Black Daniel 4
Research Summary
AI-generated summary
Sensata (ST) Director Daniel Black Receives Restricted Share Award
What Happened
- Director Daniel Black was granted 3,827 restricted shares of Sensata Technologies (ST) on June 9, 2026 under the Sensata 2021 Equity Incentive Plan. The shares were reported at $0.00 as an award (code A).
- Simultaneously, 208 shares were withheld to cover taxes upon vesting (code F) at a withholding price of $49.65 per share, representing $10,327. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction dates: June 9, 2026 (grant and tax withholding); Form 4 filed June 11, 2026 (timely within the 2‑business‑day reporting window).
- Grant: 3,827 restricted shares (A) issued at $0.00.
- Tax withholding: 208 shares (F) withheld at $49.65/share for $10,327.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes: granted under the Sensata 2021 Equity Incentive Plan (F1); shares are unvested and vest 100% on the date of the 2027 Annual Shareholders Meeting (F2); 208 shares withheld to cover taxes upon vesting (F3).
- Transaction codes: A = award/grant, F = tax withholding.
Context
- These restricted shares are compensation and will remain unvested until the 2027 annual meeting; awards like this are routine executive/director compensation and do not necessarily signal a directional view on the stock.
- The withholding of 208 shares is a standard cashless method to satisfy tax obligations upon vesting, reducing the net shares the insider will ultimately receive.