4Filed Sep 14, 8:00 PM ET
SentinelOne (S) CEO Tomer Weingarten Sells 114,890 Shares
$S · SentinelOne, Inc.Research Summary
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SentinelOne (S) CEO Tomer Weingarten Sells 114,890 Shares
What Happened
- Tomer Weingarten, President, CEO and Director of SentinelOne, sold 114,890 shares in an open‑market transaction on September 11, 2026, for total proceeds of $2,285,151 (weighted average price $19.89). On the same date he converted 57,941 shares of Class B common stock into 57,941 shares of Class A common stock (no cash exchanged) — the filing records the conversion both as an acquisition of Class A and the disposition/termination of the derivative Class B interest.
Key Details
- Transaction date: September 11, 2026; Form 4 filed September 15, 2026 (timely filing).
- Sale: 114,890 shares; weighted average price $19.89; prices in the sales ranged from $19.72 to $20.22. Total proceeds reported: $2,285,151. (Reporting person can provide per‑trade breakdown on request — see footnote.)
- Conversion: 57,941 Class B → 57,941 Class A shares; no cash paid (conversion treated as acquisition of Class A and disposition of the derivative Class B).
- Trading plan: Sales were made under a Rule 10b5‑1 plan adopted June 3, 2025.
- Vesting/forfeiture note: Some of the shares may be subject to forfeiture if vesting conditions are not met.
- Trust holdings: Certain shares are held in an irrevocable trust; reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- Shares owned after the transaction: not specified in the data provided.
Context
- The conversion of Class B to Class A is a structural, non‑cash event (each Class B share converts into one Class A share under the company’s terms). The sale was part of a prearranged 10b5‑1 plan (routine disposition), which reduces—but does not eliminate—questions about timing and intent. The filing is informational; it does not by itself indicate company performance or management sentiment.