Form 4: Sensient Technologies Director Mario Ferruzzi Reports Stock Grant and Tax Withholding

Sentiment:

SEC Form 4 Filing


Director Mario Ferruzzi reports acquisition of restricted stock and shares withheld for tax obligations related to vesting.

Summary

  • On April 24, 2025, Mario Ferruzzi, a director of Sensient Technologies Corp, reported transactions involving the company's common stock.
  • Ferruzzi acquired 1,386 shares of common stock through a restricted stock grant under the company's 2017 Stock Plan.
  • Simultaneously, 619 shares were disposed of to cover tax withholding obligations related to the vesting of a prior restricted stock grant at a price of $80.14 per share.
  • Following these transactions, Ferruzzi directly owns 9,614.076 shares of common stock and indirectly owns 225.042 shares through a spouse's ESOP.
  • He also holds deferred stock rights convertible to 3,035.629 common shares, which will be issued upon termination of his service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of restricted stock to a director aligns their interests with those of the shareholders.

Future Outlook

The deferred stock converts to common stock on a one-for-one basis and will be issued upon termination of reporting person's service as a director of the Issuer.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect insider activity related to compensation and tax obligations.

Key Dates

DateDescription
04/24/2025Date of stock grant and tax withholding.
04/28/2025Date of filing.

Keywords

Form 4, Director, Insider Trading, Stock Grant, Tax Withholding, Restricted Stock, Beneficial Ownership, Sensient Technologies, SXT, ESOP, Deferred Stock

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