SentinelOne (S) CEO sells 21,960 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SentinelOne, Inc. President and CEO Tomer Weingarten reported an open-market sale of 21,960 shares of Class A Common Stock at a weighted average price of $15.647 per share. According to the disclosure, this was an issuer-mandated “sell to cover” transaction to satisfy tax withholding obligations tied to the vesting and settlement of Restricted Stock Units, rather than a discretionary trade.
After this sale, Weingarten directly held 1,990,811 shares of Class A Common Stock, some of which remain subject to forfeiture if underlying vesting conditions are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,960 shares ($343,608)
Net Sell
1 txn
Insider
Weingarten Tomer
Role
President, CEO
Sold
21,960 shs ($344K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,960 | $15.647 | $344K |
Holdings After Transaction:
Class A Common Stock — 1,990,811 shares (Direct, null)
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.30 to $15.65, 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.
Key Figures
Shares sold: 21,960 shares
Weighted average sale price: $15.647 per share
Sale price range: $15.30–$15.65 per share
+1 more
4 metrics
Shares sold
21,960 shares
Open-market sale to cover tax withholding
Weighted average sale price
$15.647 per share
Average price across multiple sale transactions
Sale price range
$15.30–$15.65 per share
Prices of individual trades within the sale
Shares held after transaction
1,990,811 shares
Direct Class A Common Stock holdings post-sale
Key Terms
Restricted Stock Units, sell to cover, weighted average price, subject to forfeiture
4 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.
subject to forfeiture financial
"Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met."
FAQ
What insider transaction did SentinelOne (S) report for Tomer Weingarten?
SentinelOne reported that President and CEO Tomer Weingarten sold 21,960 shares of Class A Common Stock. The company noted this was an issuer-mandated sale to cover tax withholding obligations related to vesting Restricted Stock Units, rather than a discretionary stock sale.