Form 4: SentinelOne CFO Sells Shares to Cover Tax Obligations

SentinelOne's Chief Financial Officer, David J. Bernhardt, sold 11,061 shares of Class A Common Stock on September 6, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• On September 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 $22.8 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 489,003 shares of SentinelOne.
• The sale was not a discretionary trade by the Reporting Person.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't indicate any significant positive or negative sentiment. It's a neutral event.

Industry Context

Sales to cover taxes on vesting equity are a common practice among executives at publicly traded companies. This transaction reflects standard compensation practices and tax obligations.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates