Lowery Frederick M. 4
4 · HENRY SCHEIN INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Henry Schein (HSIC) CEO Frederick Lowery Receives Restricted Stock Awards
What Happened
Frederick M. Lowery, CEO and a director of Henry Schein, was granted a total of 241,549 restricted stock awards on March 6, 2026: 64,433 shares (time-based RSUs) and 177,116 derivative awards (performance-based PSUs), each shown at $0.00 per share (grant value reported as $0). These awards were granted under the Issuer’s 2024 Stock Incentive Plan as compensation — not an open-market buy or sell.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (file date is 4 days after the transaction date).
- Prices: both grants reported at $0.00 (typical for stock awards at grant).
- Total shares granted: 241,549 (64,433 + 177,116).
- Shares owned after the transaction: not specified in the provided excerpt of the filing. Check the full EDGAR filing for the “Amount Owned Following Reported Transaction” field.
- Footnotes of note:
- F1: The grant consists of restricted stock units under the 2024 Stock Incentive Plan — 50% are performance stock units (PSUs) that generally vest on the third anniversary subject to specified performance goals (payout scales 0%–200%); 50% are time-based RSUs that vest ratably over the first four anniversaries, all subject to continued service.
- F2: Acquisition pursuant to the 2024 Stock Incentive Plan.
- F3: Describes option vesting rules but does not appear to apply to this specific grant in this filing.
- Filing timeliness: Form 4 was submitted 4 days after the grants; Form 4s are normally due within two business days of the transaction—review the EDGAR filing or issuer disclosure for any timeliness/late-filing notice.
Context
These are compensation awards (time- and performance-based RSUs/PSUs). They do not involve an out‑of‑pocket purchase by the insider and are different from open-market purchases or option exercises. PSUs are performance-contingent and may pay out between 0% and 200% depending on the company’s achievement of the specified goals; RSUs vest subject to continued service.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-03-06+64,433→ 95,156 total - Award
Stock Option Right to Buy
[F2][F3]2026-03-06+177,116→ 177,116 totalExercise: $77.60Exp: 2036-03-06→ Common Stock, par value $0.01 per share. (177,116 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units pursuant to the Issuer's 2024 Stock Incentive Plan. Subject to certain exceptions, (i) 50% will vest on the third anniversary of the grant date upon Issuer's achievement of specified performance goals ("PSUs") and (ii) 50% will vest ratably on each of the first four anniversaries of the grant date ("RSUs"), in each case subject to continued service through the applicable vesting date. The payout for PSUs scale with performance, ranging from 0% to a maximum of 200%.
- [F2]Acquired pursuant to the Issuer's 2024 Stock Incentive Plan.
- [F3]Subject to certain exceptions, the options will vest ratably on each of the first four anniversaries of the grant date subject to reporting person's continued performance of services for the Issuer.