Form 4: SentinelOne CEO Tomer Weingarten Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


SentinelOne CEO Tomer Weingarten sold 10,178 shares of Class A Common Stock on February 6, 2025, to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units.

Summary

  • On February 6, 2025, Tomer Weingarten, the President and CEO of SentinelOne, Inc., sold 10,178 shares of Class A Common Stock.
  • The sale was mandated by SentinelOne to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units.
  • The shares were sold at a weighted average price of $23.9499, with individual transactions ranging from $23.91 to $23.95.
  • Following the transaction, Weingarten beneficially owns 949,504 shares, some of which are subject to forfeiture if vesting conditions are not met.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale to cover tax obligations and doesn't indicate a change in the executive's outlook on the company.

Industry Context

Sales to cover tax obligations are a common practice among executives receiving equity compensation. This transaction itself doesn't necessarily reflect a change in the executive's confidence in the company's future prospects.

Stakeholder Impact

  • The sale of shares by the CEO could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates

DateDescription
02/06/2025Date of the stock sale transaction.
02/07/2025Date of signature on the Form 4 filing.

Keywords

SentinelOne, Tomer Weingarten, Form 4, SEC Filing, Stock Sale, Tax Withholding, Restricted Stock Units, Class A Common Stock, Insider Trading

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