Henry Schein (NASDAQ: HSIC) COO logs stock disposals tied to award vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Henry Schein’s EVP & Chief Operating Officer Michael S. Ettinger reported dispositions of company stock tied to equity award vesting, rather than open-market sales. On February 27, 2026, he disposed of 9,047 shares of common stock back to the issuer and an additional 914 shares at $82.39 per share to satisfy tax withholding obligations on his March 1, 2023 performance-based restricted stock/unit grant, according to the footnotes. After these transactions, he directly held 91,661 shares and had an indirect interest in the equivalent of 210 shares through the Henry Schein 401(k) Savings Plan’s unitized stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ettinger Michael S
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.01 per share | 9,047 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 914 | $82.39 | $75K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 92,575 shares (Direct);
Common Stock, par value $0.01 per share — 210 shares (Indirect, By 401(k) plan)
Footnotes (1)
- Represents the surrender of shares to the Issuer to satisfy the reporting person's tax withholding obligation upon the vesting of the reporting person's March 1, 2023 grant of performance-based restricted stock/units. (Actual vesting date of March 1, 2026 was a non-business day so vesting occurred on the preceding business day.) Reflects the reporting person's interest in equivalent shares of Henry Schein common stock held by the unitized stock fund in the Henry Schein, Inc. 401(k) Savings Plan (the "Plan"). The unitized stock fund consists of Henry Schein common stock and cash or cash equivalents. The number of shares attributed to the reporting person as a participant in the Plan and expressed as equivalent shares has been calculated based on the closing price of Henry Schein common stock on February 27, 2026.
FAQ
What did Henry Schein (HSIC) executive Michael S. Ettinger report in this Form 4?
Michael S. Ettinger reported stock dispositions related to equity award vesting. He surrendered 9,047 shares to the issuer and 914 shares at $82.39 per share for tax withholding, all on February 27, 2026, rather than executing open-market sales.
What are Michael S. Ettinger’s HSIC holdings after these Form 4 transactions?
After the reported transactions, he directly held 91,661 shares of Henry Schein common stock. He also had an indirect interest equivalent to 210 shares via the unitized stock fund in the Henry Schein, Inc. 401(k) Savings Plan, based on the stated calculation method.
What does the Form 4 disclose about Michael S. Ettinger’s 401(k) holdings in HSIC?
The Form 4 notes his interest in equivalent Henry Schein shares in the company 401(k) Savings Plan. These are held in a unitized stock fund of stock plus cash, with his 210 equivalent shares calculated using the February 27, 2026 closing stock price.