Sensient Technologies (NYSE: SXT) details CEO restricted stock and PSU awards
Rhea-AI Filing Summary
Sensient Technologies Corp. reported new equity awards to its Chairman, President & CEO. On 12/17/2025, the executive received a grant of 19,677 shares of restricted common stock at no cost under the company’s 2017 Stock Plan; these shares are restricted for three years from the grant date.
The filing also reports a new award of 29,516 performance stock units, each representing a contingent right to one share of common stock. This award is eligible to vest after a three-year performance period from January 1, 2026 through December 31, 2028, based on revenue and return on invested capital targets, with the 29,516 shares representing the target amount and the actual payout varying with performance.
Following the reported transactions, the executive beneficially owns 260,940 common shares directly, plus additional indirect holdings through family and company benefit plans, and previously granted performance stock units tied to three-year performance periods based on EBITDA growth and return on invested capital.
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FAQ
What insider equity awards did Sensient Technologies (SXT) disclose in this filing?
The company reported that its Chairman, President & CEO received 19,677 shares of restricted common stock at no cost and 29,516 performance stock units, both granted under Sensient’s 2017 Stock Plan.
How many Sensient Technologies (SXT) restricted shares were granted and when do they vest?
The executive was granted 19,677 restricted shares of common stock. These shares are restricted for three years following the 12/17/2025 grant date.
What are the terms of the 29,516 performance stock units granted by Sensient Technologies (SXT)?
Each performance stock unit is a contingent right to one share of common stock. The 29,516-unit award can vest after a three-year period from January 1, 2026 through December 31, 2028, based on revenue and return on invested capital performance criteria, with the 29,516 units representing the target amount.
How many Sensient Technologies (SXT) shares does the executive beneficially own after this transaction?
After the reported awards, the executive beneficially owns 260,940 common shares directly, plus 80 shares held by children, 893.505 shares in the ESOP, and 3,207.718 shares in the Supplemental Benefit Plan.
What existing performance stock unit awards in Sensient Technologies (SXT) are disclosed?
The report shows previously granted performance stock units covering three-year periods beginning in 2023, 2024, and 2025, with target amounts of 35,160, 42,442, and 34,492 units respectively. These awards vest based on EBITDA growth and return on invested capital metrics.
How is performance measured for Sensient Technologies (SXT) performance stock units?
For the multi-year awards, 70% of the units are tied to EBITDA growth and 30% to return on invested capital. Actual shares earned after each three-year period can range from 0% to 200% of the target amount if minimum performance is met.