Insider Cluster (4 insiders) ·Filed Mar 2, 2026

HSIC

HENRY SCHEIN INC
BEARISH
Impact 6/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $2.3M total
Actionable Insight ▼ Bearish

Monitor for further selling by Bergman or other insiders, and watch for commentary around leadership transition. While the dollar amount is not large relative to market cap, the timing and concentration among top executives may signal caution ahead of earnings or strategic shifts.

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

A cluster of insider transactions at Henry Schein (HSIC) over the past week includes significant open-market share sales by the CEO and other executives, totaling $2.4 million in proceeds. The largest sale was by CEO Stanley M. Bergman (23,858 shares, $1.94M), followed by EVP Mark Mlotek ($331K). These sales represent a modest portion of the company's $9.2B market cap. Non-cash transactions include a grant to new CEO Frederick Lowery and share gifts by Mlotek.

Key Financial Metrics

Direction
selling
Total Value
$2.4M
Insiders
4

Key Facts

  • CEO Stanley M. Bergman sold 23,858 shares for $1.94 million in open-market transactions.
  • EVP Mark Mlotek sold 4,100 shares for $331,260 and gifted 1,515 shares (non-cash).
  • Director Philip Laskawy sold 2,844 shares for $228,544.
  • Incoming CEO Frederick Lowery was granted 30,723 shares (non-cash, $0 value).
  • Total open-market sales in cluster: $2.4 million across 3 insiders.
  • Sales represent approximately 0.026% of HSIC's $9.2B market cap — modest in scale but notable due to seniority of sellers.

Financial Impact

$2.4 million in open-market insider sales over 7 days

insider sentimentshareholder confidencepotential dilution perception

Risk Factors

  • Perception of negative sentiment from long-time CEO reducing holdings during leadership transition.
  • Potential for follow-on selling or market reaction if no clear communication is provided.

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 (6 trades, 7d window)cluster-HSIC-1772838525437
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