Sensient (SXT) CEO reports PSU vesting, tax-withheld shares and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensient Technologies’ Chairman, President & CEO Paul Manning reported equity award activity on February 12, 2026. A block of 30,027 performance stock units vested at 85.4% of the target award and converted into an equal number of common shares at an exercise price of $0.
To cover tax withholding on this vesting, 15,013 common shares were withheld at $97.93 per share. After these transactions, Manning directly owned 275,954 common shares, plus indirect holdings of common stock through his children, the company’s ESOP, and a supplemental benefit plan.
He also continued to hold performance stock units that are eligible to vest after separate three-year performance periods, covering 42,442, 34,492, and 29,516 target shares. Vesting of these units depends on future achievement of performance criteria tied to adjusted EBITDA or revenue growth and return on invested capital.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,027 shares exercised/converted
Mixed
9 txns
Insider
Manning Paul
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 30,027 | $0.00 | -- |
| Exercise | Common Stock | 30,027 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,013 | $97.93 | $1.47M |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Unit — 0 shares (Direct);
Common Stock — 290,967 shares (Direct);
Common Stock — 80 shares (Indirect, By Children)
Footnotes (1)
- Represents vesting of performance stock units at 85.4% of the target award amount and conversion to shares of Issuer's Common Stock. Shares were withheld to cover tax withholding in connection with the vesting of performance stock units. 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. Performance stock units vested at 85.4% of the target award amount upon the Issuer's achievement of certain performance criteria based on adjusted EBITDA growth and adjusted return on invested capital during a three-year performance period. 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 SXT CEO Paul Manning report on February 12, 2026?
Paul Manning reported vesting of 30,027 performance stock units that converted into common shares at an exercise price of $0. This reflects equity compensation earned under performance criteria rather than an open-market stock purchase.
What performance stock units does SXT CEO Paul Manning continue to hold?
After the reported vesting, Paul Manning continued to hold performance stock units tied to 42,442, 34,492, and 29,516 target shares. These units may vest based on multi-year performance criteria related to EBITDA or revenue growth and return on invested capital.
How are SXT performance stock units structured for Paul Manning’s awards?
Each performance stock unit represents a contingent right to one share of Sensient common stock. Awards generally vest over three-year performance periods, with outcomes linked to adjusted EBITDA or revenue growth and return on invested capital, and potential payouts ranging from 0% to 200% of target in some grants.