Form 4: Mark Peek discloses gifts to trusts and a 25,000-share disposition at S
Rhea-AI Filing Summary
SentinelOne director Mark S. Peek reported multiple transfers of Class A common stock on 09/30/2025. The filing shows a disposition of 25,000 shares and several gifts of 6,250 shares each to four children\'s trusts, plus indirect holdings of 80,000 shares in the Omega Living Trust. After the reported disposition, the director directly owned 40,609 shares and separately held or controlled additional shares through irrevocable trusts and the Omega Living Trust. The filer states the 6,250-share transfers were gifts made for no consideration and exempt under Rule 16b-5; the Omega Living Trust is dated August 6, 2015, with the reporting person as trustee.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director completed non-sale transfers (gifts) reducing direct holdings; remaining direct and trust holdings remain material.
The Form 4 discloses a 25,000-share disposition and four 6,250-share gifts to irrevocable children\'s trusts, all reported as exempt transactions under Rule 16b-5, and 80,000 shares held indirectly via the Omega Living Trust. These are non-cash transfers rather than open-market sales, indicating estate or family planning activity rather than a market liquidity event. Reporting clarity is adequate: transaction codes, amounts, and ownership forms are provided, and the filing is executed by an attorney-in-fact.
TL;DR: Transactions appear administratively driven (trust transfers) with standard disclosures; no regulatory issues apparent.
The filer details irrevocable trusts with third-party trustees and states the gifts are exempt under Rule 16b-5. The Omega Living Trust listing and trustee role are disclosed. From a governance perspective, these transfers follow typical trustee and gifting structures and the Form 4 includes required signature and explanatory notes. No indication of insider selling for liquidity or other compensatory transactions is provided in the filing.