SentinelOne (NYSE: S) CFO has shares sold to cover RSU tax withholding
Rhea-AI Filing Summary
SentinelOne, Inc. reported that Chief Financial Officer Sonalee Elizabeth Parekh had 12,987 shares of Class A Common Stock sold on July 27, 2026 at an average price of $18.254 per share. The footnotes state this was an issuer-mandated “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting and settlement of Restricted Stock Units, rather than a discretionary trade. Following this sale, she holds 964,281 shares directly, some of which remain subject to forfeiture if vesting conditions are not met.
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Insights
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Insider Trade Summary
Net Seller: 12,987 shares
Net Sell
1 txn
Insider
Parekh Sonalee Elizabeth
Role
Chief Financial Officer
Sold
12,987 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 12,987 | $18.254 | $237K |
Holdings After Transaction:
Class A Common Stock — 964,281 shares (Direct)
Footnotes (2)
- 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. Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.
Key Figures
Shares sold: 12,987 shares
Average sale price: $18.254 per share
Shares held after transaction: 964,281 shares
3 metrics
Shares sold
12,987 shares
Class A Common Stock sold on July 27, 2026 in issuer-mandated tax sale
Average sale price
$18.254 per share
Price per share for 12,987 Class A shares sold
Shares held after transaction
964,281 shares
Direct Class A Common Stock holdings following the sale
Key Terms
Restricted Stock Units, sell to cover, equity incentive plan, 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.
equity incentive plan financial
"Pursuant to the Issuer's equity incentive plan, an award recipient's tax"
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.
tax withholding obligations financial
"sale ... to cover tax withholding obligations in connection with the vesting"
subject to 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 insider transaction did SentinelOne (S) disclose for CFO Sonalee Parekh?
SentinelOne disclosed that CFO Sonalee Elizabeth Parekh had 12,987 Class A shares sold on July 27, 2026. The filing notes this was an issuer-mandated sale to cover tax withholding from Restricted Stock Unit (RSU) vesting, not a discretionary trade.
Is the SentinelOne (S) CFO’s Form 4 sale under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked and the footnote describes the transaction as an issuer-mandated “sell to cover” for tax withholding. The disclosure does not characterize it as executed pursuant to a Rule 10b5-1 trading plan.