secwatch.observer — SEC 8-K summary
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Issuer:     HENRY SCHEIN INC (HSIC)
CIK:        0001000228
Form:       8-K
Filed at:   2022-11-29T23:59:59+00:00
Accession:  0001193125-22-293869
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Henry Schein amends CEO Bergman's employment agreement, extends term to Dec 2025
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- Base salary set at $1,582,000 per annum; term expires Dec 31, 2025 with possible one-year extensions.
- No cash severance if company non-renews; target incentive comp and equity awards tied to peer group medians.
- Annual equity awards from 2023 target total direct comp at least 50th percentile and equity grant at least median of peer group.
- Vesting acceleration upon death, disability, termination w/o cause, good reason, retirement, or non-renewal, with change-in-control provisions.
- Technical updates include definition of Good Reason and conforming changes to align with updated terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000228/000119312522293869/0001193125-22-293869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000228/000119312522293869/d420796d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-293869

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