SentinelOne (S) insider sale covers RSU tax withholding
Rhea-AI Filing Summary
SentinelOne, Inc. Chief Legal Officer & Secretary Keenan Michael Conder reported a sale of 26,374 shares of Class A common stock on August 6, 2026. The issuer-mandated “sell to cover” transaction satisfied tax withholding on vesting Restricted Stock Units at a weighted average price of $20.08 per share (range $20.07–$20.39). After this sale, he directly holds 956,358 shares, some of which remain subject to forfeiture if vesting conditions are not met.
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Insights
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Insider Trade Summary
Net Seller: 26,374 shares
Net Sell
1 txn
Insider
Conder Keenan Michael
Role
Chief Legal Officer & Sec'y
Sold
26,374 shs ($530K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 26,374 | $20.08 | $530K |
Holdings After Transaction:
Class A Common Stock — 956,358 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.07 to $20.39, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.
Key Figures
Shares sold: 26,374 shares
Weighted average sale price: $20.08 per share
Sale price range: $20.07–$20.39 per share
+2 more
5 metrics
Shares sold
26,374 shares
Class A common stock sold on August 6, 2026
Weighted average sale price
$20.08 per share
Issuer-mandated sell-to-cover transaction
Sale price range
$20.07–$20.39 per share
Multiple transactions within this price range
Shares held after transaction
956,358 shares
Direct holdings following August 6, 2026 sale
Net shares sold
26,374 shares
Net-sell direction per transaction summary
Key Terms
Restricted Stock Units, sell to cover, weighted average price, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"tax withholding obligations must be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting"
equity incentive plan financial
"Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SentinelOne (S) report in this Form 4?
SentinelOne reported that Chief Legal Officer & Secretary Keenan Michael Conder sold 26,374 shares of Class A common stock on August 6, 2026. The sale was issuer-mandated to cover tax withholding arising from the vesting and settlement of Restricted Stock Units (RSUs).
Was the SentinelOne (S) insider sale a discretionary trade?
No. The filing states the sale was an issuer-mandated “sell to cover” transaction to fund tax withholding obligations from RSU vesting. It specifically notes the transaction “does not represent a discretionary trade” by the reporting person under the company’s equity incentive plan.
What tax and RSU details are disclosed in the SentinelOne (S) Form 4?
The Form 4 explains the sale was required to cover tax withholding obligations tied to the vesting and settlement of Restricted Stock Units. Under SentinelOne’s equity incentive plan, these obligations must be funded via a “sell to cover” transaction executed in the market.