Insider Cluster (3 insiders) ·Filed Mar 2, 2026

HSIC

HENRY SCHEIN INC
BEARISH
Impact 7/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $2.2M total
Actionable Insight ▼ Bearish

Monitor for potential follow-on selling or downward revisions in guidance; CEO selling at this level may signal reduced conviction ahead of earnings or macro headwinds in dental/medical supply sector.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
HSIC ▼ -9.18% at T+60d
SHORT call ✓ call won +9.18% · α vs SPY +18.51% · entry $81.37 → $73.90
Entry anchored
Feb 27, 03:59 PM ET
via exchange tick
T+1d
-1.43%
call +1.43% · α +0.51%
$80.21
settled 7mo ago
T+5d
-4.02%
call +4.02% · α +2.81%
$78.10
settled 7mo ago
T+20d
-10.65%
call +10.65% · α +2.72%
$72.70
settled 6mo ago
T+60d
-9.18%
call +9.18% · α +18.51%
$73.90
settled 4mo ago

Price Chart

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Executive Summary

HSIC insiders sold a total of $2.17M in open-market transactions over the past week, led by CEO Stanley Bergman selling $1.94M worth of shares. A separate grant of 30,723 non-cash shares to Frederick Lowery (also CEO) does not represent economic activity. The cluster is dominated by significant selling from top leadership.

Key Financial Metrics

Direction
selling
Total Value
$2.2M
Insiders
3

Key Facts

  • CEO Stanley Bergman sold 23,858 shares at $81.31, totaling $1.94 million in open-market disposition.
  • Philip Laskawy sold 2,844 shares at $80.36, amounting to $228,544 in open-market sale.
  • Frederick M. Lowery was granted 30,723 shares at $0 — a non-cash, equity award with no immediate economic impact.
  • Total open-market selling by insiders: $2.17 million over 7 days.
  • Total insider selling represents ~0.024% of HSIC's $9.2B market cap — modest in relative terms but notable due to concentration in C-suite.

Financial Impact

$2.17 million in open-market share sales by executives

insider ownershipinvestor sentimentperceived confidence

Risk Factors

  • Perception of insider pessimism, especially given the scale of Bergman's sale.
  • Potential for negative market reaction if no clear rationale (e.g., tax planning, diversification) is disclosed.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-HSIC-1772834929568
18 reports for HSIC
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +10.65%Mar 2, 2026
Filters
Rows
Reports for HSIC — sortable, filterable
TypeNow
Aug 4, 2026
8w ago
8-K
BULLISH ★ 6/10
$89.11 $88.52▼ −0.66%▲ +0.58%$84.88 (−4.75%)
Aug 4, 2026
8w ago
Institutional Cluster
MIXED ★ 4/10
$89.11 $88.52▼ −0.66%▲ +0.58%$84.88 (−4.75%)
Jul 30, 2026
9w ago
8-K
NEUTRAL ★ 3/10
$85.17 $90.28▲ +6.00%▲ +2.03%$84.88 (−0.34%)
Jun 11, 2026
16w ago
Institutional Cluster
MIXED ★ 5/10
$81.25 $84.40▲ +3.88%▲ +2.10%$84.88 (+4.47%)
May 22, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$74.21 $79.03▲ +6.49%▲ +7.91%$84.88 (+14.38%)
May 12, 2026
20w ago
DEFA14A
NEUTRAL ★ 3/10
$69.35 $78.85▲ +13.70%▲ +15.43%$84.88 (+22.39%)
Apr 8, 2026
25w ago
DEFA14A
NEUTRAL ★ 3/10
$75.53 $74.37▼ −1.54%▼ −10.08%$84.88 (+12.38%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 3/10
$81.37 $72.70▼ −10.65%▼ −2.72%$84.88 (+4.31%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 4/10
$81.37 $72.70▼ −10.65%▼ −2.72%$84.88 (+4.31%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 3/10
$81.37 $72.70▼ −10.65%▼ −2.72%$84.88 (+4.31%)
Showing 10 of 18

US Market Status

Market Closed — Opens Mon (65h 9m)

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Report published Mar 6, 2026