SentinelOne, Inc. (S) COO sells 9,778 shares in tax withholding transaction
Rhea-AI Filing Summary
SentinelOne, Inc. President and COO Barry L. Padgett reported selling 9,778 shares of Class A common stock on 2026-08-06 at a weighted average price of $20.092 per share, in trades ranging from $20.07 to $20.63. The sale was an issuer-mandated "sell to cover" to satisfy tax withholding obligations arising from the vesting and settlement of Restricted Stock Units and was not a discretionary trade or a Rule 10b5-1 plan transaction. Following this sale, he directly holds 977,430 shares, and certain of these shares remain subject to forfeiture if vesting conditions are not met.
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Insights
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Insider Trade Summary
Net Seller: 9,778 shares
Net Sell
1 txn
Insider
PADGETT BARRY L.
Role
President and COO
Sold
9,778 shs ($196K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 9,778 | $20.092 | $196K |
Holdings After Transaction:
Class A Common Stock — 977,430 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 $20.63, 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: 9,778 shares
Weighted average sale price: $20.092 per share
Sale price range: $20.07–$20.63 per share
+1 more
4 metrics
Shares sold
9,778 shares
Class A Common Stock sold on 2026-08-06 by President and COO
Weighted average sale price
$20.092 per share
Average price for 9,778 shares sold in multiple transactions
Sale price range
$20.07–$20.63 per share
Range of prices across individual sale transactions
Shares held after sale
977,430 shares
Direct Class A Common Stock holdings following the reported transaction
Key Terms
Restricted Stock Units, sell to cover, weighted average price, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"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
"sale ... to cover tax withholding obligations in connection with the vesting"
forfeiture financial
"Certain of the shares are subject to forfeiture to the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SentinelOne (S) insider Barry L. Padgett report in this Form 4 filing?
Barry L. Padgett, President and COO of SentinelOne, Inc., reported selling 9,778 shares of Class A common stock. The shares were sold on 2026-08-06 at a weighted average price of $20.092 per share in multiple transactions.
Was Barry L. Padgett’s SentinelOne (S) stock sale under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox was not selected. Instead, the transaction is described as an issuer-mandated "sell to cover" sale for tax withholding tied to Restricted Stock Unit vesting, rather than a discretionary or pre-planned trade.