Carleone Joseph 4
Research Summary
AI-generated summary
Sensient (SXT) Director Joseph Carleone Receives 296 Share Award
What Happened
- Joseph Carleone, a director of Sensient Technologies Corp (SXT), was granted 296.253 shares on 2026-06-30. The award is recorded at a $0 acquisition price (no cash paid) and is reported as a derivative grant/award (transaction code A). This appears to be director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (appears timely).
- Shares granted: 296.253; price per share: $0.00; total cash value at grant: $0 (award/deferral).
- Transaction type: Award/Grant (derivative), likely deferred stock or restricted stock units under the issuer's plans.
- Shares owned after transaction: Not specified in the provided filing details.
- Relevant footnotes from the filing:
- F1: Includes restricted stock under the 2017 Stock Plan and shares held in a dividend reinvestment plan.
- F2: Deferred stock converts to common stock on a one-for-one basis.
- F3: Grant results from deferral of director fees under the Directors' Deferred Compensation Plan.
- F4: Common shares will be issued upon termination of the reporting person's service as a director (i.e., vesting/issuance tied to service termination).
Context
- This is a routine director compensation award (deferred/restricted shares) and not an outright purchase or sale. Such grants compensate service and may convert to common stock per plan terms; they do not by themselves signal a buy/sell decision by the insider.