South Ronald N. 4
Research Summary
AI-generated summary
Henry Schein CFO Ronald South Surrenders 5,216 Shares for Taxes
What Happened
- Ronald N. South, Chief Financial Officer of Henry Schein Inc. (HSIC), surrendered 5,216 shares on March 16, 2026 to satisfy tax withholding related to vested time-based restricted stock units. The shares were valued at $74.61 each, for a total value of approximately $389,166. This was a share surrender to the issuer to cover taxes, not an open-market sale.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
- Shares surrendered/disposed: 5,216 at $74.61 per share; total value ≈ $389,166.
- Transaction code: F (surrender of shares to satisfy tax withholding).
- Footnote: Represents surrender of shares to satisfy the reporting person's tax withholding obligation upon vesting of the March 16, 2022 grant of time-based RSUs.
- Shares owned after the transaction: Not specified in this filing.
Context
- This was a tax-withholding share surrender (often called a cashless or share-for-tax settlement) tied to RSU vesting — a routine administrative transaction and not a market sale that signals a directional trade. It does not, by itself, indicate the insider’s view of the stock.