Form 4: Director McKeithan-Gebhardt Reports Changes in Sensient Technologies Corp Beneficial Ownership

Deborah McKeithan-Gebhardt, a director of Sensient Technologies Corp, filed a Form 4 disclosing changes in her beneficial ownership of the company's stock, including the acquisition of deferred stock and holdings through a spouse's IRA.

Summary

• On June 30, 2024, Deborah McKeithan-Gebhardt, a director of Sensient Technologies Corp, reported changes in her beneficial ownership of the company's stock.
• The report indicates the acquisition of 110.291 shares of deferred stock due to deferral of director fees under the Issuer's Directors' Deferred Compensation Plan.
• The director directly owns 15,161.615 shares of common stock, which includes shares of restricted stock and shares held in a dividend reinvestment plan.
• Additionally, the director indirectly owns 2,000 shares of common stock through her spouse's IRA.
• The deferred stock converts to common stock on a one-for-one basis and will be issued upon termination of the reporting person's service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

Shares of common stock will be issued upon termination of reporting person's service as a director of the Issuer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings, which can be of interest to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's stake in the company.
• The changes in ownership are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates