Form 4: Sensata Technologies EVP George Verras Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
George Verras, EVP & Chief Technology Officer of Sensata Technologies, reports the disposal of shares to cover tax obligations upon vesting of restricted stock awards.
Summary
- On October 29, 2024, George Verras, EVP & Chief Technology Officer of Sensata Technologies Holding plc, filed a Form 4 indicating a change in beneficial ownership.
- Verras disposed of 4,961 ordinary shares at a price of $35.33 per share to cover taxes due upon the vesting of restricted security awards.
- Following the transaction, Verras beneficially owns 71,592 ordinary shares, which includes 36,745 unvested restricted stock units subject to continued service.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Effective date of Power of Attorney |
| 10/29/2024 | Date of transaction (share disposal) and filing of Form 4 |
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