SentinelOne (NYSE: S) director receives time-based DSU and RSU awards
Rhea-AI Filing Summary
Wardi Teddie Benjamin reported acquisition or exercise transactions in this Form 4 filing.
SentinelOne, Inc. director Teddie Benjamin Wardi reported receiving equity-based compensation in the form of stock units rather than trading shares in the market. On June 25, 2026, he was granted 14,238 deferred restricted stock units that vest in quarterly installments beginning September 15, December 15, and March 15, with the final portion vesting on the earlier of the next annual shareholder meeting or June 15, 2027, subject to continued service. He also received 3,638 restricted stock units that vest in full on the earliest of June 25, 2027, the next annual shareholder meeting, death, disability, or a change in control, again requiring ongoing board service. Some shares may be forfeited if vesting conditions are not met, and there were no recorded open-market purchases or sales in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,638 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 14,238 | $0.00 | -- |
Footnotes (1)
- Represents an award of deferred restricted stock units (DSUs) granted on June 25, 2026, which shall vest on a time-based vesting schedule but for which settlement has been deferred pursuant to the Reporting Person's election under the Program (defined below). Each DSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to satisfaction of the time-based vesting conditions. The DSUs shall time-vest as to 25% of the total shares on each of September 15, December 15, and March 15, and with the final quarterly installment vesting on the earliest of (i) the date of the next annual meeting of the Issuer's stockholders, (ii) the date immediately prior to the next annual meeting of the Issuer's stockholders if the applicable non-employee director's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election, and [cont'd from Footnote 1] (iii) June 15, 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date, and with deferred settlement occurring subject to the terms of the Program. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. Represents an award of restricted stock units. The entire award shall vest and settle for shares of the Issuer's Class A Common Stock on the earliest of (a) June 25, 2027, (b) the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to such, if the Reporting Person's service as a director ends at such meeting due to his/her failure to be re-elected or not standing for re-election), (c) the Reporting Person's death, (d) the date on which the Reporting Person becomes disabled, or (e) the occurrence of a change in control as defined in the Issuer's Non-Employee Director Compensation Program (the "Program"), in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.