Tornehl Tobin 4

What Happened

• Tornehl Tobin, Chief Financial Officer of Sensient Technologies (SXT), had performance stock units vest and convert into 1,502 shares on Feb 12, 2026. To cover tax withholding, 751 of those shares were withheld (disposed) at an implied value of $97.93 per share, equal to $73,545. The conversion was recorded as an exercise/conversion of a derivative (no cash exercise price).

Key Details

• Transaction date: February 12, 2026; Form 4 filed February 13, 2026.
• Conversion: 1,502 performance stock units → 1,502 shares (exercise/conversion, code M).
• Tax withholding: 751 shares withheld/disposed (code F) at $97.93 each; total withheld value reported $73,545.
• Footnotes: PSUs vested at 85.4% of target based on multi-year performance metrics (adjusted EBITDA growth and adjusted ROIC). Each PSU equals one share on vesting. Shares were withheld to cover tax obligations.
• Filing timeliness: No late filing flag indicated.

Context

• This was not an open-market sale — it reflects vesting/settlement of performance awards and routine share withholding to satisfy tax liabilities (common corporate payroll/tax practice). The underlying award was performance-based (multi-year metrics) rather than an option requiring cash to exercise (exercise price shown as $0 because PSUs converted to shares). Such transactions typically reflect compensation settlement, not a directional buy or sell signal.