Sensata Technologies (NYSE: ST) EVP awarded shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensata Technologies Holding plc EVP and General Counsel David K. Stott reported compensation-related equity activity in company ordinary shares. He received a grant of 12,792 unvested restricted securities under the 2021 Equity Incentive Plan, vesting in three equal annual installments starting on April 1, 2027, subject to continued service.
Stott also acquired 4,906 additional shares upon vesting of performance-based stock unit awards granted in 2023. To cover taxes due at vesting, 5,120 shares were withheld at $35.18 per share. Following these transactions, he directly holds 46,022 ordinary shares, including 26,401 unvested restricted securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stott David K
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares, par value EUR 0.01 per share | 12,792 | $0.00 | -- |
| Grant/Award | Ordinary Shares, par value EUR 0.01 per share | 4,906 | $0.00 | -- |
| Tax Withholding | Ordinary Shares, par value EUR 0.01 per share | 5,120 | $35.18 | $180K |
Holdings After Transaction:
Ordinary Shares, par value EUR 0.01 per share — 46,236 shares (Direct)
Footnotes (1)
- Granted pursuant to the Sensata Technologies Holding plc 2021 Equity Incentive Plan. Consists of unvested restricted securities granted to the reporting person on April 1, 2026. The restricted securities vest over three years at one third per year, beginning on April 1, 2027 subject to the reporting person's continued service. 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 April 1, 2026. Includes 26,401 unvested restricted securities subject to the reporting person's continued service.
Key Figures
Restricted stock grant: 12,792 shares
Performance award vesting: 4,906 shares
Tax withholding shares: 5,120 shares
+3 more
6 metrics
Restricted stock grant
12,792 shares
Unvested restricted securities granted on April 1, 2026
Performance award vesting
4,906 shares
Additional shares from 2023 performance-based stock unit awards
Tax withholding shares
5,120 shares
Shares withheld to cover taxes at $35.18 per share
Tax withholding price
$35.18/share
Price used for tax-withholding disposition on April 1, 2026
Shares held after transactions
46,022 shares
Total ordinary shares directly held following reported activity
Unvested restricted securities
26,401 shares
Unvested restricted securities subject to continued service
Key Terms
restricted securities, performance-based stock unit awards, Equity Incentive Plan, taxes due
4 terms
restricted securities financial
"Consists of unvested restricted securities granted to the reporting person on April 1, 2026."
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
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.
Equity Incentive Plan financial
"Granted pursuant to the Sensata Technologies Holding plc 2021 Equity Incentive Plan."
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.
taxes due financial
"Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards."
FAQ
What did Sensata (ST) EVP David K. Stott report in this Form 4?
He reported equity compensation activity, not an open-market trade. Stott received restricted share grants and shares from performance-based awards, with a portion of shares withheld to satisfy tax obligations tied to those vesting events.
What are the performance-based awards mentioned for Sensata’s EVP?
He acquired 4,906 additional shares from vesting performance-based stock unit awards granted in 2023. These units convert into ordinary shares when performance conditions are satisfied and the vesting date is reached, increasing his equity exposure to Sensata’s business.