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

Sentiment:

SEC Form 4 Filing


Director McKeithan Gebhardt reports changes in beneficial ownership of Sensient Technologies Corp stock, including acquisition of deferred stock and adjustments to direct and indirect holdings.

Summary

  • On March 31, 2024, Deborah McKeithan Gebhardt, a director of Sensient Technologies Corp, reported changes in her beneficial ownership of the company's stock.
  • The report includes the acquisition of 118.261 shares of deferred stock due to deferral of director fees under the company's Directors' Deferred Compensation Plan.
  • These deferred stock units convert to common stock on a one-for-one basis and will be issued upon termination of her service as a director.
  • The report also indicates that she directly owns 13,655.769 shares of common stock and indirectly owns 2,000 shares through her spouse's IRA.
  • The filing was signed by John J. Manning, Attorney-in-Fact for Ms. McKeithan-Gebhardt, on April 1, 2024.

Sentiment

Score: 5

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

Future Outlook

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

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 of Sensient Technologies stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates

DateDescription
03/31/2024Date of earliest transaction (acquisition of deferred stock).
04/01/2024Date of signature by Attorney-in-Fact.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.