MLOTEK MARK E 4
Research Summary
AI-generated summary
Henry Schein (HSIC) EVP Mark Mlotek Surrenders 5,928 Shares
What Happened
Mark E. Mlotek, Executive VP and Chief Strategic Officer of Henry Schein (HSIC), surrendered 5,928 shares of company stock on March 16, 2026 to satisfy tax withholding obligations tied to the vesting of time‑based restricted stock units. The shares were valued at $74.61 each, for a total value of $442,288. This was a tax‑withholding share surrender (routine), not an open‑market sale indicating a change in investment view.
Key Details
- Transaction date: March 16, 2026; filing date: March 17, 2026 (appears timely).
- Transaction type/code: F — surrender of shares to satisfy tax withholding upon RSU vesting.
- Shares surrendered/disposed: 5,928 at $74.61 per share; total value $442,288.
- Shares owned after transaction: not specified in the excerpted filing; see plan/joint holdings footnotes.
- Footnotes of note:
- F1: Surrender executed to cover tax withholding on the March 16, 2022 grant of time‑based RSUs.
- F2: Includes shares held in joint tenancy with the reporting person’s spouse.
- F3: Includes equivalent shares attributed via the Henry Schein 401(k) unitized stock fund (converted using the March 16, 2026 closing price).
Context
This is a routine, administrative transaction to satisfy tax obligations on vested RSUs (cashless/surrender withholding). Such withholding transactions are common and do not necessarily signal insider buying or selling intent in the open market.