Scavilla Daniel T 4
Research Summary
AI-generated summary
DENTSPLY SIRONA (XRAY) CEO Daniel Scavilla Receives Award
What Happened
Daniel T. Scavilla, President, CEO and director of DENTSPLY SIRONA Inc. (XRAY), was granted equity awards on 2026-03-04 totaling 2,211,689 shares. The grant breaks down into 145,089 restricted stock units (RSUs) and 2,066,600 derivative awards (stock options). Both grants show $0 cash paid at acquisition (typical for compensation/awards).
Key Details
- Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (timely filing).
- Grants: 145,089 RSUs (acquired @ $0) and 2,066,600 derivative awards/options (acquired @ $0).
- Reported acquisition value: $0 (these are compensation awards, not open‑market purchases).
- Shares owned after the transaction: not specified in the provided filing summary.
- Footnotes:
- F1: RSUs vest in annual one‑third increments over three years, ending March 4, 2029.
- F2: Stock options 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.
- Filing accession: 0000818479-26-000101.
Context
These grants are compensation awards rather than purchases or sales. RSUs convert to shares as they vest (over three years); the stock options require the share price to exceed the 115% strike price before they have intrinsic value. Such awards are common for senior executives and do not by themselves indicate immediate buying or selling activity.