Form 4: Sensata Technologies Director Bolsinger Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Director Lorraine A Bolsinger reports acquisition of restricted shares and disposition of shares to cover taxes at Sensata Technologies.

Summary

  • Lorraine A Bolsinger, a director at Sensata Technologies Holding plc, reported transactions involving the company's ordinary shares on June 11, 2024.
  • She acquired 4,462 ordinary shares as part of a restricted stock grant under the 2021 Equity Incentive Plan, with the shares vesting 100% on the date of the 2025 Annual Shareholders Meeting.
  • Additionally, she disposed of 47 shares to cover taxes due upon the vesting of restricted security awards at a price of $39.22 per share.
  • Following these transactions, Bolsinger beneficially owns 19,089 ordinary shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

  • The acquisition of restricted shares indicates confidence in the company's future performance.

Future Outlook

The vesting of restricted shares in 2025 suggests a long-term incentive structure for the director.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
06/11/2024Date of share acquisition and disposition.
2025 Annual Shareholders MeetingVesting date for the restricted shares.
06/13/2024Date of signature for the report.

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