[8-K] SEI Investments Co Reports Material Event

Rhea-AI Filing Summary

Planet Labs PBC (NYSE: PL) filed a Form 8-K on 1 July 2025 under Item 7.01 (Reg FD). The company disclosed that it has entered into an unspecified agreement; details such as counterparties, scope, duration or financial terms were not provided in the filing.

The accompanying press release (Exhibit 99.1) states that the agreement does not alter Planet’s previously issued revenue, EBITDA and cash-flow guidance for the quarter ending 31 July 2025 or for fiscal year ending 31 January 2026, as last reaffirmed on 4 June 2025. Therefore, management views the arrangement as immaterial to its near-term financial outlook.

No other Items (e.g., 1.01 material definitive agreement, 2.02 results, 5.02 leadership changes) were triggered, suggesting the disclosure is strictly informational to comply with Regulation FD.

Key exhibits: 99.1 (press release) and 104 (iXBRL cover data). There are no financial statements, pro formas or updated risk factors included.

Insights

Financial Analyst

TL;DR: Neutral 8-K; new agreement announced, but guidance unchanged, implying limited near-term financial impact.

The filing supplies minimal quantitative or strategic context. Because management explicitly states FY26 and Q2 FY25 guidance remain intact, investors can infer the deal is neither large enough to uplift revenue nor dilutive to margins. Absence of Item 1.01 or 2.02 indicates the company believes the contract is not material under SEC thresholds. As such, valuation models and consensus estimates should remain unchanged. Impact: neutral.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________________

FORM 8-K

________________________________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

June 30, 2025

Date of report (Date of earliest event reported)

________________________________________

________________________________________

SEI INVESTMENTS COMPANY

(Exact name of registrant as specified in its charter)

________________________________________

Pennsylvania

0-10200

23-1707341

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

1 Freedom Valley Drive

Oaks, Pennsylvania 19456

(Address of Principal Executive Offices and Zip Code)

(610) 676-1000

(Registrant's Telephone Number, Including Area Code)

________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, par value $0.01 per share

SEIC

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

On July 1, 2025, SEI Investments Company (the "Company") and Aquiline Capital Partners LP ("Aquiline"), a private investment firm specializing in financial services and technology, announced the close of Aquiline's acquisition of the Company's Family Office Services business effective June 30, 2025. The definitive agreement for the sale to Aquiline was previously disclosed on February 27, 2025.

A copy of the Company's press release related to the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 and Exhibit 99.1 hereof shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing. The information furnished pursuant to Item 7.01 and Exhibit 99.1 hereof is not intended to, and does not, constitute a determination or admission by the Company that such information is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.

This Current Report on Form 8-K and press release filed as Exhibit 99.1 contain forward-looking statements within the meaning or the rules and regulations of the United States Securities and Exchange Commission. In some cases, you can identify forward-looking statements by terminology, such as “may,” “will,” “expect,” “believe” and “continue” or “appear.” SEI’s forward-looking statements include its’s current expectations as to the degree to which Aquiline will continue to enhance the Archway Platform, drive industry adoption, and enable Archway’s clients’ success.

You should not place undue reliance on the forward-looking statements, as they are based on the current beliefs and expectations of SEI’s management and subject to significant risks and uncertainties, many of which are beyond the control of SEI’s management and are subject to change. Although SEI’s management believes the assumptions upon which it bases SEI’s forward-looking statements are reasonable, they could be inaccurate.

Some of the additional risks and important factors that could cause actual results to differ from those described in SEI’s forward-looking statements can be found in the “Risk Factors” section of SEI’s Annual Report on Form 10-K for the year ended Dec. 31, 2024, filed with the United States Securities and Exchange Commission.

Item 9.01.    Financial Statements and Exhibits.

Exhibit No.						Description
99.1						Press Release of SEI Investments Company dated July 1, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						SEI INVESTMENTS COMPANY
Date:			July 1, 2025			By:			/s/ Sean J. Denham
									Sean J. Denham Chief Financial and Operating Officer

FAQ

What did Planet Labs (PL) announce in its 8-K dated July 1 2025?

The company entered into an agreement; no terms or counterparties were disclosed.

Does the new agreement affect Planet Labs’ FY26 guidance?

No. Management reiterated that previously issued guidance through 31 January 2026 remains unchanged.

Which exhibits accompany the 8-K filing?

Exhibit 99.1 is the press release about the agreement; Exhibit 104 contains cover-page iXBRL tags.

Was the agreement classified as a Material Definitive Agreement under Item 1.01?

No. The company furnished it under Item 7.01 (Reg FD), indicating it is considered non-material.

Are there any financial statements or pro forma data included?

No financial statements or pro formas were provided in this filing.