[Form 4] Sensient Technology Corporation Insider Trading Activity
Paul Manning, Chairman, President & CEO of Sensient Technologies Corporation (SXT), reported insider transactions dated 08/11/2025. The filing discloses a purchase of 20 shares at $116.94 and a disposition of 252,983 shares. It also records indirect holdings of 889.327 shares in the company's ESOP and 3,192.719 shares in the Supplemental Benefit Plan as of the end of the prior month.
The report shows grants of performance stock units under the 2017 Stock Plan with target amounts of 35,160, 42,442, and 34,492 PSUs. Each PSU converts to one share at target and vests after three-year performance periods tied 70% to EBITDA growth and 30% to return on invested capital, with actual payout ranging from 0% to 200% of target.
- Performance stock unit grants of 35,160, 42,442, and 34,492 units tie executive pay to EBITDA growth (70%) and ROIC (30%).
- Indirect holdings in employee plans are disclosed: 889.327 shares in the ESOP and 3,192.719 shares in the Supplemental Benefit Plan, indicating continued economic exposure to the company.
- Large disposition of 252,983 shares reported by the CEO, a material insider sale disclosed on the Form 4.
- Form does not state the purpose or plan (e.g., Rule 10b5-1) for the sale, leaving motive and timing unexplained in the filing.
Insights
TL;DR: CEO Paul Manning reported a large share disposal alongside small purchase and multi-year performance awards.
The Form 4 shows a material disposition of 252,983 common shares and a nominal purchase of 20 shares at $116.94. The filing also documents indirect plan holdings and multiple performance stock unit grants with three-year performance periods tied to EBITDA growth and return on invested capital. From a governance perspective, the mix of an executive sale and long-term PSU awards is consistent with routine liquidity actions combined with incentive alignment; the document does not state the reason for the sale or any trading plan reliance beyond what is shown.
TL;DR: Management received target PSUs that explicitly tie pay to EBITDA and ROIC over three-year cycles.
The filing lists target PSU grants of 35,160, 42,442, and 34,492 units, each eligible to vest after defined three-year performance windows. The award structure—70% tied to EBITDA growth and 30% to return on invested capital, with payouts from 0% to 200% of target—indicates a performance-based long-term incentive design. These grants are explicit compensation actions; the Form 4 does not quantify potential dilution or expected accounting expense.