Sensient Technologies (SXT) director granted new deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensient Technologies director Mario Ferruzzi received a grant of 63.975 units of Deferred Stock as compensation. The deferred stock converts to common stock on a one-for-one basis and represents deferral of director fees under the company’s Directors' Deferred Compensation Plan.
After this award, Ferruzzi holds 3,322.810 deferred stock units and 8,076.186 shares of common stock directly, including restricted stock and shares in a dividend reinvestment plan, plus 227.665 common shares held indirectly through his spouse’s ESOP account.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ferruzzi Mario
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock | 63.975 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock — 3,322.81 shares (Direct);
Common Stock — 8,076.186 shares (Direct);
Common Stock — 227.665 shares (Indirect, Spouse's ESOP)
Footnotes (1)
- Includes shares of restricted stock held under Issuer's 2017 Stock Plan, as amended and restated, and shares held in a dividend reinvestment plan. Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing. Deferred stock converts to common stock on a one-for-one basis. Deferral of director fees under Issuer's Directors' Deferred Compensation Plan. Shares of common stock will be issued upon termination of reporting person's service as a director of the Issuer.
Key Figures
Deferred stock grant: 63.975 units
Deferred stock holdings: 3,322.810 units
Direct common stock: 8,076.186 shares
+2 more
5 metrics
Deferred stock grant
63.975 units
Director fee deferral award on Deferred Stock
Deferred stock holdings
3,322.810 units
Deferred Stock units after the reported grant
Direct common stock
8,076.186 shares
Direct SXT common shares held after transaction
Indirect common stock
227.665 shares
Indirect holdings via spouse’s ESOP
Conversion ratio
1:1
Deferred Stock units convert into common stock
Key Terms
Deferred Stock, Directors' Deferred Compensation Plan, ESOP, dividend reinvestment plan
4 terms
Deferred Stock financial
"Deferred stock converts to common stock on a one-for-one basis."
Directors' Deferred Compensation Plan financial
"Deferral of director fees under Issuer's Directors' Deferred Compensation Plan."
ESOP financial
"Represents shares held in Issuer's ESOP as of the end of the month"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
dividend reinvestment plan financial
"includes ... shares held in a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
What insider transaction did SXT director Mario Ferruzzi report on this Form 4?
Mario Ferruzzi reported receiving 63.975 units of Deferred Stock as a grant. The award represents deferred director fees and converts into an equal number of Sensient Technologies common shares under the Directors' Deferred Compensation Plan, with shares issued when his board service ends.
How many deferred stock units does SXT director Mario Ferruzzi hold after this transaction?
After the grant, Mario Ferruzzi holds 3,322.810 Deferred Stock units. These units are tied to Sensient Technologies common stock on a one-for-one basis and are scheduled to be issued as shares when his service as a director terminates.
What is Deferred Stock in the context of SXT’s director compensation?
Deferred Stock represents director fees converted into stock units instead of immediate cash. For Sensient Technologies, each deferred stock unit converts into one common share, with issuance occurring when the director’s service ends, aligning compensation with long-term shareholder interests.