Sensata Technologies Holding plc·4

Jun 11, 4:20 PM ET

TEICH ANDREW C 4

Research Summary

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Sensata (ST) Director Andrew Teich Receives Restricted Award

What Happened
Andrew C. Teich, a director of Sensata Technologies Holding plc (ST), received a grant of 3,827 restricted shares on June 9, 2026 (reported as an award). Separately, 506 shares were withheld/disposed to cover taxes at $49.65 per share, producing proceeds of $25,123. The award was recorded with an acquisition price of $0 (typical for compensation grants); the withholding/disposal is a routine tax-related transaction.

Key Details

  • Transaction dates: June 9, 2026 (award and tax withholding/disposition). Filing date: June 11, 2026 (filed timely within the 2-business-day window).
  • Award: 3,827 restricted shares granted (code A); acquisition price reported $0.
  • Tax withholding/disposition: 506 shares withheld/disposed (code F) at $49.65 each = $25,123.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes:
    • F1: Grant made under the Sensata Technologies Holding plc 2021 Equity Incentive Plan.
    • F2: These are unvested restricted securities that vest 100% on the date of the 2027 Annual Shareholders Meeting.
    • F3: The 506 shares represent shares withheld to cover taxes due upon vesting of certain restricted security awards.
  • No indication of a 10b5-1 plan, gift, or option exercise in this filing.

Context
This filing reflects a standard compensation award of restricted stock (not an open-market purchase) and a routine tax withholding transaction. The award itself doesn’t require cash outlay by the insider (acquisition price $0) and should be viewed as compensation rather than a bullish purchase signal. The withholding of 506 shares to cover taxes is common practice when restricted awards vest or are granted with tax obligations.