Form 4: SentinelOne Executive Ric Smith Sells Shares Under 10b5-1 Trading Plan

Ric Smith, President of Product, Technology, and Operations at SentinelOne, sold 31,659 shares of Class A Common Stock at an average price of $19.1014 on March 18, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 18, 2025, Ric Smith, President, Prod Tech & Ops of SentinelOne, Inc., sold 31,659 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $19.1014 per share, with individual transactions ranging from $18.64 to $19.375.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on April 5, 2024.
• Following the transaction, Smith directly owns 477,271 shares of SentinelOne's Class A Common Stock, some of which are subject to forfeiture if vesting conditions are not met.

Sentiment

Score: 5

Explanation: The document is neutral in sentiment. It simply reports a stock sale by an executive under a pre-arranged trading plan, which is a routine event.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies. They can be driven by various factors, including personal financial planning and diversification. The use of a 10b5-1 trading plan allows insiders to sell shares over a predetermined period, mitigating concerns about insider trading.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
• The sale does not appear to have any direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

SentinelOne, Ric Smith, stock sale, Form 4, 10b5-1 trading plan, executive, Class A Common Stock