Form 4: SentinelOne Executive Ric Smith Sells Shares to Cover Tax Obligations

Ric Smith, President of Product, Technology, and Operations at SentinelOne, sold shares of Class A Common Stock to cover tax withholding obligations related to vesting and settlement of performance-based Restricted Stock Units.

Summary

• On March 27, 2025, Ric Smith, President, Prod Tech & Ops of SentinelOne, sold 10,624 shares of Class A Common Stock at a price of $19.77 per share.
• The sale was mandated by SentinelOne to cover tax withholding obligations associated with the vesting and settlement of performance-based Restricted Stock Units.
• Following the transaction on March 27, 2025, Smith directly owns 488,122 shares of Class A Common Stock, some of which are subject to forfeiture if vesting conditions are not met.
• On March 28, 2025, Smith sold 10,851 shares of Class A Common Stock at a price of $18.7789 per share.
• This sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on April 5, 2024.
• Following the transaction on March 28, 2025, Smith directly owns 477,271 shares of Class A Common Stock, some of which are subject to forfeiture if vesting conditions are not met.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions appear to be routine and related to tax obligations and a pre-existing trading plan.

Industry Context

Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation.

Stakeholder Impact

• The stock sales could have a minor negative impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial performance.

Key Dates

Keywords

SentinelOne, Ric Smith, Form 4, Insider Trading, Stock Sale, Class A Common Stock, Rule 10b5-1, Tax Withholding, Restricted Stock Units