SEI Investments EVP sells 25,000 exercised shares
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
SEI Investments Co Executive Vice President Michael Peterson exercised an option to acquire 25,000 shares of common stock at $55.73 per share, received as employment compensation, and on the same day sold 25,000 shares at a weighted average price of $102.05, within a $102.00 to $102.14 range. The option for 25,000 shares was fully exercised, and he continues to hold 362.2978 shares indirectly through the Employee Stock Purchase Plan.
Insider Trade Summary
Exercise and Sale: 25,000 shares ($1.16M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Peterson Michael
Role
Executive Vice President
Sold
25,000 shs ($2.55M)
Approx. gross sale proceeds
$2.55M
Approx. exercise cost
$1.39M
Approx. pre-tax spread
$1.16M
Share of Position Sold
55.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock F2 | 25,000 | -- | -- |
| Exercise | Common Stock | 25,000 | $55.73 | $1.39M |
| Sale | Common Stock F1 | 25,000 | $102.05 | $2.55M |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 0 contracts (Direct);
Common Stock — 20,148 shares (Direct);
Common Stock — 362.2978 shares (Indirect, By Employee Stock Purchase Plan)
Holdings Before and After:
Option to Purchase Common Stock, 25,000 to 0 contracts (Direct);
Common Stock, 20,148 to 20,148 shares (Direct)
Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. Represents the weighted average of a range of sale prices from $102.00 to $102.14. 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 underlying option exercised: 25,000 shares
Option exercise price: $55.73 per share
Shares sold: 25,000 shares
+3 more
6 metrics
Shares underlying option exercised
25,000 shares
Option to purchase common stock exercised on 2026-07-28
Option exercise price
$55.73 per share
Conversion or exercise price of option to purchase common stock
Shares sold
25,000 shares
Common stock sold on 2026-07-28 following option exercise
Weighted average sale price
$102.05 per share
Weighted average sale price with range from $102.00 to $102.14
Employee Stock Purchase Plan holdings
362.2978 shares
Indirect common stock holdings by Employee Stock Purchase Plan after transactions
Option expiration date
2030-06-18
Expiration date of option that was exercised for 25,000 shares
Key Terms
Exercise or conversion of derivative security, Employee Stock Purchase Plan, weighted average
3 terms
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security"
Employee Stock Purchase Plan financial
"Indirect ownership of 362.2978 shares is noted 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.
weighted average financial
"Represents the weighted average of a range of sale prices from $102.00 to $102.14"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SEI Investments (SEIC) executive Michael Peterson do in this insider transaction?
Michael Peterson exercised an option to acquire 25,000 shares of SEI Investments common stock at $55.73 per share and then sold 25,000 shares the same day at a weighted average price of $102.05 in open-market style transactions.
Were Michael Peterson’s SEI Investments (SEIC) trades made under a Rule 10b5-1 plan?
The transactions were not reported as being made under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox was left unchecked, and no footnote indicates that a pre-arranged trading plan governed these specific trades.
What SEI Investments (SEIC) holdings does Michael Peterson report after these transactions?
After exercising and selling shares, Peterson reports an indirect holding of 362.2978 shares of SEI Investments common stock through an Employee Stock Purchase Plan. The filing does not specify his remaining direct common-stock holdings beyond this indirect plan position.
What was the nature and term of the option Michael Peterson exercised in SEIC stock?
The option was an Option to Purchase Common Stock for 25,000 shares, received as employment compensation, with an exercise price of $55.73 per share and an expiration date of 2030-06-18. Following this transaction, the reported derivative position from that option is zero.
AI-generated analysis. How Rhea-AI works. Not financial advice.
