Hoang Thierry 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Sensient (SXT) VP Thierry Hoang Converts 1,293 PSUs to Shares
What Happened
Thierry Hoang, Vice President, Asia Pacific Group at Sensient Technologies (SXT), had 1,293 performance stock units vest and converted them into 1,293 shares on February 12, 2026. The Form 4 shows an "exercise/conversion" (transaction code M) with an acquisition of 1,293 shares at $0.00 and a corresponding derivative disposition of 1,293 units at $0.00 — indicating conversion of the award rather than an open-market sale. No cash proceeds were reported.
Key Details
- Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-13 — timely).
- Reported transactions: 1,293 shares acquired @ $0.00 (M); 1,293 derivative units disposed @ $0.00.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Relevant footnotes: vesting/conversion of performance stock units; PSUs represent a contingent right to one share; these PSUs vested at 85.4% of target based on multiyear performance criteria tied to adjusted EBITDA growth and adjusted return on invested capital.
- No 10b5‑1 plan, market sale, or cashless exercise was reported in the excerpt.
Context
This was a compensation-related conversion of vested performance units into common shares (a routine insider reporting of award vesting), not an open-market purchase or sale. The vesting at 85.4% of target means fewer shares were issued than the target award amount; such conversions reflect compensation outcomes rather than a direct buy/sell signal about the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-12+1,293→ 14,748 total - Exercise/Conversion
Performance Stock Unit
[F2][F1][F3]2026-02-12−1,293→ 0 total→ Common Stock (1,293 underlying)
- 1,429
Performance Stock Unit
[F2][F4]→ Common Stock (1,429 underlying) - 1,610
Performance Stock Unit
[F2][F5]→ Common Stock (1,610 underlying) - 1,925
Performance Stock Unit
[F2][F6]→ Common Stock (1,925 underlying)
Footnotes (6)
- [F1]Represents vesting of performance stock units at 85.4% of the target award amount and conversion to shares of Issuer's Common Stock.
- [F2]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.