SentinelOne Interim CFO Barry Padgett Receives Award, Sells Shares

What Happened
Barry L. Padgett, Interim Chief Financial Officer of SentinelOne (S), had the first tranche of a 2025 performance-based restricted stock unit (PRSU) award certified and settled on March 23, 2026 (92,662 RSUs earned and vested at 90.2% of target). On March 25, 2026 he sold 32,221 of those shares in an issuer-mandated "sell-to-cover" transaction at $13.37 per share, generating $430,795. The sale was to satisfy tax withholding and was not a discretionary trade by the reporting person.

Key Details

• Grant/Acquisition: 92,662 performance RSUs became earned and vested on 2026-03-23 (first of four tranches; vested at 90.2% of target). (F1, F2)
• Sale: 32,221 shares sold on 2026-03-25 at $13.37 per share, proceeds $430,795. (F4)
• Net effect from these transactions: +60,441 shares retained after the sell-to-cover (92,662 acquired − 32,221 sold). Some of the vested shares remain subject to potential forfeiture per plan terms. (F3)
• Filing: Report filed March 25, 2026 (appears timely under Form 4 rules).
• Sale type: Issuer-mandated sell-to-cover to satisfy tax withholding — not a discretionary market sale.

Context
Performance RSUs vest based on pre-determined corporate performance milestones and continued service; the first tranche was certified by the compensation committee and settled for shares on the certification date. Sell-to-cover transactions to satisfy withholding are common and reflect tax obligations at vesting rather than a voluntary decision to reduce holdings.