Conder Keenan Michael 4

What Happened
Keenan Conder, Chief Legal Officer and Secretary of SentinelOne (S), had performance-based restricted stock units (PRSUs) certified as earned on March 23, 2026 and received shares from those awards (9,074 and 13,715 shares, reported as awards at $0 cost). On March 25, 2026 Conder sold 5,578 shares at $13.37 each, generating proceeds of $74,578. The sale was an issuer-mandated "sell-to-cover" to satisfy tax withholding and was not a discretionary trade by the reporting person.

Key Details

• Transaction dates: March 23, 2026 (certification/award); March 25, 2026 (sale).
• Awards: 9,074 shares and 13,715 shares reported as acquired (performance-based PRSUs, $0 acquisition price).
• Sale: 5,578 shares sold at $13.37 per share for $74,578 total.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: Awards are performance-based PRSUs (tranches certified at 90.2% of target), vesting tied to corporate milestones and continued service; some shares remain subject to forfeiture; the sale was a required sell-to-cover for tax withholding under the company plan.
• Filing: Report filed March 25, 2026 for transactions certified March 23–25; appears to have been filed within the standard Form 4 timeframe.

Context
Performance-based RSUs vest only if pre-set corporate performance milestones and service conditions are met; the filings show one tranche from a 2024 PRSU and one tranche from a 2025 PRSU were certified (each tranche representing one-fourth of the respective award). A sell-to-cover is a routine, company-directed sale to fund tax withholding when awards vest and does not necessarily reflect the insider's view of the stock.