Weingarten Tomer 4

What Happened

• Tomer Weingarten, President, CEO and a director of SentinelOne, converted 57,941 shares of Class B common stock into Class A common stock and sold those 57,941 Class A shares in an open-market transaction on July 1, 2026. The weighted-average sale price was $17.71 for aggregate proceeds of approximately $1,025,851. The reported sales were executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (reporting period 2026-07-01).
• Sale: 57,941 shares disposed in open market at a weighted avg price of $17.71; reported price range $17.26–$17.885. Total proceeds ≈ $1,025,851.
• Conversion: 57,941 Class B → Class A shares recorded as an acquisition at $0.00 (conversion) and also reflected as the disposition of the derivative security on the same date.
• Plan/authorization: Sales effected pursuant to a Rule 10b5-1 plan adopted June 3, 2025.
• Other notes from filing:
  • Some of the shares are subject to forfeiture if underlying vesting conditions are not met.
  • Each Class B share converts 1:1 to Class A and converts automatically on certain events (per footnotes).
  • Certain securities are held by an irrevocable trust; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Shares owned after the transaction: not stated in the provided excerpt of the Form 4.

Context

• This was a sale of shares (liquidity event) rather than a purchase—sales under pre-established 10b5-1 plans are typically routine and do not necessarily signal a change in insider sentiment.
• The filing records both the derivative conversion (Class B → Class A) and the immediate open-market sale; this is effectively a conversion followed by sale rather than an option exercise for cashless sale.