Form 4: SentinelOne Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ric Smith, President of Product, Technology & Operations at SentinelOne, sold shares to cover tax withholding obligations related to vested restricted stock units.
Summary
- On March 6, 2025, Ric Smith, President, Prod Tech & Ops of SentinelOne, Inc., sold 20,188 shares of Class A Common Stock at a price of $19.5514 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, Smith directly owns 508,930 shares of SentinelOne, Inc.
- The shares are subject to forfeiture if underlying vesting conditions are not met.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine 'sell to cover' for tax obligations and doesn't reflect a change in the executive's outlook on the company.
Industry Context
This filing is a routine disclosure of an insider stock sale to cover tax obligations, which is a common practice among executives receiving equity compensation. It doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of stock sale transaction. |
| 03/07/2025 | Date of Form 4 filing. |
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