Sensient Technologies (NYSE: SXT) director receives deferred stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Joseph Carleone was credited with 296.253 shares of Deferred Stock, representing a grant or award tied to the deferral of director fees under Sensient Technologies’ Directors' Deferred Compensation Plan. This deferred stock converts into common stock on a one-for-one basis, with shares of common stock to be issued when his board service ends. Following these entries, he holds 24,163.893 shares of common stock directly, including restricted stock under the 2017 Stock Plan and shares accumulated through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Carleone Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock | 296.253 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock — 24,163.893 shares (Direct, null);
Common Stock — 23,735.029 shares (Direct, null)
Footnotes (1)
- Includes shares of restricted stock held under Issuer's 2017 Stock Plan, as amended and restated, and shares held in a dividend reinvestment plan. Deferred stock converts to common stock on a one-for-one basis. Deferral of director fees under Issuer's Directors' Deferred Compensation Plan. Shares of common stock will be issued upon termination of reporting person's service as a director of the Issuer.
Key Figures
Deferred stock grant: 296.253 shares
Common shares after transaction: 24,163.893 shares
Deferred stock conversion rate: 1:1 to common stock
3 metrics
Deferred stock grant
296.253 shares
Director fee deferral under Directors' Deferred Compensation Plan
Common shares after transaction
24,163.893 shares
Direct common stock holdings following reported entries
Deferred stock conversion rate
1:1 to common stock
Deferred stock converts to common stock on a one-for-one basis
Key Terms
Deferred Stock, Directors' Deferred Compensation Plan, restricted stock, dividend reinvestment plan
4 terms
Deferred Stock financial
"Deferred stock converts to common stock on a one-for-one basis."
Directors' Deferred Compensation Plan financial
"Deferral of director fees under Issuer's Directors' Deferred Compensation Plan."
restricted stock financial
"Includes shares of restricted stock held under Issuer's 2017 Stock Plan, as amended and restated,"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
dividend reinvestment plan financial
"and shares held in a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
What insider transaction did Sensient Technologies (SXT) report for Joseph Carleone?
Sensient Technologies reported that director Joseph Carleone received a grant of 296.253 shares of Deferred Stock. This award reflects deferred director fees and is not an open-market stock purchase or sale, but a compensation-related acquisition.
Is the Sensient (SXT) Form 4 a buy or sell signal for investors?
The Form 4 primarily records a grant of deferred stock tied to director fees, not an open-market buy or sell. It reflects routine board compensation, so it does not represent a typical trading signal about the director’s market view.
What plans or programs are referenced in the Sensient Technologies Form 4 for Joseph Carleone?
The filing references the 2017 Stock Plan, as amended and restated, which governs restricted stock, and the Directors' Deferred Compensation Plan, under which director fees are deferred and credited as deferred stock units convertible into common shares later.