Carleone Joseph 4
Research Summary
AI-generated summary
Sensient (SXT) Director Joseph Carleone Receives 1,119-Share Award
What Happened
Joseph Carleone, a director of Sensient Technologies Corp. (SXT), received a grant of 1,119 restricted shares on April 23, 2026. The shares were issued as an award (transaction code A) at $0.00 per share (total cash consideration $0), under the Issuer's 2017 Stock Plan.
Key Details
- Transaction date: 2026-04-23; Form filed: 2026-04-27 (filed within required 2 business days).
- Shares granted: 1,119 restricted shares; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes from the filing:
- F1: Grant made under the Issuer’s 2017 Stock Plan (as amended and restated).
- F2: Reporting person’s holdings include restricted plan shares and dividend reinvestment plan shares.
- F3: Deferred stock converts to common stock on a one-for-one basis.
- F4: Shares of common stock will be issued upon termination of the reporting person’s service as a director.
- Transaction type: Award/grant of restricted/deferred stock (not a cash purchase or sale).
Context
This is a compensation-related grant of restricted/deferred stock to a director. The award carries no immediate cash value in the filing and appears to convert one-for-one to common shares and may be issued upon termination of service. Such grants are routine director compensation and do not, by themselves, indicate buying or selling sentiment.