DENTSPLY SIRONA (XRAY) CEO Scavilla receives 2.07M stock options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DENTSPLY SIRONA Inc. President and CEO Daniel T. Scavilla reported equity compensation awards. He received stock options covering 2,066,600 shares, which vest in annual one-third increments over three years ending March 4, 2029, with an exercise price equal to 115% of the closing price on the grant date.
He also received 145,089 shares of common stock in the form of Restricted Stock Units, vesting one-third annually over the same three-year period ending March 4, 2029. Following these awards, his directly owned common stock holdings increased to 161,839.066 shares, and he directly holds 2,066,600 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Scavilla Daniel T
Role
President, CEO & Member of BOD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,066,600 | $0.00 | -- |
| Grant/Award | Common Stock | 145,089 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,066,600 shares (Direct);
Common Stock — 161,839.066 shares (Direct)
Footnotes (1)
- Award consists entirely of Restricted Stock Units (RSUs) which vest in annual one-third (1/3) increments over a three-year (3) period ending March 4, 2029. Stock options vest in annual one-third (1/3) increments over a three-year (3) period ending March 4, 2029, with an exercise price equal to 115% of the closing price of the Issuer's common stock as of the date of grant.
FAQ
What insider transaction did DENTSPLY SIRONA (XRAY) report for Daniel T. Scavilla?
DENTSPLY SIRONA reported that President and CEO Daniel T. Scavilla received grants of stock options and Restricted Stock Units. These awards increase his equity-based incentives and tie more of his compensation to the company’s future share performance over several years.
How many stock options were granted to the XRAY CEO in this Form 4?
Daniel T. Scavilla was granted 2,066,600 stock options. These options vest in annual one-third increments over three years ending on March 4, 2029, and have an exercise price equal to 115% of the common stock’s closing price on the grant date.
What Restricted Stock Unit (RSU) award did XRAY’s CEO receive?
The CEO received an award of 145,089 Restricted Stock Units. These RSUs vest in one-third installments annually over a three-year period ending March 4, 2029, providing him with additional common shares as they vest, subject to continued service and award terms.
Over what period do the XRAY CEO’s new equity awards vest?
Both the stock options and Restricted Stock Units vest in annual one-third installments over three years. The vesting period ends on March 4, 2029, meaning portions of the awards become available each year, aligning long-term incentives with company performance.
What is the exercise price structure for Daniel T. Scavilla’s new stock options?
The new stock options have an exercise price set at 115% of the closing price of DENTSPLY SIRONA’s common stock on the grant date. This structure requires future share price appreciation above that level for the options to deliver intrinsic value when exercised.