Sensient Technologies (SXT) CFO reports tax share withholding and new PSUs
Rhea-AI Filing Summary
Sensient Technologies (SXT) reported equity transactions by its VP and Chief Financial Officer. On 12/08/2025, 586 shares of common stock were disposed of at $90.02 per share to cover tax withholding related to a prior restricted stock vesting, leaving 11,853 shares held directly and 955.228 shares held through the company ESOP as of the prior month-end.
The executive also holds several performance stock unit awards: 3,833, 3,341, and 1,758 units, each representing a contingent right to one share of common stock. These grants under the 2017 Stock Plan are eligible to vest over three-year performance periods tied 70% to EBITDA growth and 30% to return on invested capital, with actual shares earned ranging from 0% to 200% of target based on performance and continued employment conditions.
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FAQ
What insider transaction did SENSIENT TECHNOLOGIES (SXT) report on this Form 4?
The VP and Chief Financial Officer reported the disposition of 586 shares of common stock on 12/08/2025 at a price of $90.02 per share. The shares were withheld to cover tax obligations related to the vesting of a prior restricted stock grant.
How many SENSIENT TECHNOLOGIES (SXT) shares does the reporting officer hold after the transaction?
Following the reported transaction, the officer beneficially owns 11,853 shares of common stock directly and 955.228 shares indirectly through the issuer's ESOP as of the end of the month preceding the filing.
What performance stock unit (PSU) awards does the SXT executive hold?
The executive holds performance stock units covering 3,833, 3,341, and 1,758 shares of common stock. Each performance stock unit represents a contingent right to receive one share of Sensient Technologies common stock.
What performance metrics determine vesting of the SXT performance stock units?
For each PSU grant, 70% of the award is tied to performance criteria based on EBITDA growth, and 30% is tied to performance criteria based on return on invested capital. Vesting is also subject to continued employment and certain accelerated vesting conditions.
Over what periods can the SENSIENT TECHNOLOGIES (SXT) PSUs vest?
The PSUs may vest after three-year performance periods running from January 1, 2023 through December 31, 2025, January 1, 2024 through December 31, 2026, and January 1, 2025 through December 31, 2027, respectively, depending on the specific grant.
How many SXT shares could ultimately be earned from the PSU awards?
The number of shares earned for each PSU grant is based on performance. No units vest below a minimum performance level, and at or above that minimum, the actual number of shares earned may range from 0% to 200% of the target award amount.