SentinelOne is trading 4.3% down at $24.56 after announcing a proposed $1.25 billion offering of convertible senior notes due 2031. - The notes carry 0% interest; initial purchasers may buy up to an additional $187.5 million. Coverage linked the decline to the announcement, citing dilution concerns investors may be weighing. - The company says proceeds would fund capped-call transactions, a possible $150 million share repurchase and general corporate purposes. The broad market was nearly flat.