Manning John J 4

What Happened

• John J. Manning, SVP, General Counsel & Secretary of SENSIENT TECHNOLOGIES CORP (SXT), had 4,016 performance stock units convert to 4,016 shares on 2026-02-12.
• To cover tax withholding, 2,008 of those shares were withheld (disposed) at a reported value of $97.93 per share, totaling about $196,643. Net shares issued to Manning after withholding were 2,008 shares.
• Transaction types in the filing: M = exercise/conversion of derivative (conversion of PSUs to shares); F = shares withheld to satisfy tax withholding. This is a routine vesting/conversion event rather than an open-market sale or purchase.

Key Details

• Transaction date: February 12, 2026. Filing date: February 13, 2026 (timely filing).
• Shares converted: 4,016 shares (from performance stock units).
• Shares withheld for taxes: 2,008 shares at $97.93 each, total ≈ $196,643. Net shares received: 2,008.
• Shares owned after transaction: not explicitly stated in the Form 4; filing includes footnotes showing holdings in the Issuer’s ESOP and Supplemental Benefit Plan as of the end of the prior month.
• Relevant footnotes: PSUs vested at 85.4% of target based on performance (adjusted EBITDA growth and adjusted return on invested capital) over a three‑year period; each PSU converts into one share at vesting; awards granted under the 2017 Stock Plan.
• Transaction codes: M = exercise/conversion of derivative; F = tax withholding. No late filing indicated.

Context

• This was a performance-unit vesting/conversion event (not a purchase or discretionary sale). The company withheld shares to cover tax obligations — a common cashless-withholding mechanism.
• The PSUs vested at 85.4% of target under pre-set performance metrics (EBITDA growth and return on invested capital), so the number of shares issued reflects achieved performance, not an open-market trade.
• These transactions are routine compensation-related transactions and do not necessarily indicate insider sentiment about the stock.