Form 4: Sensata Technologies EVP Lynne J. Caljouw Reports Tax-Related Share Disposal
SEC Form 4 Filing
Lynne J. Caljouw, EVP and Chief Admin Officer of Sensata Technologies, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On October 29, 2024, Lynne J. Caljouw, EVP and Chief Admin Officer of Sensata Technologies Holding plc, reported a transaction involving ordinary shares.
- 4,961 shares were disposed of at a price of $35.33 to cover taxes due upon the vesting of restricted security awards.
- Following the transaction, Caljouw beneficially owns 60,619 ordinary shares, including 36,745 unvested restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting a corporate insider's transaction to cover tax obligations, a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Effective date of Power of Attorney. |
| 10/29/2024 | Date of share disposal transaction. |
| 10/31/2024 | Date of report signature. |
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