Form 4: Sensata Technologies Executive Jennifer Lynn Slater Reports Share Sale to Cover Tax Obligations
SEC Form 4 Filing
Jennifer Lynn Slater, EVP at Sensata Technologies, reports selling 418 ordinary shares to cover withholding tax obligations related to vesting restricted stock.
Summary
- On October 1, 2023, Jennifer Lynn Slater, an Executive Vice President at Sensata Technologies, sold 418 ordinary shares.
- The sale was executed at a price of $37.82 per share.
- The transaction was to cover withholding tax obligations related to the vesting of a restricted stock grant.
- Following the transaction, Slater beneficially owns 48,979 ordinary shares, including 46,723 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an executive's share sale to cover tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors. This filing indicates a routine transaction to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/01/2023 | Date of the share sale transaction. |
| 06/07/2024 | Date of signature by power of attorney. |
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