Form 4: SentinelOne Insider Sells Shares for Tax Withholding

SentinelOne President and COO Barry L. Padgett sold 15,460 shares of Class A Common Stock on July 6, 2026, to cover tax withholding obligations.

Summary

• Barry L. Padgett, President and COO of SentinelOne, Inc., sold 15,460 shares of Class A Common Stock on July 6, 2026.
• The sale was conducted at a price of $17.89 per share, totaling $276,597.40.
• This transaction was an "issuer-mandated sale" to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs).
• The shares sold were part of a "sell to cover" transaction, a standard procedure under the company's equity incentive plan to fund tax liabilities.
• Following the transaction, Mr. Padgett beneficially owns 987,208 shares of Class A Common Stock.
• Some of these shares remain subject to forfeiture if vesting conditions are not met.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is an administrative action to cover tax obligations, not a reflection of management's confidence in the company's future performance.

Positives

• The sale was not a discretionary trade by the reporting person, indicating it was a necessary action to fulfill tax obligations.
• The transaction is a standard practice for managing tax liabilities associated with equity awards.
• Mr. Padgett retains a significant beneficial ownership of 987,208 shares, suggesting continued commitment to the company.

Negatives

• A portion of the shares sold were subject to forfeiture, implying potential future dilution or adjustments to ownership.

Risks

• The filing notes that certain shares are subject to forfeiture if underlying vesting conditions are not met, which could impact future beneficial ownership.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports a past transaction.

Management Comments

• The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.
• Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations must be funded by a "sell to cover" transaction.
• Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine for executives and directors to report changes in their stock holdings. The 'sell to cover' transaction for tax withholding is a common and expected event, particularly following RSU vesting, and typically does not signal a negative view of the company's prospects by the executive.

Stakeholder Impact

• Shareholders: The sale is an issuer-mandated transaction to cover tax liabilities and is not expected to have a significant impact on the share price, as it is a common practice.
• Employees: This transaction is specific to the reporting person's tax obligations related to equity awards.
• Management: Demonstrates adherence to tax regulations and company policy regarding equity compensation.

Next Steps

• Continued monitoring of Barry L. Padgett's beneficial ownership for any future transactions.
• Vesting conditions for remaining shares will need to be met to avoid forfeiture.

Key Dates

Keywords

SentinelOne, Form 4, Insider Trading, Barry L. Padgett, Stock Sale, Tax Withholding, Restricted Stock Units, RSU Vesting, SEC Filing, Class A Common Stock