SentinelOne (NYSE: S) CEO converts Class B to Class A, sells 57,941 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SentinelOne, Inc. director and CEO Tomer Weingarten converted and sold shares of company stock. On Class B common stock, he converted 57,941 shares into 57,941 shares of Class A common stock through a derivative conversion, then sold 57,941 Class A shares in an open-market transaction at a weighted average price of $17.7051 per share, with individual sale prices ranging from $17.26 to $17.885.
Following these transactions, he directly holds 1,894,397 shares of Class A common stock. An irrevocable trust associated with him holds Class B common stock convertible into 423,629 shares of Class A common stock, and he disclaims beneficial ownership of those trust shares except to the extent of any pecuniary interest. The transactions were effected under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 57,941 shares ($1,025,851)
Net Sell
4 txns
Insider
Weingarten Tomer
Role
President, CEO
Sold
57,941 shs ($1.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 57,941 | $0.00 | -- |
| Conversion | Class A Common Stock | 57,941 | $0.00 | -- |
| Sale | Class A Common Stock | 57,941 | $17.7051 | $1.03M |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 3,537,035 shares (Direct, null);
Class A Common Stock — 1,952,338 shares (Direct, null);
Class B Common Stock — 423,629 shares (Indirect, By Trust)
Footnotes (1)
- Represents the number of shares that were acquired upon conversion of Class B common stock to Class A common stock. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.26 to $17.885, 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. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. Each share of Class B common stock is convertible into one share of Class A common stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) the date specified by a vote of the holders of 66 2/3% of the then outstanding shares of Class B common stock, (ii) seven years from the effective date of the Issuer's initial public offering ("IPO"), (iii) the first date following the IPO on which the number of shares of outstanding Class B common stock (including shares of Class B common stock subject to outstanding stock options) held by the reporting person, including certain entities that the reporting person controls, is less than 25% of the number of shares of Class B common stock (including shares of Class B common stock subject to outstanding stock options) that the reporting person originally held as of the date of the IPO, (continued from footnote 6) (iv) the date fixed by the Issuer's board of directors (the "Board"), following the first date following the completion of this offering when the reporting person is no longer providing services to the Issuer as an officer, employee, consultant or member of the Board, (v) the date fixed by the Board following the date, if applicable, on which the reporting person is terminated for cause, as defined in the Issuer's restated certificate of incorporation, and (vi) the date that is 12 months after the death or disability, as defined in the Issuer's restated certificate of incorporation, of the reporting person. The securities reported in this row are held by an irrevocable trust over whose trustee the reporting person may exercise remove and replace powers. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Key Figures
Shares sold: 57,941 shares
Weighted average sale price: $17.7051 per share
Direct Class A holdings after sale: 1,894,397 shares
+2 more
5 metrics
Shares sold
57,941 shares
Class A common stock open-market sale on July 1, 2026
Weighted average sale price
$17.7051 per share
Multiple trades between $17.26 and $17.885
Direct Class A holdings after sale
1,894,397 shares
Shares directly owned following reported transactions
Class B converted to Class A
57,941 shares
Derivative conversion of Class B into Class A common stock
Trust underlying Class A equivalent
423,629 shares
Class B common stock in irrevocable trust, convertible into Class A
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B common stock, derivative conversion, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Class B common stock financial
"Each share of Class B common stock is convertible into one share of Class A common stock at any time..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
derivative conversion financial
"transaction_action": "derivative conversion""
irrevocable trust financial
"The securities reported in this row are held by an irrevocable trust over whose trustee the reporting person may exercise remove and replace powers."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
What did SentinelOne (S) CEO Tomer Weingarten do in this Form 4 filing?
Tomer Weingarten converted Class B common stock into Class A common stock and then sold 57,941 Class A shares. These actions were reported as a derivative conversion followed by an open-market sale on the same date.
Were Tomer Weingarten’s SentinelOne (S) stock sales pre-planned under Rule 10b5-1?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted on June 3, 2025. Such plans allow executives to schedule trades in advance, helping separate trading decisions from day-to-day market conditions.