Henry Schein (HSIC) CEO Andrea Albertini Surrenders Shares for Tax Withholding

What Happened

• Andrea Albertini, CEO, Global Distribution & Technology at Henry Schein (HSIC), surrendered shares on Sept 8, 2026 to satisfy tax withholding tied to vested performance-based restricted stock units (RSUs).
• The Form 4 reports two disposition entries: 603 shares disposed at $88.86 each (total value reported $53,583) and 3,984 shares reported as disposed to the issuer at $0.00. Together these represent 4,587 shares surrendered rather than an open-market sale.

Key Details

• Transaction date: 2026-09-08; filing date: 2026-09-09 (filed the next day; appears timely).
• Reported disposals: 603 shares @ $88.86 = $53,583; 3,984 shares @ $0.00 (to issuer).
• Total shares surrendered: 4,587.
• Footnote: F1 — the shares were surrendered to the issuer to satisfy the reporting person’s tax withholding obligation upon vesting of the Sept 8, 2023 grant of performance-based RSUs.
• Transaction codes: F (payment of exercise price or tax liability) and D (disposition to the issuer).
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was a tax-withholding share surrender related to vested RSUs, not an open-market sale; such transactions are routine and typically reflect tax obligations rather than a vote of confidence or lack thereof.
• For derivative or award-related filings like this, surrendered or withheld shares commonly reduce the net shares received on vesting (a cashless/stock-withholding mechanism).