SEI Investments (SEIC) EVP details tax-related share withholding
Rhea-AI Filing Summary
SEI Investments executive Sneha S. Shah, EVP & Chief AI Strategist & Head of SEI Next, reported an insider transaction involving 3,746 shares of Common Stock on July 24, 2026. Code F indicates these shares were withheld to satisfy exercise price or tax liability at $96.73 per share. After this disposition, Shah directly holds 14,092 SEI shares and indirectly holds 220.5625 shares through an Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,746 shares
Net Sell
2 txns
Insider
Shah Sneha S.
Role
See Remarks*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,746 | $96.73 | $362K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,092 shares (Direct);
Common Stock — 220.5625 shares (Indirect, By Employee Stock Purchase Plan)
Key Figures
Shares withheld: 3,746 shares of Common Stock
Price per share: $96.73
Direct holdings after transaction: 14,092 shares of Common Stock
+1 more
4 metrics
Shares withheld
3,746 shares of Common Stock
Code F transaction on 2026-07-24 to satisfy exercise price or tax liability
Price per share
$96.73
Per-share value used for the 3,746-share withholding
Direct holdings after transaction
14,092 shares of Common Stock
Direct ownership reported following the 2026-07-24 disposition
Indirect ESPP holdings
220.5625 shares of Common Stock
Indirectly held through an Employee Stock Purchase Plan after the transaction
Key Terms
Employee Stock Purchase Plan, exercise price, tax liability
3 terms
Employee Stock Purchase Plan financial
"nature_of_ownership: "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.
exercise price financial
"transaction_code_description: "Payment of exercise price or tax liability...""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
tax liability financial
"transaction_code_description: "Payment of exercise price or tax liability...""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SEI Investments (SEIC) report for Sneha S. Shah?
SEI Investments reported that executive Sneha S. Shah disposed of 3,746 shares of Common Stock on July 24, 2026. The transaction used code F, described as payment of exercise price or tax liability by delivering or withholding securities.
What does transaction code F mean in this SEIC Form 4 filing?
In this SEIC Form 4, code F is defined as payment of exercise price or tax liability by delivering or withholding securities. It indicates the shares were used to satisfy those obligations rather than being characterized as a standard purchase or sale.
Was Sneha S. Shah’s SEIC insider transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as true, and aff_10b5_one is reported as false. This means the document does not identify the July 24, 2026 transaction as being executed pursuant to a Rule 10b5-1 trading plan.