Form 4: SentinelOne Chief Legal Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Keenan Michael Conder, Chief Legal Officer & Secretary of SentinelOne, Inc., sold 816 shares of Class A Common Stock on May 6, 2024, to cover tax withholding obligations.
Summary
- On May 6, 2024, Keenan Michael Conder, the Chief Legal Officer & Secretary of SentinelOne, Inc., sold 816 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 related to the vesting and settlement of Restricted Stock Units.
- Following the transaction, Conder directly owns 461,424 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.
Stakeholder Impact
- The sale of shares by a company executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of the stock sale transaction. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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