Director Serota receives 2,577 Henry Schein (HSIC) shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Henry Schein Inc. director Scott Philip Serota reported an equity award in the company’s common stock. He acquired 2,577 shares on a grant or award basis at $0.00 per share, bringing his directly held stake to 10,790 shares.
The award was granted under Henry Schein’s 2023 Non-Employee Director Stock Incentive Plan. According to the terms, these restricted stock units generally vest after a 12‑month cliff period, conditioned on the passage of time and his continued service to the company.
Separately, an additional 1,000 shares are reported as held indirectly by the Serota Family Trust, for which Mr. Serota and his wife serve as both trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Serota Scott Philip
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,577 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 10,790 shares (Direct);
Common Stock, par value $0.01 per share — 1,000 shares (Indirect, By Trust)
Footnotes (1)
- Acquired pursuant to the Issuer's 2023 Non-Employee Director Stock Incentive Plan. Subject to certain exceptions, such restricted stock units will vest subject to (i) the passage of a specified period of time (12-months cliff vesting) and (ii) the reporting person's continued performance of services for the Issuer. Represents shares held by the Serota Family Trust, dated May 24, 2013 of which Mr. Serota and his wife are both the trustees and beneficiaries.
FAQ
What did Henry Schein (HSIC) director Scott Philip Serota report on this Form 4?
Scott Philip Serota reported receiving an equity award of Henry Schein common stock. He acquired 2,577 shares at $0.00 per share, increasing his directly held position to 10,790 shares following the transaction, according to the Form 4 disclosure.
Under which plan was the Henry Schein (HSIC) stock granted to Scott Philip Serota?
The shares were acquired under Henry Schein’s 2023 Non-Employee Director Stock Incentive Plan. This plan provides equity awards to non-employee directors, with the reported grant structured as restricted stock units that vest over a defined service period.
What are the vesting terms of Scott Philip Serota’s Henry Schein (HSIC) restricted stock units?
The restricted stock units generally vest after a 12‑month cliff period. Vesting is subject to the passage of this specified time and Mr. Serota’s continued performance of services for Henry Schein, as described in the Form 4 footnote.
What is the Serota Family Trust’s indirect holding in Henry Schein (HSIC)?
The Form 4 reports 1,000 Henry Schein shares held indirectly by the Serota Family Trust. Mr. Serota and his wife serve as both trustees and beneficiaries of this trust, which is noted in the filing’s explanatory footnote.