Sensient Technologies (NYSE: SXT) grants restricted stock and PSUs to SVP
Rhea-AI Filing Summary
Sensient Technologies reported equity awards for its SVP, General Counsel and Secretary, John J. Manning. On December 17, 2025, he was granted 2,796 shares of restricted common stock under the company’s 2017 Stock Plan at a price of $0 per share; these shares are restricted for three years following the grant date.
He also received a new award of 4,195 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, and the 4,195 units reflect the target amount, with the actual shares earned depending on performance. Following these transactions, Manning beneficially owns 33,192.467 common shares directly, plus additional indirect holdings through family and company benefit plans.
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FAQ
What equity awards did Sensient Technologies (SXT) grant to its SVP, GC & Secretary?
The company granted 2,796 shares of restricted common stock at $0 per share and a new award of 4,195 performance stock units to SVP, General Counsel and Secretary John J. Manning on December 17, 2025.
What are the vesting terms for the 2,796 restricted shares at Sensient Technologies (SXT)?
The 2,796 restricted shares were granted under Sensient’s 2017 Stock Plan, as amended and restated, and are restricted for three years following the grant date.
How do the 4,195 performance stock units for Sensient Technologies (SXT) executive work?
Each of the 4,195 performance stock units represents a contingent right to receive one share of common stock. The award is eligible to vest after a three-year performance period from January 1, 2026 through December 31, 2028, based on performance criteria related to revenue and return on invested capital, and 4,195 is the target award amount.
What performance metrics apply to earlier performance stock unit awards mentioned for Sensient Technologies (SXT)?
Earlier performance stock unit grants under the 2017 Stock Plan use three-year performance periods (from January 1, 2023 through December 31, 2025, January 1, 2024 through December 31, 2026, and January 1, 2025 through December 31, 2027). For these awards, 70% of the units are tied to EBITDA growth and 30% to return on invested capital. Subject to continued employment and other conditions, no units vest below a minimum level of performance, and at or above that minimum, actual shares earned may range from 0% to 200% of the target amount.
How many Sensient Technologies (SXT) common shares does the executive beneficially own after these transactions?
After the reported transactions, John J. Manning beneficially owns 33,192.467 shares of Sensient common stock directly. He also has indirect holdings of 49.1 shares held by children, 559.511 shares held in the company’s ESOP, and 507.469 shares held in the Supplemental Benefit Plan.