SentinelOne legal chief sells 8,312 shares for taxes
SentinelOne’s chief legal officer executed an issuer-mandated sale of 8,312 shares to cover taxes on RSU vesting and continues to hold 948,046 shares.
Rhea-AI Filing Summary
SentinelOne, Inc. (S) reported that Chief Legal Officer and Secretary Keenan Michael Conder sold 8,312 shares of Class A Common Stock on September 8, 2026 at $19.79 per share. The company states this was an issuer-mandated "sell to cover" transaction to satisfy tax withholding obligations on vesting Restricted Stock Units, not a discretionary trade. After this sale, Conder directly holds 948,046 shares, some of which remain subject to forfeiture if vesting conditions are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,312 shares
Net Sell
1 txn
Insider
Conder Keenan Michael
Role
Chief Legal Officer & Sec'y
Sold
8,312 shs ($164K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 8,312 | $19.79 | $164K |
Holdings After Transaction:
Class A Common Stock — 948,046 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: 8,312 shares
Sale price per share: $19.79 per share
Shares held after transaction: 948,046 shares
3 metrics
Shares sold
8,312 shares
Issuer-mandated sale on September 8, 2026 to cover tax withholding
Sale price per share
$19.79 per share
Class A Common Stock sale on September 8, 2026
Shares held after transaction
948,046 shares
Direct holdings of Keenan Michael Conder following the sale
Key Terms
Restricted Stock Units, sell to cover, tax withholding obligations, equity incentive plan, +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
"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.
tax withholding obligations financial
"sale ... to cover tax withholding obligations in connection with the vesting"
equity incentive plan financial
"Pursuant to the Issuer's equity incentive plan, an award recipient's"
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.
forfeiture financial
"shares are subject to forfeiture to the Issuer if underlying vesting"
FAQ
What insider transaction did SentinelOne (S) disclose in this Form 4?
SentinelOne disclosed that Chief Legal Officer and Secretary Keenan Michael Conder sold 8,312 shares of Class A Common Stock on September 8, 2026 at $19.79 per share in a reported open market or private transaction.
Was the SentinelOne (S) insider trade made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not affirmed, and the footnote explains the sale was carried out under the issuer’s equity incentive plan as a mandated sell-to-cover for tax withholding, rather than under a separate trading plan.
What role does the reporting person hold at SentinelOne (S)?
The reporting person, Keenan Michael Conder, is identified as SentinelOne’s Chief Legal Officer and Secretary, and filed this Form 4 in that capacity as an officer of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.