SentinelOne (S) director Daniel Scheinman granted 14,238 Class A shares in equity award
Rhea-AI Filing Summary
Scheinman Daniel reported acquisition or exercise transactions in this Form 4 filing.
SentinelOne, Inc. director Daniel Scheinman reported a compensation-related equity award and updated holdings in Class A common stock. He received a grant of 14,238 shares at a price of $0.00 per share, increasing his direct ownership to 76,267 shares after the award.
The award is in the form of restricted stock units that vest and settle into Class A common stock on the earliest of June 25, 2027, the next annual stockholder meeting (with specified director-service conditions), the reporting person’s death or disability, or a change in control under the company’s Non-Employee Director Compensation Program, subject to continued service. In addition, 28,150 shares are held indirectly by the Dan and Zoe Scheinman Family Trust, over which he has sole voting and dispositive power, and certain shares remain subject to forfeiture if vesting conditions are not met.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant increases SentinelOne insider alignment.
This Form 4 shows Daniel Scheinman, a director of SentinelOne, Inc., receiving a grant of 14,238 Class A common shares at $0.00 per share as a restricted stock unit award. This is standard non-employee director compensation rather than an open-market purchase or sale.
The units vest on the earliest of several events, including on or after June 25, 2027, the next annual stockholder meeting, certain life events, or a change in control, in each case conditioned on continued service. Some shares are subject to forfeiture if vesting conditions are not satisfied, so the ultimate realized ownership depends on service and corporate events.
After the grant, Scheinman directly holds 76,267 shares and indirectly 28,150 shares through the Dan and Zoe Scheinman Family Trust, where he has sole voting and dispositive power. This filing mainly updates the record of director equity awards and holdings and does not indicate any buying or selling in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,238 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents an award of restricted stock units. The entire award shall vest and settle for shares of the Issuer's Class A Common Stock on the earliest of (a) June 25, 2027, (b) the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to such, if the Reporting Person's service as a director ends at such meeting due to his/her failure to be re-elected or not standing for re-election), (c) the Reporting Person's death, (d) the date on which the Reporting Person becomes disabled, or (e) the occurrence of a change in control as defined in the Issuer's Non-Employee Director Compensation Program (the "Program"), in each case subject to the Reporting Person's continued service to the Issuer on each vesting date. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. These securities are held by the Dan and Zoe Scheinman Family Trust, Dated 2/23/01 (the "Scheinman Trust"). The Reporting Person is the trustee and a beneficiary of the Scheinman Trust and has sole voting and dispositive power over the shares held by the Scheinman Trust.