Director at Dentsply Sirona (XRAY) receives deferred phantom stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAZELSKY JONATHAN JAY reported acquisition or exercise transactions in this Form 4 filing.
DENTSPLY SIRONA Inc. director Jonathan Jay Mazelsky received a grant of phantom stock under the Directors' Deferred Compensation program. The award covers 2,644.6402 phantom stock units at an economic reference price of $11.34 per unit, each tied to one share of common stock.
Following this compensation grant, his balance in this phantom stock account increased to 17,179.8540 units. According to the terms, these phantom stock units are economically equivalent to common shares and will be settled in common stock after his termination of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAZELSKY JONATHAN JAY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Directors' Deferred Compensation) DDC | 2,644.64 | $11.34 | $30K |
Holdings After Transaction:
Phantom Stock (Directors' Deferred Compensation) DDC — 17,179.854 shares (Direct)
Footnotes (1)
- Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in common stock following the reporting person's termination of service as a director. Comprised of phantom stock.
Key Figures
Phantom stock units granted: 2,644.6402 units
Reference price per unit: $11.34 per unit
Total phantom stock after grant: 17,179.8540 units
+1 more
4 metrics
Phantom stock units granted
2,644.6402 units
Directors' Deferred Compensation grant on March 31, 2026
Reference price per unit
$11.34 per unit
Grant valuation for phantom stock award
Total phantom stock after grant
17,179.8540 units
Balance following the reported transaction
Underlying common stock equivalent
2,644.6402 shares
Each phantom unit equals one common share economically
Key Terms
Phantom Stock, Directors' Deferred Compensation, economic equivalent, termination of service
4 terms
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Directors' Deferred Compensation financial
"Phantom Stock (Directors' Deferred Compensation) DDC"
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
termination of service financial
"become payable in common stock following the reporting person's termination of service as a director."
FAQ
What did XRAY director Jonathan Mazelsky report in this Form 4?
Jonathan Mazelsky reported receiving a grant of phantom stock units as director compensation. He acquired 2,644.6402 phantom stock units, each economically equivalent to one share of DENTSPLY SIRONA common stock, increasing his total phantom stock balance to 17,179.8540 units.
How many phantom stock units did the XRAY director receive?
He received 2,644.6402 phantom stock units. Each unit is economically equivalent to one share of DENTSPLY SIRONA common stock, and the award is part of the Directors' Deferred Compensation program, reflected as a routine compensation-related acquisition rather than an open-market stock purchase.
At what reference price were the XRAY phantom stock units credited?
The phantom stock units were credited at a reference price of $11.34 per unit. This price is used to determine the number of units granted under the deferred compensation program, not as an open-market trade price for buying or selling common shares.
What is the director’s total phantom stock balance after this XRAY grant?
After this grant, his phantom stock balance is 17,179.8540 units. These units track the value of DENTSPLY SIRONA common stock and represent deferred compensation that will be paid out in common shares when his board service eventually ends.
When will the XRAY phantom stock units be paid to the director?
The phantom stock units become payable in common stock after the director’s termination of service. Until that point, they function as deferred compensation tied economically to DENTSPLY SIRONA’s common shares rather than as currently exercisable or tradable stock.
Does this XRAY Form 4 show an open-market stock purchase or sale?
No, the filing shows a grant of phantom stock as deferred director compensation, coded as an acquisition (A). It is not an open-market purchase or sale of common shares, but a derivative compensation award economically linked to the stock price.