SEI Investments officer sells 15,000 shares
SEI Investments officer Philip McCabe reported selling 15,000 shares of common stock in an open-market transaction.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SEI Investments officer Philip McCabe reported selling 15,000 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $91.82 per share, with individual sale prices ranging from $91.50 to $92.15.
After the sale, McCabe directly holds 54,884.45 shares of SEI Investments common stock. He also indirectly holds 2,738.9939 shares through the company's Employee Stock Purchase Plan, reflecting the acquisition of 297.3305 shares since his most recent prior Form 4 filing.
Insights
Officer executes notable open-market sale but keeps substantial share stake.
Officer Philip McCabe sold 15,000 shares of SEI Investments common stock in an open-market transaction at a weighted average price of $91.82 per share, with sales occurring between $91.50 and $92.15.
Following the sale, McCabe still directly owns 54,884.45 shares and indirectly holds 2,738.9939 shares via the Employee Stock Purchase Plan. The transaction represents a partial reduction rather than an exit, with no derivative exercises or tax-withholding events disclosed in this filing.
The filing notes an ESPP acquisition of 297.3305 shares since the prior Form 4, showing continued participation in employee share programs. Future company filings may offer additional context on any further trading activity or changes to his overall equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $91.82 | $1.38M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the weighted average of a range of sale prices from $91.50 to $92.15. 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. Reflects the acquisition through the Employee Stock Purchase Plan of 297.3305 shares of common stock since the Reporting Person's most recent Form 4 filing.
Key Figures
Key Terms
open-market sale financial
Employee Stock Purchase Plan financial
weighted average financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SEI Investments (SEIC) report for Philip McCabe?
Was the SEI Investments (SEIC) insider sale part of an open-market transaction?
Does the SEI Investments (SEIC) Form 4 show any option exercises or derivative trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.