SentinelOne CLO sells 4,550 shares to cover taxes
SentinelOne, Inc. chief legal officer Keenan Michael Conder reported an open-market sale of 4,550 Class A common shares at a weighted average price of $15.647 per share.
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Rhea-AI Filing Summary
SentinelOne, Inc. chief legal officer Keenan Michael Conder reported an open-market sale of 4,550 Class A common shares at a weighted average price of $15.647 per share. The company mandated this sale solely to cover tax withholding on vested Restricted Stock Units, so it was not a discretionary trade. Following the transaction, Conder directly holds 991,133 shares, and some of these shares remain subject to forfeiture if vesting conditions are not met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,550 | $15.647 | $71K |
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 $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.
- F3. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.
Key Figures
Key Terms
Restricted Stock Units financial
sell to cover financial
weighted average price financial
vesting conditions financial
FAQ
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What did SentinelOne (S) insider Keenan Michael Conder report in this Form 4?
Why did SentinelOne (S) require a sell-to-cover transaction for this insider?
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