Form 4: Sensient Technologies Director Donald W. Landry Reports Stock Grant and Tax Withholding
SEC Form 4 Filing
Director Donald W. Landry reports the acquisition of restricted stock and shares withheld for tax obligations related to vesting.
Summary
- On April 25, 2024, Donald W. Landry, a director of Sensient Technologies Corp, reported transactions involving the company's common stock.
- Landry acquired 1,436 shares of common stock through a restricted stock grant under the company's 2017 Stock Plan at $0.
- Additionally, 271 shares were withheld to cover tax obligations related to the vesting of a prior restricted stock grant at $69.64.
- Following these transactions, Landry beneficially owns 8,878.917 shares of Sensient Technologies Corp.
- These shares include restricted stock held under the Issuer's 2017 Stock Plan and shares held in a dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects standard executive compensation practices and does not contain any overtly positive or negative information.
Positives
- The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Negatives
- The withholding of shares for tax obligations is a neutral event and doesn't necessarily indicate a negative outlook.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of stock grant and tax withholding. |
| 04/29/2024 | Date of signature on the Form 4 filing. |
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