Form 4: Sensient Technologies Director Mario Ferruzzi Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Mario Ferruzzi reports changes in beneficial ownership of Sensient Technologies Corp shares, including acquisitions of common stock and deferred stock.

Summary

  • Director Mario Ferruzzi filed a Form 4 detailing changes in his beneficial ownership of Sensient Technologies Corp stock.
  • The report includes the acquisition of 7,784.692 shares of common stock through various plans, including restricted stock and dividend reinvestment.
  • Ferruzzi also acquired 78.48 shares of deferred stock under the Directors' Deferred Compensation Plan, which will convert to common stock upon termination of his service as a director.
  • Additionally, the report indicates indirect ownership of 220.398 shares through a spouse's ESOP.
  • Following the reported transactions, Ferruzzi directly owns 2,683.691 shares of common stock and 2,683.691 shares of deferred stock, and indirectly owns 220.398 shares through a spouse's ESOP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Positives

  • The director's continued investment in the company through stock plans and dividend reinvestment could be seen as a positive signal.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency into their investment activities in the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's investment in the company.

Key Dates

DateDescription
03/31/2024Date of earliest transaction (acquisition of deferred stock).
04/01/2024Date of signature for the Form 4 filing.

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