v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 27, 2026
Stock-Based Compensation [Abstract]  
Schedule of Allocation and Vesting Structure
Employee Group
Plan Year
Award Allocation
Vesting Structure
CEO
2026
25
%
RSU (time)
4
-year graded
(
25
%/year)
25
%
PSU (performance)
3
-year cliff
50
%
Stock Options
4
-year graded
(
25
%/year)
2026 (Sign-On)
100
%
RSU (time)
3
-year graded
(
33
-1/3%/year)
2025
35
%
RSU (time)
4
-year cliff
65
%
PSU (performance)
3
-year cliff
Executive Management Committee
(succeeded by the Henry Schein
Leadership Team
in July 2026)
2026
50
%
RSU (time)
4
-year graded
(
25
%/year)
50
%
PSU (performance)
3
-year cliff
2025
50
%
RSU (time)
4
-year cliff
50
%
PSU (performance)
3
-year cliff
Vice Presidents
2026
80
%
RSU (time)
4
-year graded
(
25
%/year)
20
%
PSU (performance)
3
-year cliff
2025
80
%
RSU (time)
50
% at 3rd year /
50
% at 4th year
20
%
PSU (performance)
3
-year cliff
Director Level
2026
100
%
RSU (time)
4
-year graded
(
25
%/year)
2025
100
%
RSU (time)
50
% at 3rd year /
50
% at 4th year
Assumptions used in Determining Fair Values of Stock Options using the Black-Scholes Valuation Model
2026
Expected dividend yield
0.0
%
Expected stock price volatility
29.00
%
Risk-free interest rate
3.82
%
Expected life of options (years)
6.00
Summary of Stock Option Activity Under the Plans
Stock Options
Weighted Average
Aggregate
Weighted Average
Remaining Contractual
Intrinsic
Shares
Exercise Price
Life (in years)
Value
Outstanding at beginning of period
922,715
$
72.26
Granted
177,116
77.60
Exercised
(31,086)
64.94
Forfeited
(7,121)
84.38
Outstanding at end of period
1,061,624
$
73.28
5.9
$
13
Options exercisable at end of period
884,508
$
72.42
Status of Unvested RSUs
RSUs (Time-Based)
PSUs (Performance-Based)
Weighted Average
Weighted Average
Grant Date Fair
Grant Date Fair
Shares/Units
Value Per Share
Shares/Units
Value Per Share
Outstanding at beginning of period
1,606,542
$
75.69
387,960
$
75.89
Granted
657,664
77.84
229,001
74.30
Performance adjustment
n/a
n/a
375,566
74.87
Vested
(412,836)
78.56
(82,102)
81.45
Forfeited
(99,380)
76.01
(319,225)
76.48
Outstanding at end of period
1,751,990
$
75.79
591,200
$
74.83