Sensata (NYSE: ST) CFO updates holdings after stock award vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensata Technologies Holding plc EVP & CFO Andrew Charles Lynch reported routine equity compensation movements. He received 1,364 ordinary shares at no cost from vesting performance-based stock unit awards originally granted in 2023. To cover taxes on these and other restricted awards vesting on July 1, 2026, 903 shares were withheld at $46.55 per share, a tax-withholding disposition rather than an open-market sale. After these transactions he directly holds 49,007 ordinary shares, and this figure includes 34,287 unvested restricted stock units that depend on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lynch Andrew Charles
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares, par value EUR 0.01 per share | 1,364 | $0.00 | -- |
| Tax Withholding | Ordinary Shares, par value EUR 0.01 per share | 903 | $46.55 | $42K |
Holdings After Transaction:
Ordinary Shares, par value EUR 0.01 per share — 49,007 shares (Direct, null)
Footnotes (1)
- Represents additional shares acquired resulting from the vesting of certain performance-based stock unit awards granted to the reporting person in 2023. Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards including the performance-based stock unit awards that vested on July 1, 2026. Includes 34,287 unvested restricted stock units subject to the reporting person's continued service.
Key Figures
Tax-withheld shares: 903 shares
Tax withholding price: $46.55 per share
Award shares acquired: 1,364 shares
+2 more
5 metrics
Tax-withheld shares
903 shares
Shares withheld to cover taxes on July 1, 2026
Tax withholding price
$46.55 per share
Value used for 903 withheld shares
Award shares acquired
1,364 shares
Shares from vesting 2023 performance-based stock unit awards
Shares held after transactions
49,007 shares
Direct ordinary share holdings following Form 4 transactions
Unvested RSUs
34,287 units
Unvested restricted stock units dependent on continued service
Key Terms
performance-based stock unit awards, restricted security awards, restricted stock units, tax-withholding disposition, +1 more
5 terms
performance-based stock unit awards financial
"Represents additional shares acquired resulting from the vesting of certain performance-based stock unit awards granted to the reporting person in 2023."
Performance-based stock unit awards are promises to give company shares to executives or employees only if the business meets specific targets, such as revenue, profit, or share-price goals. Think of it like a bonus that pays out in stock only when measurable objectives are hit; investors watch these awards because they affect future share supply, signal how management is incentivized, and can influence company performance and shareholder value.
restricted security awards financial
"Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards including the performance-based stock unit awards that vested on July 1, 2026."
restricted stock units financial
"Includes 34,287 unvested restricted stock units subject to the reporting person's continued service."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 903 shares at $46.55 per share."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition for 1,364 shares at $0.00."
FAQ
What insider transactions did Sensata (ST) CFO Andrew Lynch report?
Andrew Lynch reported vesting-related equity movements, not open-market trades. He acquired 1,364 ordinary shares from performance-based awards and had 903 shares withheld to pay taxes on vested restricted awards, all tied to his compensation package on July 1, 2026.
What are the performance-based stock unit awards mentioned for Sensata (ST) CFO?
The performance-based stock unit awards are equity grants from 2023 that vest based on performance conditions. Their vesting on July 1, 2026 led to Lynch receiving 1,364 ordinary shares, increasing his direct share ownership as part of his long-term incentive compensation.