Sensient (NYSE: SXT) SVP reports PSU vesting and tax-share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensient Technologies senior vice president, general counsel and secretary John J. Manning reported equity compensation activity involving performance stock units and common shares on February 12, 2026. A block of 4,016 performance stock units vested at 85.4% of the target award and was converted into the same number of shares of common stock at $0 per share. To cover tax withholding related to this vesting, 2,008 common shares were disposed of at $97.93 per share, leaving him with 35,200.467 directly held common shares. He also has indirect beneficial ownership of additional common shares through his children, the company ESOP, and a supplemental benefit plan, and continues to hold several grants of performance stock units that may vest over future three‑year performance periods based on EBITDA growth, revenue and return on invested capital.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,016 shares exercised/converted
Mixed
9 txns
Insider
Manning John J
Role
SVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 4,016 | $0.00 | -- |
| Exercise | Common Stock | 4,016 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,008 | $97.93 | $197K |
| 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 — 37,208.467 shares (Direct);
Common Stock — 49.1 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 executive John J. Manning report?
John J. Manning reported vesting and conversion of 4,016 performance stock units into common shares, plus a related tax-withholding share disposition. These transactions reflect equity compensation events rather than open-market buying or selling activity in Sensient Technologies common stock.
What performance conditions apply to John J. Manning’s SXT performance stock units?
The performance stock units vest over three-year periods based on adjusted EBITDA growth, revenue and return on invested capital. Depending on results and continued employment conditions, actual shares earned can range from 0% to 200% of the target award amount for each grant.
What does the 85.4% vesting level mean for SXT performance stock units?
The 85.4% figure means the company met performance criteria such that 85.4% of the target performance stock unit award vested and converted to common shares. This vesting rate reflects Sensient Technologies’ performance against adjusted EBITDA growth and adjusted return on invested capital over the three-year measurement period.