SentinelOne Form 144 shows 809 Class A shares for sale via Raymond James
Rhea-AI Filing Summary
SentinelOne filed a Form 144 reporting a proposed sale of 809 Class A shares through Raymond James, valued at $13,753, with an approximate sale date of 10/01/2025 on the NYSE. The filing lists total shares outstanding of 324,760,095.
The shares were acquired 12/31/2020 via a stock conversion before the IPO from SentinelOne, Inc., showing an original acquired amount of 28,028 shares and payment noted as "Wired to portfolio company." The filing also discloses recent small disposals by Insight Partners XI of 1,205 shares on 07/07/2025 for $21,945.46 and 1,222 shares on 07/08/2025 for $22,521.95. The notice includes the standard representation that the seller does not possess undisclosed material adverse information.
Positive
- Disclosure compliance: The Form 144 provides required transaction details and the seller's representation about material information.
- Transaction traceability: Acquisition date, method (stock conversion before IPO), and payment note are documented.
- Recent liquidity shown: Prior small sales on 07/07/2025 and 07/08/2025 by Insight Partners XI are disclosed, indicating market activity.
Negative
- Filer/contact details appear missing or incomplete in the extract: Filer CIK and submission contact fields are not populated in the provided content.
- Insider/affiliate selling: The filing reports proposed and recent sales by related parties, which investors may view as supply into the market.
Insights
TL;DR: Routine Rule 144 notice for a small proposed sale relative to total outstanding shares; limited market impact expected.
The filing documents a proposed sale of 809 Class A shares valued at $13,753, which is immaterial versus the 324,760,095 shares outstanding, suggesting negligible dilution or market pressure from this transaction alone. The securities were originally acquired via a stock conversion before the IPO on 12/31/2020, and recent nearby dispositions by Insight Partners XI indicate some liquidity events by related holders. This is a compliance-driven disclosure rather than a material corporate development.
TL;DR: Filing meets Rule 144 disclosure requirements but omits some filer contact fields in the provided extract.
The Form 144 contains required sale details and the seller's representation about lack of undisclosed material adverse information, which is standard. The extract shows blank or unspecified filer identification and submission contact fields, which should be present in a complete filing; if absent in the official submission, that would be a procedural deficiency. Overall, the document appears to be a routine notice for compliance with resale rules.