Hoang Thierry 4

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.