Henry Schein (HSIC) executive granted 60,631 performance and time-based RSUs
Rhea-AI Filing Summary
Albertini Andrea reported acquisition or exercise transactions in this Form 4 filing.
Henry Schein Inc. executive Andrea Albertini, CEO, Global Distribution & Technology, received a grant of 60,631 shares of common stock as equity compensation. Following this award, he directly holds 122,092 shares.
The grant consists of restricted stock units under the 2024 Stock Incentive Plan. Half of the grant is performance-based and will vest on the third anniversary of the grant date if specified performance goals are met, with payout for these performance stock units scaling from 0% to a maximum of 200%. The remaining half will vest in equal installments on each of the first four anniversaries of the grant date, in each case subject to continued service.
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Insights
Albertini receives a sizable time- and performance-based stock grant, typical for senior executives.
Andrea Albertini received 60,631 shares of Henry Schein common stock as restricted stock units under the 2024 Stock Incentive Plan. This is recorded as an acquisition at zero price, reflecting a compensation grant rather than an open-market purchase.
The structure splits 50% into performance stock units that vest on the third anniversary if performance goals are achieved, with payouts ranging from 0% to 200%, and 50% into time-based RSUs vesting over four years. This design links a substantial portion of compensation to both long-term company performance and continued service, a common alignment mechanism for senior leadership incentives.
FAQ
What did Andrea Albertini report in the latest Henry Schein (HSIC) Form 4 filing?
How is Andrea Albertini’s new Henry Schein (HSIC) stock grant structured?
What is the performance payout range for Andrea Albertini’s Henry Schein PSUs?
What is Andrea Albertini’s total Henry Schein (HSIC) share ownership after this grant?
Does Andrea Albertini’s Henry Schein Form 4 show a stock purchase or a compensation award?