Michael S. Ettinger - May 24, 2023 Form 4 Insider Report for HENRY SCHEIN INC (HSIC)

Signature
/s/ Jennifer Ferrero (as Attorney-in-Fact for Michael S. Ettinger)
Stock symbol
HSIC
Transactions as of
May 24, 2023
Transactions value $
-$1,117,861
Form type
4
Date filed
5/25/2023, 04:48 PM
Previous filing
Mar 7, 2023
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSIC Common Stock, par value $0.01 per share Sale -$1.12M -14.9K -16.43% $75.12 75.7K May 24, 2023 Direct F1
holding HSIC Common Stock, par value $0.01 per share 800 May 24, 2023 As Trustee of the trusts for the benefit of his children.
holding HSIC Common Stock, par value $0.01 per share 210 May 24, 2023 By 401(k) plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 23, 2023.
F2 Reflects the reporting person's interest in equivalent shares of Henry Schein common stock held by the unitized stock fund in the Henry Schein, Inc. 401(k) Savings Plan (the "Plan"). The unitized stock fund consists of Henry Schein common stock and cash or cash equivalents. The number of shares attributed to the reporting person as a participant in the Plan and expressed as equivalent shares has been calculated based on the closing price of Henry Schein common stock on May 24, 2023.