Mandated tax-cover sale by SentinelOne (NYSE: S) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SentinelOne, Inc. Chief Accounting Officer Robin Tomasello reported a mandated sale of 2,459 shares of Class A Common Stock on May 6, 2026. The shares were sold in open-market transactions at a weighted average price of $15.6474 per share, with individual trades between $15.35 and $15.65.
The company required this “sell to cover” transaction to fund tax withholding obligations tied to the vesting and settlement of Restricted Stock Units, so it was not a discretionary trade. After the sale, Tomasello directly owned 457,235 shares, some of which remain subject to forfeiture if vesting conditions are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,459 shares ($38,477)
Net Sell
1 txn
Insider
TOMASELLO ROBIN
Role
Chief Accounting Officer
Sold
2,459 shs ($38K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,459 | $15.6474 | $38K |
Holdings After Transaction:
Class A Common Stock — 457,235 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 $15.35 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: 2,459 shares
Weighted average sale price: $15.6474 per share
Sale price range: $15.35–$15.65 per share
+1 more
4 metrics
Shares sold
2,459 shares
Issuer-mandated sale on May 6, 2026 to cover tax withholding
Weighted average sale price
$15.6474 per share
Open-market sale of SentinelOne Class A Common Stock
Sale price range
$15.35–$15.65 per share
Multiple transactions within this price range on sale date
Shares owned after transaction
457,235 shares
Direct ownership by Robin Tomasello following the sale
Key Terms
Restricted Stock Units, sell to cover, weighted average price, equity incentive plan, +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.
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.
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) disclose for Robin Tomasello?
SentinelOne reported that Chief Accounting Officer Robin Tomasello sold 2,459 shares of Class A Common Stock. The sale occurred on May 6, 2026 as part of a mandated “sell to cover” transaction to satisfy tax withholding obligations from vesting Restricted Stock Units.
Was the SentinelOne (S) insider sale by Robin Tomasello discretionary?
No, the sale was not discretionary. It was an issuer-mandated sale required under SentinelOne’s equity incentive plan to cover tax withholding obligations triggered by the vesting and settlement of Restricted Stock Units awarded to Robin Tomasello.
Why did SentinelOne (S) require a “sell to cover” transaction for RSUs?
SentinelOne’s equity incentive plan requires award recipients to fund tax withholding obligations through a “sell to cover” transaction. When Restricted Stock Units vest and settle, a portion of the resulting shares is sold to pay taxes owed on that vesting event.