Sensient Technologies (SXT) VP reports tax-withheld shares and PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensient Technologies VP, Controller, and CAO Adam Vanderleest reported that 133 shares of common stock were withheld on March 2, 2026 at $100.58 per share to cover taxes on a prior restricted stock vesting, leaving 2,066 directly held shares. He also reports direct holdings of performance stock units that may vest over three-year periods based on EBITDA growth, revenue, and return-on-invested-capital goals, plus 341.255 indirectly held ESOP shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Vanderleest Adam
Role
VP, Controller, and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 133 | $100.58 | $13K |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,066 shares (Direct);
Performance Stock Unit — 286 shares (Direct);
Common Stock — 341.255 shares (Indirect, ESOP)
Footnotes (1)
- Shares were withheld to cover tax withholding in connection with the vesting of a prior restricted stock grant. Includes shares of restricted stock held under Issuer's 2017 Stock Plan, as amended and restated. Represents shares held in Issuer's ESOP 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. 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, 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. 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.
FAQ
What insider transaction did Sensient Technologies (SXT) report for Adam Vanderleest?
Sensient Technologies reported that VP, Controller, and CAO Adam Vanderleest had 133 common shares withheld on March 2, 2026 to cover tax obligations from a prior restricted stock vesting, at a price of $100.58 per share, rather than an open-market sale.
What performance stock units does Adam Vanderleest report at Sensient Technologies (SXT)?
Adam Vanderleest reports several performance stock unit awards, each representing a contingent right to receive one share of common stock. These units can vest after three-year performance periods tied to EBITDA growth, revenue, and return-on-invested-capital targets, subject to continued employment and plan conditions.