SIEDEL RICHARD W. JR. 4
Research Summary
AI-generated summary
Sensata SVP Richard Siedel Receives 7,036-Share Award
What Happened
- Richard W. Siedel Jr., Sensata Technologies' Senior Vice President & Chief Accounting Officer, was granted 7,036 restricted shares on April 1, 2026 under the Sensata Technologies Holding plc 2021 Equity Incentive Plan. The Form 4 records the grant at $0 (typical for restricted awards).
- As part of tax withholding, 709 shares were surrendered/disposed at $35.18 per share to cover taxes, totaling approximately $24,943.
Key Details
- Transaction date: April 1, 2026; filing date: April 3, 2026 (timely filing).
- Grant type: Restricted stock award under the 2021 Equity Incentive Plan (Footnote F1).
- Vesting: The newly granted restricted shares vest over three years at one-third per year, beginning April 1, 2027, subject to continued service (F2).
- Tax withholding: 709 shares withheld to cover taxes upon vesting (F3); Form notes a total of 14,406 unvested restricted securities held by the reporting person after the transaction (F4).
- Transaction codes: A = Award/Grant; F = Tax withholding (surrendered shares).
Context
- This was an equity award, not an open-market purchase or a sale (aside from routine withholding to cover taxes). Restricted-share grants are common compensation for executives and vest over time, so they do not necessarily signal immediate bullish or bearish insider sentiment.
- The withholding of shares to cover taxes is standard practice and should be read as a tax-covering action, not a discretionary sale.