Form 4: Sensient Technologies Director Carleone Receives Stock Grant
SEC Form 4 Filing
Director Joseph Carleone of Sensient Technologies Corp. received a grant of 1,386 shares of common stock on April 24, 2025.
Summary
- On April 24, 2025, Joseph Carleone, a director of Sensient Technologies Corp., acquired 1,386 shares of common stock.
- The acquisition was a grant of restricted stock under the Issuer's 2017 Stock Plan, as amended and restated.
- The price of the stock was $0.
- Following the transaction, Carleone beneficially owns 21,285.33 shares of common stock, which includes restricted stock and shares held in a dividend reinvestment plan.
- Carleone also holds deferred stock that converts to common stock on a one-for-one basis, with 21,840.25 shares to be issued upon termination of his service as a director.
Sentiment
Score: 7
Explanation: The document reflects a routine stock grant, which is generally viewed neutrally. It indicates ongoing compensation practices and alignment of director interests with shareholders.
Positives
- The stock grant to a director aligns his interests with those of the shareholders.
- The grant is part of the company's 2017 Stock Plan, suggesting a structured approach to executive compensation.
Future Outlook
The deferred stock will convert to common stock upon termination of the reporting person's service as a director of the Issuer.
Industry Context
Stock grants to directors are a common practice in publicly traded companies as part of their compensation packages, aligning their interests with shareholders and incentivizing long-term value creation.
Comparison to Industry Standards
- Stock grants to directors are a common practice in publicly traded companies.
- The size of the grant and the terms of the vesting schedule are typical components of director compensation packages.
- Comparing the total equity compensation of Sensient Technologies' directors to that of directors at comparable companies such as International Flavors & Fragrances (IFF) or Givaudan SA would provide a benchmark for assessing the competitiveness of the compensation package.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders.
- The grant does not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of the stock grant transaction. |
| 04/28/2025 | Date of signature on the Form 4 filing. |
Keywords
stock grant, director, Sensient Technologies, SXT, Form 4, beneficial ownership, restricted stock, deferred stock
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