SentinelOne CEO Weingarten's Stake Drops to 3.9%

Ticker: S · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: insider-ownership, amendment, beneficial-ownership

TL;DR

**SentinelOne CEO Tomer Weingarten's ownership stake is down to 3.9% as of Dec 31, 2023.**

AI Summary

Tomer Weingarten, CEO of SentinelOne, Inc., filed an amended SC 13G/A on February 9, 2024, disclosing his beneficial ownership of 10,790,696 shares of Class A Common Stock as of December 31, 2023. This represents 3.9% of the company's outstanding shares, a decrease from his previous holdings. This matters to investors because it shows a slight reduction in the CEO's ownership stake, which could be interpreted in various ways regarding his confidence or personal financial planning.

Why It Matters

A change in a CEO's ownership stake can signal their confidence in the company's future or reflect personal financial decisions, influencing investor sentiment.

Risk Assessment

Risk Level: low — This filing indicates a minor change in a principal's ownership, which is generally not a high-risk event for the company's operations.

Analyst Insight

Investors should note the slight reduction in CEO Tomer Weingarten's stake to 3.9% as of December 31, 2023, and consider it as one data point among many when evaluating the company, rather than a definitive bullish or bearish signal.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person is Tomer Weingarten, who is also identified as the CEO of SentinelOne, Inc. in the context of the filing's address information.

What is the total number of shares of Class A Common Stock beneficially owned by Tomer Weingarten as of December 31, 2023?

As of December 31, 2023, Tomer Weingarten beneficially owned 10,790,696 shares of SentinelOne, Inc.'s Class A Common Stock.

What percentage of SentinelOne, Inc.'s Class A Common Stock does Tomer Weingarten beneficially own according to this filing?

Tomer Weingarten beneficially owns 3.9% of SentinelOne, Inc.'s Class A Common Stock as reported in this SC 13G/A filing.

What is the CUSIP number for SentinelOne, Inc.'s Class A Common Stock?

The CUSIP number for SentinelOne, Inc.'s Class A Common Stock is 81730H109, as stated on the cover page of the filing.

When was the date of the event which required this filing?

The date of the event which required this filing was December 31, 2023, as specified on the cover page of the SC 13G/A.

Filing Stats: 3,467 words · 14 min read · ~12 pages · Grade level 9.5 · Accepted 2024-02-09 16:05:39

Key Financial Figures

Filing Documents

(a)

Item 1(a) Name of Issuer. SentinelOne, Inc. (the “ Issuer ”)

(b)

Item 1(b) Address of Issuer’s Principal Executive Offices. 444 Castro Street, Suite 400 Mountain View, CA 94041

(a)

Item 2(a) Name of Persons Filing. Tomer Weingarten (“ Mr. Weingarten ”) Weingarten Foundation (the “ Foundation ”) Weingarten 2021 Irrevocable Trust dated April 29, 2021 (the “ Irrevocable Trust ”) North Point Trust Company, LLC, trustee of the Irrevocable Trust (the “ Trustee ” and, together with Mr. Weingarten, the Foundation, and the Irrevocable Trust, the “ Reporting Persons ”)

(b)

Item 2(b) Address of Principal Business Office or, if none, Residence. The address of the principal business office of Mr. Weingarten is: 444 Castro Street, Suite 400 Mountain View, CA 94041 The address of the principal business office of the Foundation is: 650 B Fremont Avenue #381 Los Altos, CA 94024 The address of the principal business office of each of the Trustee and the Irrevocable Trust is: 333 West Boulevard, Suite 305 Rapid City, SD 57701

(c)

Item 2(c) Citizenship. Mr. Weingarten is a U.S. citizen. The Foundation is incorporated in the state of California. The situs of the Irrevocable Trust is the state of South Dakota. The Trustee is a South Dakota limited liability company.

(d)

Item 2(d) Title of Class of Securities. Class A Common Stock, par value $0.0001 CUSIP No. 81730H109 Page 7 of 11

(e)

Item 2(e) CUSIP Number. 81730H109 Item 3 If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ________________________________.

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount Beneficially Owned: Reference to “beneficial ownership” of securities for purposes of this statement shall be understood to refer to beneficial ownership as that term is defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”). As of December 31, 2023, the Reporting Persons may be deemed to directly or indirectly beneficially own an aggregate total of 13,859,139 shares of the Issuer’s Class A Common Stock. CUSIP No. 81730H109 Page 8 of 11 As of December 31, 2023, Mr. Weingarten was deemed to be the direct beneficial owner of 13,359,885 of the securities described in the preceding paragraph. The aforementioned direct beneficial ownership consists of: (i) 4,392,653 shares of the Issuer’s Class B Common Stock, which are convertible into shares of the Issuer’s Class A Common Stock on a one-for-one basis at any time upon the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain other events more specifically described in the Issuer’s Ninth Amended and Restated Certificate of Incorporation; (ii) 64,744 shares of the Issuer’s Class A Common Stock; (iii) an aggregate 3,871,453 vested stock options which are exercisable for an equal number of shares of the Issuer’s Class B Common Stock and convertible on a one-for-one basis into Class A Common Stock; (iv) an aggregate 236,406 stock options which shall vest and become exercisable within 60 days of December 31, 2023, which, once vested, are exercisable for an equal number of shares of the Issuer’s Class B Common Stock and convertible on a one-for-one basis into Class A Common Stock; (v) 19,956 restricted stock units which shall vest and be settled for an equal number of share

Ownership of 5 Percent or Less of a Class

Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .

Ownership of

Item 6. Ownership of More than 5 Percent on Behalf of Another Person. The owner of record of the Proxy Shares retains the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Proxy Shares. None of the Reporting Persons has any right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Proxy Shares.

Identification

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

is not applicable

Item 7 is not applicable.

Identification

Item 8. Identification and Classification of Members of the Group.

is not applicable

Item 8 is not applicable.

Notice of Dissolution

Item 9. Notice of Dissolution of a Group.

is not applicable

Item 9 is not applicable.

Certification

Item 10. Certification

is not applicable

Item 10 is not applicable. CUSIP No. 81730H109 Page 11 of 11 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 9, 2024 /s/ Tomer Weingarten Tomer Weingarten Dated: February 9, 2024 Weingarten FOUNDATION By: /s/ Shai Weingarten Name: Shai Weingarten Title: President Dated: February 9, 2024 Weingarten 2021 Irrevocable Trust dated April 29, 2021 By: NORTH POINT TRUST COMPANY, LLC, as Trustee By: /s/ Todd Wiles Name: Todd Wiles Title: President Dated: February 9, 2024 NORTH POINT TRUST COMPANY, LLC, as Trustee of the Weingarten 2021 Irrevocable Trust dated April 29, 2021 By: /s/ Todd Wiles Name: Todd Wiles Title: President

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