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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 29,516 | $0.00 | -- |
| Grant/Award | Common Stock | 19,677 | $0.00 | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a grant of restricted stock under the Issuer's 2017 Stock Plan, as amended and restated. The shares are restricted for three years following the grant date. Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing. Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing. Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock. The award is eligible to vest following a three-year performance period (from January 1, 2026 through December 31, 2028) based on applicable performance criteria related to revenue and return on invested capital and other terms and conditions. The number of shares reflected is at the target award amount, but the actual number of shares earned will depend on performance and may be more or less than such amount. Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2025 through December 31, 2027) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA growth, and (2) 30% of the award is eligible to vest upon achievement of certain performance criteria based on return on invested capital. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will be determined and vest following the three-year performance period. The number of shares reflected is at the target award amount. No performance stock units will vest below a minimum level of performance. At or above the minimum level of performance, the actual number of shares earned may range from 0% to 200% of the target award amount. Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2024 through December 31, 2026) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA growth, and (2) 30% of the award is eligible to vest upon achievement of certain performance criteria based on return on invested capital. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will be determined and vest following the three-year performance period. The number of shares reflected is at the target award amount. No performance stock units will vest below a minimum level of performance. At or above the minimum level of performance, the actual number of shares earned may range from 0% to 200% of the target award amount. Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2023 through December 31, 2025) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA growth, and (2) 30% of the award is eligible to vest upon achievement of certain performance criteria based on return on invested capital. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will be determined and vest following the three-year performance period. The number of shares reflected is at the target award amount. No performance stock units will vest below a minimum level of performance. At or above the minimum level of performance, the actual number of shares earned may range from 0% to 200% of the target award amount.
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.
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.
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.