of $74.37 per share.
- Following the transaction, Breslawski directly owns 209,562 shares of Henry Schein Inc.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on September 19, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative prospects for the company.
Industry Context
Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under 10b5-1 plans are generally viewed as less informative.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 09/19/2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 03/18/2024 | Date of the transaction (stock sale) |
| 03/19/2024 | Date of Form 4 filing |
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