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SEI Investments Board Member Granted 2,076 Shares – Insider Form 4

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SEI Investments Co. (SEIC) Form 4: Director Thomas C. Naratil reported the acquisition of 2,076 shares of SEIC common stock on 22 Jul 2025. The shares were granted as employment compensation and are structured as Restricted Stock Units (RSUs) that will vest over time. After this initial grant, Naratil now beneficially owns 2,076 shares, all held directly. No derivatives were involved and no cash price was disclosed.

The transaction is immaterial to SEIC’s share count but provides early equity alignment for a recently appointed board member. While not an open-market purchase, insider ownership—even via RSUs—can signal longer-term commitment and align director incentives with shareholder interests. There are no indications of significant strategic or financial impact to the company from this filing.

Positive

  • Director Thomas C. Naratil received 2,076 RSUs, modestly increasing insider equity alignment.

Negative

  • None.

Insights

TL;DR: Small RSU grant; neutral impact on valuation.

The 2,076-share RSU award is routine onboarding compensation for a director and represents less than 0.002% of SEIC’s ~134 million shares outstanding. Because it is a grant, not a purchase, there is no immediate cash signal or market price reference. The filing modestly improves insider alignment but is far too small to influence ownership structure, earnings per share, or market sentiment. I view the disclosure as informational with no material valuation impact.

TL;DR: Routine equity alignment, governance-positive but immaterial.

The RSU grant shows SEIC continues to compensate directors with equity, fostering alignment with shareholders. Vesting conditions promote long-term oversight. However, the grant size is minimal, and absence of open-market buying limits any positive signaling effect. Impact on governance quality is modest; impact on share price is negligible.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Naratil Thomas C.

(Last) (First) (Middle)
1 FREEDOM VALLEY DRIVE

(Street)
OAKS PA 19456

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SEI INVESTMENTS CO [ SEIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/22/2025 A 2,076 A (1) 2,076(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Received as employment compensation
2. Consists of Restricted Stock Units subject to vesting.
Remarks:
/s/ Thomas C. Naratil, by Diane Gallagher, attorney in fact 07/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many SEIC shares did Thomas C. Naratil acquire?

He was granted 2,076 shares of common stock via RSUs.

Was this an open-market purchase?

No. The shares were granted as employment compensation, not bought on the market.

What is the ownership form after the transaction?

All 2,076 shares are held directly by Naratil.

Does the filing include derivative securities?

No derivative securities were reported in this Form 4.

Why is the price field blank in the filing?

Because RSUs are a compensation grant; no cash price is paid at issuance.
Sei Invts Co

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10.16B
102.05M
16.62%
74.44%
1.61%
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