HERRING JOSEPH L 4
Research Summary
AI-generated summary
Henry Schein Director Joseph L. Herring Receives Award
What Happened
Joseph L. Herring, a director of Henry Schein, was granted 2,577 restricted stock units (reported as an acquisition) on March 6, 2026. The Form 4 reports an acquisition price of $0.00 (reported aggregate value $0). The award was made under the issuer’s 2023 Non‑Employee Director Stock Incentive Plan.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 2,577; reported acquisition price: $0.00; reported aggregate value: $0.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Granted pursuant to the 2023 Non‑Employee Director Stock Incentive Plan; units are subject to 12‑month cliff vesting and continued service (see footnote F1).
- No indication of a sale or market purchase — this is compensation, not an open‑market trade.
Context
Restricted stock units (RSUs) generally convert to actual shares only when they vest and are typically part of routine director compensation. Because these RSUs are time‑based and subject to continued service (12‑month cliff vesting), this grant does not represent an immediate cash purchase or sale of shares and should be viewed as compensation rather than a direct market sentiment signal.