BERGMAN STANLEY M 4
Research Summary
AI-generated summary
Henry Schein (HSIC) CEO Stanley Bergman Sells Shares
What Happened
Stanley M. Bergman, Chairman, Chief Executive Officer and a director of Henry Schein, sold a total of 49,131 shares of HSIC stock in open-market transactions on February 26–27, 2026, for aggregate proceeds of approximately $3.98 million. The individual trades reported were: 31,134 shares at $80.90 (≈ $2,518,741), 7,212 shares at $81.51 (≈ $587,850), and 10,785 shares at $81.20 (≈ $875,742). These were sales (not purchases or option exercises) and are commonly routine liquidity transactions rather than an affirmative bullish signal.
Key Details
- Transaction dates and prices:
- 2026-02-26: 31,134 shares @ $80.90 (F1: weighted sale prices ranged $80.375–$81.360)
- 2026-02-26: 7,212 shares @ $81.51 (F3: weighted sale prices ranged $81.375–$81.635)
- 2026-02-27: 10,785 shares @ $81.20 (F5: weighted sale prices ranged $80.940–$81.635)
- Total shares sold: 49,131; approximate proceeds: $3,982,333.
- Reported beneficial holdings (per filing footnotes) include sizeable trust positions: e.g., Bergman Family trusts and related entities listing totals of ~434,827 shares (F2) and ~427,615 shares (F4) across different line items; the filing also references 401(k) plan equivalent shares (F6) calculated at the Feb 26 closing price.
- Notable footnotes: weighted-average price ranges are provided (F1, F3, F5); the filer states full breakdown of sales by price is available upon request to the SEC, issuer, or a security holder.
- Timeliness: Filing covers transactions on 2/26–2/27/2026 and was filed 2026-02-27; no late-filing flag is indicated in the data provided.
- No indication in the filing of a 10b5-1 plan, option exercise, gift, or tax-withholding-related share surrender.
Context
This was an open-market sale (transaction code S). Sales by executives are often routine (liquidity or portfolio-management) and do not necessarily indicate a change in view about company prospects; purchases typically carry more informational weight. The filing’s footnotes show the insider still holds substantial shares indirectly through family trusts and plan holdings.