Ferruzzi Mario 4
Research Summary
AI-generated summary
SENSIENT (SXT) Director Mario Ferruzzi Receives 63.975-Share Award
What Happened
- Mario Ferruzzi, a director of Sensient Technologies Corp. (SXT), was granted 63.975 shares on 2026-03-31 as an award/derivative acquisition. The reported acquisition price is $0.00, so no cash was paid in the transaction. The filing classifies this as a derivative award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-01 (timely).
- Amount: 63.975 shares; Price per share reported: $0.00; Total cash value reported: $0.
- Nature: Award/derivative (restricted or deferred stock), not a sale or market purchase.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes in the filing indicate these shares relate to restricted stock, dividend reinvestment, director fee deferral, ESOP holdings, conversion of deferred stock to common stock, and potential issuance upon termination of service (see F1–F5).
- No indication this was part of a 10b5-1 plan or a sale; not a tax-withholding or cashless exercise event.
Context
- Director awards and deferred-compensation grants are common forms of non-cash compensation and do not by themselves signal buying or selling intent in the market. The filing’s footnotes suggest these shares are part of Sensient’s director compensation/deferral arrangements and may convert to common stock on a one-for-one basis or be issued upon termination per plan rules.