Henry Schein CEO granted stock options and RSUs
Henry Schein Inc. reported that CEO Frederick M. Lowery received new equity compensation awards.
Rhea-AI Filing Summary
Henry Schein Inc. reported that CEO Frederick M. Lowery received new equity compensation awards. He was granted stock options for 177,116 shares with an exercise price of $77.60 per share, expiring in 2036, which vest in equal parts over four years, subject to continued service.
Lowery also received 64,433 shares of common stock as restricted stock units under the 2024 Stock Incentive Plan. Half of these are performance stock units that vest on the third anniversary based on achievement of specified goals, with payout ranging from 0% to 200%, and half are time-based RSUs vesting over four years. Following these grants, he directly owns 95,156 common shares in addition to the new option award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option Right to Buy | 177,116 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 64,433 | $0.00 | $0.00 |
Footnotes (3)
- F1. Grant of restricted stock units pursuant to the Issuer's 2024 Stock Incentive Plan. Subject to certain exceptions, (i) 50% will vest on the third anniversary of the grant date upon Issuer's achievement of specified performance goals ("PSUs") and (ii) 50% will vest ratably on each of the first four anniversaries of the grant date ("RSUs"), in each case subject to continued service through the applicable vesting date. The payout for PSUs scale with performance, ranging from 0% to a maximum of 200%.
- F2. Acquired pursuant to the Issuer's 2024 Stock Incentive Plan.
- F3. Subject to certain exceptions, the options will vest ratably on each of the first four anniversaries of the grant date subject to reporting person's continued performance of services for the Issuer.
FAQ
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What stock option grant did Henry Schein (HSIC) CEO Frederick Lowery receive?
How many restricted stock units did HSIC grant to CEO Frederick Lowery?
How do Frederick Lowery’s performance stock units at Henry Schein vest?
What are the vesting terms for Frederick Lowery’s Henry Schein stock options?
Were Frederick Lowery’s recent HSIC equity awards open-market purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.