BERGMAN STANLEY M 4
Research Summary
AI-generated summary
Henry Schein (HSIC) Director Stanley Bergman Disposes 450 Shares
What Happened
Stanley M. Bergman, a director of Henry Schein, disposed of a total of 450 shares on March 16, 2026. Of those, 400 shares were transferred as a gift (no cash proceeds) and 50 shares were surrendered to the company to satisfy a tax withholding obligation at an effective price of $74.61 per share (total value ≈ $3,731). These transactions were not open‑market sales; the 50‑share surrender was to cover taxes on vested time‑based restricted stock units.
Key Details
- Transaction dates: March 16, 2026; Form 4 filed March 17, 2026 (timely).
- Transactions: Gift of 400 shares (code G, $0.00); surrender of 50 shares for tax withholding (code F) at $74.61/share (≈ $3,731).
- Shares owned after transaction: beneficial holdings reported via family trusts total about 379,991 shares (70,514 + 21 + 309,456 per footnote), plus additional equivalent shares held indirectly in the company 401(k) stock fund.
- Footnotes: F2 explains the 50‑share surrender was to satisfy withholding on the March 16, 2022 RSU grant; F3/F4 describe family trust and 401(k) fund holdings.
- Filing timeliness: Filed next day (not late).
Context
Gifts and tax‑withholding share surrenders are routine insider transactions and do not necessarily indicate a view on the company’s prospects. The 50‑share transaction was effectively a cashless settlement to cover taxes on vested RSUs rather than a market sale.