SEI Investments EVP reports initial equity holdings
SEI Investments Co executive Sneha S. Shah, EVP & Head–New Business Ventures, reports initial beneficial ownership.
Rhea-AI Filing Summary
SEI Investments Co executive Sneha S. Shah, EVP & Head–New Business Ventures, reports initial beneficial ownership. Shah holds 17,838.0000 shares of SEI common stock directly, largely from prior awards received as employment compensation, and 220.5625 shares indirectly through an Employee Stock Purchase Plan. Shah also holds multiple option awards covering an aggregate 82,000 shares of common stock at exercise prices between $62.0000 and $86.5800 per share, many of which vest only if specified adjusted earnings-per-share performance targets are achieved after multi‑year periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Shah Sneha S.
Role
EVP &Head-New Bus Ventures SEI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Common Stock F2 | -- | -- | -- |
| holding | Option to Purchase Common Stock F2, F3 | -- | -- | -- |
| holding | Option to Purchase Common Stock F2 | -- | -- | -- |
| holding | Option to Purchase Common Stock F2, F4 | -- | -- | -- |
| holding | Option to Purchase Common Stock F2, F5 | -- | -- | -- |
| holding | Option to Purchase Common Stock F2, F6 | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 82,000 contracts (Direct);
Common Stock — 17,838 shares (Direct);
Common Stock — 220.5625 shares (Indirect, By Employee Stock Purchase Plan)
Footnotes (6)
- F1. Securities reported herein were acquired pursuant to awards granted prior to the reporting person becoming a Section 16 filer and thus were not previously reported.
- F2. Received as employment compensation.
- F3. Vest on December 31 of the year in which the Issuer attains an adjusted pre-tax earnings per share of $6.25 or more, but not earlier than the fourth anniversary of the date of grant, in each case based upon audited financial statements of the Issuer for the applicable year and subject to certain adjustments.
- F4. Vest on December 31 of the year in which the Issuer attains an adjusted pre-tax earnings per share of $7.10 or more, but not earlier than the fourth anniversary of the date of grant, in each case based upon audited financial statements of the Issuer for the applicable year and subject to certain adjustments.
- F5. Vest on the later of (a) December 12, 2026, and (b) the date on which the Issuer achieves adjusted full-year earnings per share that are equal to or greater than an amount that is 25% more than the Issuer's adjusted earnings per share for the year ended December 31, 2024, based upon the financial statements of the Issuer for the applicable year and subject to certain adjustments.
- F6. Vest on the later of (a) December 12, 2027, and (b) the date on which the Issuer achieves adjusted full-year earnings per share that are equal to or greater than an amount that is 25% more than the Issuer's adjusted earnings per share for the year ended December 31, 2025, based upon the financial statements of the Issuer for the applicable year and subject to certain adjustments.
Key Figures
Direct common stock: 17838.0000 shares
Indirect ESPP shares: 220.5625 shares
Option strike price: $64.0800
+3 more
6 metrics
Direct common stock
17838.0000 shares
Directly held SEI Investments common shares reported by Sneha S. Shah
Indirect ESPP shares
220.5625 shares
Common shares held indirectly via Employee Stock Purchase Plan
Option strike price
$64.0800
Options expiring 2033-07-24 on 7500.0000 underlying common shares
Option strike price
$62.0000
Options expiring 2033-12-15 on 10000.0000 underlying common shares
Performance option grant
22500.0000 shares
Underlying shares for options at $86.5800 expiring 2034-12-12
Long-dated option grant
24500.0000 shares
Underlying shares for options at $83.0000 expiring 2035-12-12
Key Terms
Section 16 filer, adjusted pre-tax earnings per share, Employee Stock Purchase Plan, adjusted full-year earnings per share
4 terms
Section 16 filer regulatory
"prior to the reporting person becoming a Section 16 filer and thus"
Employee Stock Purchase Plan financial
"By Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What common stock holdings did Sneha S. Shah report in SEIC Form 3?
Sneha S. Shah reported holding 17,838.0000 SEI Investments common shares directly and 220.5625 shares indirectly through an Employee Stock Purchase Plan, reflecting equity previously granted as employment compensation before becoming a Section 16 filer.
What performance conditions apply to Sneha S. Shah’s SEIC stock options?
Several option tranches vest only if SEI achieves specified adjusted earnings per share targets, including pre-tax EPS of $6.25 or $7.10, or full-year adjusted EPS at least 25% above 2024 or 2025 levels, in addition to time-based vesting dates.
Were Sneha S. Shah’s SEIC equity awards received as employment compensation?
Yes. Footnote F2 explains the securities reported, including the options, were received as employment compensation. Footnote F1 adds that certain awards were granted before Shah became a Section 16 filer and therefore were not previously reported.
When do key SEIC option grants to Sneha S. Shah expire and vest?
Reported options expire between 2033-07-24 and 2035-12-12. Vesting generally occurs on specified future dates such as December 31 of certain years or the later of fixed dates and years in which SEI meets defined adjusted EPS thresholds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
