secwatch.observer — SEC 8-K summary
======================================

Issuer:     HENRY SCHEIN INC (HSIC)
CIK:        0001000228
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001193125-25-080753
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Henry Schein adopts executive severance plan with 1.5x multiple for officers; revises change-in-control plan
--------------------------------------------------------------------------------

- Compensation Committee approved Executive Severance Plan effective April 10, 2025, covering members of Executive Management Committee (except CEO).
- Severance multiples: 1.5x base salary+avg bonus for executive officers; 1.0x for others; paid over severance period.
- Requires release of claims; includes pro-rata bonus, equity acceleration, COBRA subsidy up to 18 months, outplacement.
- Contains non-compete, non-solicit, non-disparage covenants; violation triggers forfeiture and recoupment.
- Amended CIC Plan adds non-duplication language to reduce benefits by any severance already paid under Severance Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000228/000119312525080753/0001193125-25-080753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000228/000119312525080753/d835579d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-080753

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer