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Get filing alertsSentinelOne promotes Barry Padgett to President and COO with $10M equity package
Filed March 25, 2026 · Period ending March 19, 2026 · ~1 min read
Key Changes
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high
Barry Padgett, current Chief Growth Officer, promoted to President and COO effective March 24, 2026, creating new C-suite position to oversee operations.
Item 5.02 verify on EDGAR → -
high
Padgett receives $10M equity grant split equally between time-based RSUs and performance-based PSUs vesting through 2030, signaling long-term retention focus.
Item 5.02 verify on EDGAR → -
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New compensation includes $600K base salary plus 100% target bonus ($600K), totaling $1.2M annual cash compensation before equity.
Item 5.02 verify on EDGAR →
Summary
SentinelOne has elevated Barry Padgett from Chief Growth Officer to a newly created President and Chief Operating Officer role, effective March 24, 2026. Padgett, who joined as CGO in March 2025 and briefly served as interim CFO earlier this year, will now oversee broader operational responsibilities.
The company is backing this promotion with a substantial $10 million equity package split between time-based and performance-based awards vesting through 2030. For retail investors, this signals SentinelOne is adding operational leadership depth as it scales. The creation of a President/COO position suggests the company may be preparing for increased complexity in its business operations.
The large equity grant with performance conditions tied to fiscal years 2027-2030 aligns Padgett's interests with long-term shareholder value creation. Watch for details on the performance metrics governing the PSU portion when the company files its proxy statement. These targets will reveal management's growth and profitability expectations for the next four years.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On March 19, 2026, the Board of Directors (the “Board”) of SentinelOne, Inc. (the “Company”) appointed Barry Padgett, the Company’s current Chief Growth Officer, as the Company’s President and Chief Operating Officer, effective March 24, 2026 (the “Effective Date”). Effective as of the Effective Date, Mr. Padgett will no longer serve as the Company’s Chief Growth Officer.
Barry Padgett, who has been serving as Chief Growth Officer since March 2025 and interim CFO from January to March 2026, was promoted to President and Chief Operating Officer effective March 24, 2026. He will no longer hold the Chief Growth Officer role. This represents a significant leadership change as the company adds a President/COO position.
Added in current filing · verify on EDGAR →
In addition, effective April 15, 2026 (the “Grant Date”), Mr. Padgett will receive a restricted stock unit (“RSU”) award and performance stock unit (“PSU”) award with an aggregate target value of $10.0 million (the “Aggregate Equity Value”), where the RSU portion of the award is 50% of the Aggregate Equity Value and the PSU portion of the award is the remaining 50%.
Padgett will receive a $10 million equity grant split equally between RSUs and PSUs. The RSUs vest over time starting August 5, 2026 in 1/16th increments quarterly. The PSUs vest based on performance metrics for fiscal years 2027-2030 to be approved by the Compensation Committee. This is a substantial equity package reflecting the importance of the new role.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify