Form 4: SentinelOne Chief Legal Officer Sells Shares to Cover Tax Obligations

Keenan Michael Conder, Chief Legal Officer & Secretary of SentinelOne, Inc., sold 1,318 shares of Class A Common Stock on August 6, 2024, to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units.

Summary

• Keenan Michael Conder, the Chief Legal Officer & Secretary of SentinelOne, Inc., reported a transaction involving the sale of company stock.
• On August 6, 2024, Conder sold 1,318 shares of Class A Common Stock at a price of $20.56 per share.
• The sale was mandated by SentinelOne to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units.
• Following the transaction, Conder beneficially owns 449,460 shares of SentinelOne's Class A Common Stock, some of which are subject to forfeiture if vesting conditions are not met.
• Conder also acquired 1 share pursuant to the Issuer's Employee Stock Purchase Plan on July 5, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine stock sale to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This particular transaction appears to be routine, related to tax obligations on vested equity.

Stakeholder Impact

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

Key Dates