Form 4: SentinelOne CFO David J. Bernhardt Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David J. Bernhardt, CFO of SentinelOne, Inc., sold 11,061 shares of Class A Common Stock on June 6, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- On June 6, 2024, David J. Bernhardt, the Chief Financial Officer of SentinelOne, Inc., sold 11,061 shares of Class A Common Stock.
- The sale was executed at a price of $17.3 per share.
- This transaction was mandated by SentinelOne to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units.
- Following the transaction, Bernhardt directly owns 517,298 shares of Class A Common Stock, some of which are subject to forfeiture if vesting conditions are not met.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales of stock to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Stakeholder Impact
- The sale of shares by a company executive could have a minor impact on shareholder confidence, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the stock sale transaction. |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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