XRAY insider filing: 17,200 options, 3,858 RSUs; 24,047 RSUs gifted
Rhea-AI Filing Summary
Gregory T. Lucier, a director of DENTSPLY SIRONA Inc. (XRAY), reported equity awards and transfers dated 08/08/2025. The filing shows a grant of 3,858 restricted stock units (RSUs) that vest in full one year from the grant date, and a separate transfer/gift of 24,047 RSUs to a family partnership in which the reporting person disclaims beneficial ownership except for any pecuniary interest.
The report also shows an indirect holding of 21,000 shares held in the reporting person's IRA and a grant of 17,200 stock options with an exercise price of $12.96, vesting in one year and expiring on 08/08/2035. The form includes post-transaction beneficial ownership figures for the reporting person and related accounts as provided in the filing.
Positive
- Time-based RSUs and options vest in one year, aligning management incentives with future performance
- Full disclosure of gift to family partnership and IRA holdings increases transparency about beneficial ownership
- Option terms disclosed (17,200 options at $12.96 strike, expiring 08/08/2035) enable clear modeling of potential insider exercises
Negative
- 24,047 RSUs transferred to a family partnership where the spouse is general partner, which may concentrate voting/dispositive power outside direct ownership
- Disclaimed beneficial ownership for the gifted RSUs reduces clarity on true economic vs. voting control without further detail
Insights
TL;DR: Routine director compensation with family-partnership transfer noted; governance disclosure is explicit about voting/dispositive power.
The Form 4 documents a typical director equity grant structure: time-based RSUs and stock options that vest one year after grant, aligning compensation with future service. The filing explicitly discloses a 24,047 RSU gift to a family partnership and states the spouse serves as general partner, which the filer notes may control voting and dispositive power. This disclosure is important for transparency around beneficial ownership and potential voting influence.
TL;DR: Compensation mix of RSUs and options is standard; option strike and vest/expiry schedule are material to option economics.
The disclosure shows a 17,200 option grant with a $12.96 exercise price, exercisable one year after grant and expiring on 08/08/2035, and RSUs that vest in full after one year. For investors modeling dilution or potential insider exercising, the exercise price and amounts are explicit. The IRA holding of 21,000 shares and reported post-transaction beneficial ownership figures should be used as reported when assessing insider holdings.