MLOTEK MARK E 4

What Happened

• Mark E. Mlotek, EVP and Chief Strategic Officer of Henry Schein (HSIC), received a grant of 27,061 restricted stock units (reported as an acquisition at $0) on March 6, 2026. On the same date he disposed of 300 shares via gift (reported as a disposal at $0).
• The grant is recorded as $0 in the Form 4 because it is an award of RSUs/PSUs rather than an open-market purchase; the gift of 300 shares is a non‑market disposal and does not imply a sale for cash.

Key Details

• Transaction dates: March 6, 2026; Form 4 filed March 10, 2026 (filed 4 days after the transactions — Form 4s are typically due within two business days, so this appears later than usual).
• Prices/values reported: both transactions reported at $0 (standard for awards and gifts on the form).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F3: Grant consists of restricted stock units under the 2024 Stock Incentive Plan: 50% are performance-based (PSUs) that vest on the 3rd anniversary subject to performance (payout 0%–200%); the other 50% are time-based RSUs that vest ratably over the first four anniversaries, all subject to continued service.
  • F2 & F4: Ownership reporting may include shares held in joint tenancy with spouse and equivalent shares held in the company 401(k) stock fund (equivalent shares calculated using the March 6, 2026 closing price).
  • F1: Gift footnote (not applicable).

Context

• Awards (RSUs/PSUs) are common executive compensation and typically vest over time or upon performance — they are not immediate purchases and may not reflect near‑term insider sentiment.
• Gifts are non‑market disposals and frequently represent personal or estate planning; they should not be treated the same as open-market sales.
• PSUs can pay out from 0% to 200% depending on performance, so the ultimate number/value Mlotek receives will depend on future performance and continued service.