Ferruzzi Mario 4
Research Summary
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SENSIENT (SXT) Director Mario Ferruzzi Receives Restricted Stock Award
What Happened Mario Ferruzzi, a director of Sensient Technologies (SXT), was granted 1,119 restricted shares on 2026-04-23 (grant code A). At the same time 674 shares were withheld to cover tax withholding related to vesting (code F) at an indicated value of $99.23 per share, totaling $66,881. Net of the withholding, Ferruzzi received 445 shares (1,119 granted − 674 withheld).
Key Details
- Transaction date: 2026-04-23; Filing date: 2026-04-27 (filed within the required reporting window).
- Grant: 1,119 restricted shares, acquisition price shown as $0.00 (award under the company plan).
- Withholding: 674 shares disposed at $99.23 each for tax withholding; total value ≈ $66,881.
- Net issued to reporting person: 445 shares (1,119 − 674).
- Shares owned after transaction: not specified in the provided excerpt.
- Relevant footnotes:
- F1: Grant represents restricted stock under the Issuer’s 2017 Stock Plan.
- F3: Shares were withheld to cover tax withholding in connection with vesting of a prior restricted stock grant.
- Other footnotes in the filing reference plan holdings and timing of issuance (see full Form 4 for details).
Context This was an award of restricted stock with shares withheld to satisfy tax obligations — a routine, administrative disposition rather than an open-market sale. Such tax-withholding dispositions do not necessarily indicate a change in the insider’s view of the company; they reflect standard vesting and payroll-tax procedures.