Form 4: SentinelOne CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David J. Bernhardt, CFO of SentinelOne, Inc., sold 2,631 shares of Class A Common Stock on May 6, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- On May 6, 2024, David J. Bernhardt, the Chief Financial Officer of SentinelOne, Inc., sold 2,631 shares of Class A Common Stock.
- The sale was executed at a price of $21.26 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 532,380 shares of SentinelOne, Inc.
- Certain of these shares are subject to forfeiture if underlying 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 shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock sale transaction |
| 05/08/2024 | Date of Form 4 filing |
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