Conder Keenan Michael 4
4 · SentinelOne, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
SentinelOne CLO Keenan Conder Sells 5,578 Shares
What Happened
Keenan Conder, Chief Legal Officer and Secretary of SentinelOne (S), had performance-based restricted stock units (PRSUs) certified as earned on March 23, 2026 and received shares from those awards (9,074 and 13,715 shares, reported as awards at $0 cost). On March 25, 2026 Conder sold 5,578 shares at $13.37 each, generating proceeds of $74,578. The sale was an issuer-mandated "sell-to-cover" to satisfy tax withholding and was not a discretionary trade by the reporting person.
Key Details
- Transaction dates: March 23, 2026 (certification/award); March 25, 2026 (sale).
- Awards: 9,074 shares and 13,715 shares reported as acquired (performance-based PRSUs, $0 acquisition price).
- Sale: 5,578 shares sold at $13.37 per share for $74,578 total.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: Awards are performance-based PRSUs (tranches certified at 90.2% of target), vesting tied to corporate milestones and continued service; some shares remain subject to forfeiture; the sale was a required sell-to-cover for tax withholding under the company plan.
- Filing: Report filed March 25, 2026 for transactions certified March 23–25; appears to have been filed within the standard Form 4 timeframe.
Context
Performance-based RSUs vest only if pre-set corporate performance milestones and service conditions are met; the filings show one tranche from a 2024 PRSU and one tranche from a 2025 PRSU were certified (each tranche representing one-fourth of the respective award). A sell-to-cover is a routine, company-directed sale to fund tax withholding when awards vest and does not necessarily reflect the insider's view of the stock.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3][F4]2026-03-23+9,074→ 566,258 total - Award
Class A Common Stock
[F2][F3][F5][F4]2026-03-23+13,715→ 579,973 total - Sale
Class A Common Stock
[F6][F4]2026-03-25$13.37/sh−5,578$74,578→ 574,395 total
Footnotes (6)
- [F1]The reported transaction represents the certification of achievement of the second tranche of a performance-based restricted stock unit award granted to the reporting person by the Issuer's compensation committee on March 15, 2024 (the "2024 PRSU Award").
- [F2]Vesting of each respective tranche of each PRSU Award (defined below) is based on the achievement of pre-determined corporate performance milestones for such PRSU Award and is subject to the reporting person's continued service through the certification date of achievement of the relevant tranche.
- [F3]On March 23, 2026 (the "Certification Date"), the Issuer's compensation committee certified achievement of the tranches of the PRSU Awards reported herein, resulting in one-fourth of each award becoming earned at 90.2% of the respective target amounts granted. The performance restricted stock units comprising the tranches so earned are fully vested and may be settled for shares of the Issuer's Class A common stock on the Certification Date.
- [F4]Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.
- [F5]The reported transaction represents the certification of achievement of the first of four tranches of a performance-based restricted stock unit award granted to the reporting person by the Issuer's compensation committee on April 14, 2025 (the "2025 PRSU Award" and, together with the 2024 PRSU Award, the "PRSU Awards").
- [F6]The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of performance-based Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person. Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations must be funded by a "sell to cover" transaction.