Henry Schein Inc. Files Definitive Proxy Statement (DEF 14A)

TL;DR

<b>Henry Schein Inc. has filed a Definitive Proxy Statement (DEF 14A) on April 10, 2024.</b>

AI Summary

HENRY SCHEIN INC (HSIC) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. Filing type is DEF 14A, indicating a definitive proxy statement. Company name is HENRY SCHEIN INC, with Central Index Key 0001000228. Standard Industrial Classification is 5047 (Wholesale - Medical, Dental & Hospital Equipment & Supplies). Fiscal year ends December 30th. Filing date is April 10, 2024, for the period ending May 21, 2024.

Why It Matters

For investors and stakeholders tracking HENRY SCHEIN INC, this filing contains several important signals. This filing is a standard proxy statement, which is crucial for shareholder voting on corporate matters. The DEF 14A filing provides detailed information about executive compensation, board nominations, and other governance issues that directly impact shareholder decisions and company oversight.

Risk Assessment

Risk Level: low — HENRY SCHEIN INC shows low risk based on this filing. The filing is a routine DEF 14A, which typically contains standard disclosures and does not indicate any immediate financial or operational distress.

Analyst Insight

Review the proxy statement for details on executive compensation, board proposals, and any shareholder proposals to inform voting decisions.

Key Numbers

• 2024-04-10 — Filing Date (Date the DEF 14A was filed)
• 2024-05-21 — Period of Report (The period the filing is reporting on)
• 1230 — Fiscal Year End (The company's fiscal year end date)

Key Players & Entities

• HENRY SCHEIN INC (company) — Filer name
• 0001000228 (company) — Central Index Key
• 5047 (company) — Standard Industrial Classification
• DE (company) — State of Incorporation
• 113136595 (company) — IRS Number
• 135 DURYEA RD (company) — Business Address Street 1
• MELVILLE (company) — Business Address City
• NY (company) — Business Address State

FAQ

Industry Context

Henry Schein Inc. operates in the wholesale distribution of medical, dental, and hospital equipment and supplies.

Regulatory Implications

This filing is a DEF 14A, a standard SEC form for definitive proxy statements, used for soliciting shareholder votes.

What Investors Should Do

1. Review executive compensation details for key personnel.
2. Analyze board member nominations and qualifications.
3. Understand any shareholder proposals and management's recommendations.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure and does not provide comparative data from a previous filing type.

Key Financial Figures

• $0 — f the Company's common stock, par value $0.01, entitled to notice of, and to vote
• $600 million — the Company from sales of approximately $600 million in 1995 to approximately $12.3 billion
• $12.3 billion — y $600 million in 1995 to approximately $12.3 billion in 2023. Mr. Bergman serves as a board

Filing Documents

• d19133ddef14a.htm (DEF 14A) — 1158KB
• g19133g0408020001270.jpg (GRAPHIC) — 7KB
• g19133g57g01.jpg (GRAPHIC) — 100KB
• g19133g57g02.jpg (GRAPHIC) — 103KB
• g19133g58g58.jpg (GRAPHIC) — 109KB
• g19133g93g01.jpg (GRAPHIC) — 6KB
• g19133g93g02.jpg (GRAPHIC) — 8KB
• 0001193125-24-091374.txt (&nbsp;) — 2892KB
• hsic-20231231.xsd (EX-101.SCH) — 8KB
• hsic-20231231_def.xml (EX-101.DEF) — 4KB
• hsic-20231231_lab.xml (EX-101.LAB) — 19KB
• hsic-20231231_pre.xml (EX-101.PRE) — 11KB
• d19133ddef14a_htm.xml (XML) — 239KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 HENRY SCHEIN, INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 21, 2024 Dear Stockholder: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Henry Schein, Inc. (the "Company" or "Henry Schein"), to be held virtually at 10:00 a.m., Eastern Daylight Time, on Tuesday, May 21, 2024. This year's meeting is a virtual stockholder meeting, conducted exclusively via a live audio webcast at www.virtualshareholdermeeting.com/HSIC2024. You will be able to attend the Annual Meeting online, vote and submit questions during the meeting by visiting www.virtualshareholdermeeting.com/HSIC2024 and entering the 16-digit control number included in our Notice Regarding the Availability of Proxy Materials or on your proxy card (if you received a printed copy of the proxy materials). The Annual Meeting will be held for the following purposes: 1. to consider the election of thirteen directors of the Company for terms expiring in 2025; 2. to consider and act upon a proposal to amend and restate the Company's 2020 Stock Incentive Plan (to be renamed the 2024 Stock Incentive Plan); 3. to consider the approval, by non-binding vote, of the 2023 compensation paid to the Company's Named Executive Officers (as defined in the proxy statement) (commonly known as a "say-on-pay" proposal); 4. to ratify the selection of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 28, 2024; and 5. to transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Only stockholders of record at the close of business on March 22, 2024 are entitled to notice of, and to vote at, the meeting or any adjournments or postponements thereof. The Company is pleased to take advantage of the Securities and Exchange Commission rules that allow issuers to furnish proxy materials to their stockholders on the Internet. The Company believes the rules allow it to provide its stockholders with the information they need, while lowering the costs of delivery and reducing the environmental impact of the Annual Meeting. Accordingly, stockholders of record at the close of business on March 22, 2024 will receive a Notice Regarding the Availability of Proxy Materials and may vote at the Annual Meeting and any adjournment or postponement of the meeting. To assure your representation at the Annual Meeting, you are urged to cast your vote, as instructed in the Notice Regarding the Availability of Proxy Materials, over the Internet or by telephone as promptly as possible. You may also request a paper proxy card to submit your vote by mail, if you prefer, or vote online during the virtual Annual Meeting. Whether or not you expect to attend the virtual meeting online, your vote is very important. Please cast your vote regardless of the number of shares you hold. I look forward to discussing our plans for the Company's future at the Annual Meeting. STANLEY M. BERGMAN Chairman and Chief Executive Officer Melville, New York April 10, 2024 135 DURYEA ROAD MELVILLE, NEW YORK 11747 PROXY STATEMENT The Board of Directors of Henry Schein, Inc. (the "Company") has fixed the close of business on March 22, 2024 as the record date for determining the holders of the Company's common stock, par value $0.01, entitled to notice of, and to vote at, the 2024 Annual Meeting of Stockholders (to be held virtually at 10:00 a.m., Eastern Daylight Time, on Tuesday, May 21, 2024) (the "Annual Meeting"). As of that date, 128,481,162 shares of common stock were outstanding, each of which entitles the holder of record to one vote. The Notice of Annual Meeting, this proxy statement and the form of proxy are being made available to stockholders of record of the Company on or about April 10, 2024. A copy of our 2023 Annual Report to Stockholders is being made available with this proxy statement but is not incorporated herein by reference. The presence, in person or by proxy, of the holders of a majority of the outstanding shares of common stock entitled t

View Full Filing

View this DEF 14A filing on SEC EDGAR