SentinelOne Insiders Sell 90,175 Shares
SentinelOne Insiders Sell 90,175 Shares
Anonymous
Key Points
1
CFO Sonalee Parekh retained 942,617 SentinelOne shares after the sale, representing 0.28% of the company and worth approximately $18.3 million at the September 8 closing price.
2
Parekh’s 21,664 shares were sold in multiple transactions ranging from $19.11 to $19.79; the reported $19.44 price was the weighted average execution price.
3
SentinelOne reported trailing 12-month revenue of $1.1 billion, while its shares had generated a 5% one-year total return as of the filing date.
4
The September 8 sales followed earlier insider transactions: CEO Tomer Weingarten had sold 53,811 shares on August 6, while insider Keenan Conder had sold 26,374 shares that day, both at an average price of $20.08.
SentinelOne insiders sold 90,175 shares on September 8, 2026, including CEO Tomer Weingarten, CFO Sonalee Parekh, Chief Accounting Officer Robin Tomasello, and insider Keenan Conder Nasdaq. Weingarten dumped 38,759 shares for roughly $767,000, while Parekh sold 21,664 shares at a weighted average of $19.44. The cybersecurity company's stock closed at $19.46, valuing the firm at around $6.8 billion Yahoo Finance.
Most sales were tied to tax obligations from vested equity awards. Parekh's transaction, however, was automatic under a pre-planned trading agreement adopted in June Investing. All four insiders kept massive stakes in the company after selling.
Why Insiders Sold Stock This Week
Three of the four sales were required to cover taxes on stock awards that vested. Nasdaq reported that Weingarten, Tomasello, and Conder all structured their sales this way. Parekh's sale was different — it was automatic under a Rule 10b5-1 trading plan she set up back in June Investing. This type of plan lets executives pre-arrange stock sales on a fixed schedule, removing the appearance of market timing.
CFO Parekh Still Holds Nearly $18.3 Million in Stock
Parekh kept 942,617 shares after the sale, worth about $18.3 million at the closing price Yahoo Finance. Her 21,664 shares sold on September 8 went out in multiple batches ranging from $19.11 to $19.79. The reported $19.44 average reflects the blended price across all those transactions Investing.
Earlier August Sales Pushed Insider Selling Higher
September's sales were not the first time insiders cashed out. Nasdaq showed that CEO Weingarten sold 53,811 shares on August 6 at $20.08 per share. Keenan Conder also sold 26,374 shares that same day at the same price. Combined with the September transactions, insider selling has been steady over the past month.
SentinelOne reported trailing 12-month revenue of $1.1 billion Yahoo Finance. The stock had returned 5% over the past year as of the filing date. Despite the insider sales, the company remains a major player in the cybersecurity market.
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