LANDRY DONALD W 4
Research Summary
AI-generated summary
Sensient (SXT) Director Donald Landry Receives Restricted Stock
What Happened
- Donald W. Landry, a director of Sensient Technologies Corp. (SXT), was granted 1,119 restricted shares on 2026-04-23 (award reported as $0 per share). On the same date, 674 shares were disposed/withheld at $99.23 per share to cover tax withholding, totaling $66,881. The grant is a restricted stock award rather than an open‑market purchase; the withheld shares were surrendered to satisfy tax obligations.
Key Details
- Transaction dates: April 23, 2026; Form 4 filed April 27, 2026.
- Grant: 1,119 restricted shares @ $0.00 (Award).
- Withholding/disposal: 674 shares @ $99.23 = $66,881 (tax withholding).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Grant made under the issuer’s 2017 Stock Plan (as amended and restated).
- F2: Includes restricted shares held under the 2017 Stock Plan and shares in a dividend reinvestment plan.
- F3: The 674 shares were withheld to cover tax withholding related to the vesting of a prior restricted stock grant.
- Timing: Filing lists the transaction date and the Form 4 filing date; check the official filing for any timeliness flags.
Context
- This was a restricted stock grant (an award) combined with routine tax withholding — common when equity awards vest. The withheld shares should be viewed as a tax‑related disposition, not an independent sell signal about company prospects.