SEI Investments EVP sells 30,000 shares after option exercise
SEI Investments Executive Vice President and Head of SEI’s Investment Managers business, Philip McCabe, exercised employee stock options to acquire 30,000 shares of common stock at an exercise price of $49.63 per share on August 4–5, 2026.
Rhea-AI Filing Summary
SEI Investments Executive Vice President and Head of SEI’s Investment Managers business, Philip McCabe, exercised employee stock options to acquire 30,000 shares of common stock at an exercise price of $49.63 per share on August 4–5, 2026.
He then sold 30,000 shares of common stock, including 24,957 shares at a weighted average of $105.038 per share (range $104.80–$105.19) and 5,043 shares at $105.50 per share. He also reports 2,738.9939 shares held indirectly through an Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 30,000 shares ($1.66M approx. pre-tax spread)
Exercise and Sale
9 txns
Insider
McCabe Philip
Role
See Remarks
Sold
30,000 shs ($3.15M)
Approx. gross sale proceeds
$3.15M
Approx. exercise cost
$1.49M
Approx. pre-tax spread
$1.66M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock F2 | 5,043 | -- | -- |
| Exercise | Common Stock | 5,043 | $49.63 | $250K |
| Sale | Common Stock | 5,043 | $105.50 | $532K |
| Exercise | Option to Purchase Common Stock F2 | 9,957 | -- | -- |
| Exercise | Option to Purchase Common Stock F2 | 15,000 | -- | -- |
| Exercise | Common Stock | 9,957 | $49.63 | $494K |
| Exercise | Common Stock | 15,000 | $49.63 | $744K |
| Sale | Common Stock F1 | 24,957 | $105.038 | $2.62M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 0 contracts (Direct);
Common Stock — 54,884.45 shares (Direct);
Common Stock — 2,738.9939 shares (Indirect, By Employee Stock Purchase Plan)
Footnotes (2)
- F1. Represents the weighted average of a range of sale prices from $104.80 to $105.19. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company, or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
- F2. Received as employment compensation.
Key Figures
Shares sold: 30,000 shares
Sale price 4 Aug 2026 (weighted avg): $105.038 per share
Sale price 5 Aug 2026: $105.5000 per share
+3 more
6 metrics
Shares sold
30,000 shares
Aggregate common stock sales reported on August 4–5, 2026
Sale price 4 Aug 2026 (weighted avg)
$105.038 per share
Weighted average sale price for 24,957 shares on August 4, 2026, within $104.80–$105.19
Sale price 5 Aug 2026
$105.5000 per share
Per-share price for sale of 5,043 common shares on August 5, 2026
Options exercised
30,000 shares
Total common shares acquired through option exercises at $49.63 per share on August 4–5, 2026
Option exercise price
$49.6300 per share
Exercise price of options to purchase SEI Investments common stock received as employment compensation
ESPP holdings
2,738.9939 shares
Indirect common stock held 'By Employee Stock Purchase Plan' after the reported transactions
Key Terms
Weighted average, Employee Stock Purchase Plan, Option to Purchase Common Stock, Rule 10b5-1
4 terms
Weighted average financial
"Represents the weighted average of a range of sale prices from $104.80 to $105.19"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Employee Stock Purchase Plan financial
"Indirect ownership reported as '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.
Option to Purchase Common Stock financial
"Derivative securities described as 'Option to Purchase Common Stock' with a $49.63 exercise price"
Rule 10b5-1 regulatory
"The Rule 10b5-1 plan checkbox is explicitly unchecked for these trades"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did SEI Investments (SEIC) executive Philip McCabe report?
Philip McCabe exercised options to acquire 30,000 shares of SEI Investments common stock at $49.63 per share on August 4–5, 2026, and on those same dates sold 30,000 shares of common stock at prices around $105 per share, reflecting an exercise-and-sell sequence.
What stock options did Philip McCabe exercise in SEI Investments (SEIC)?
He exercised options to purchase 30,000 shares of SEI Investments common stock at an exercise price of $49.63 per share. These options, received as employment compensation, had been exercisable since 2017 and 2019 and were scheduled to expire on December 13, 2026.
Does this SEI Investments (SEIC) insider report indicate trades under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox for these transactions is explicitly unchecked, meaning the report does not characterize them as being made pursuant to a Rule 10b5-1 trading plan. Footnotes address only pricing details and the compensation nature of the options exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
