SEI EVP exercises options, sells 10,000 shares
SEI Investments executive vice president Michael Peterson reported an option exercise paired with a same‑day stock sale.
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Form Type
4
Rhea-AI Filing Summary
SEI Investments executive vice president Michael Peterson reported an option exercise paired with a same‑day stock sale. He exercised options to acquire 10,000 shares of common stock at $48.47 per share, then sold 10,000 shares in an open‑market transaction at $90.00 per share.
Following these transactions, Peterson holds 20,148 SEI Investments common shares directly and 362.2978 shares indirectly through an Employee Stock Purchase Plan. The indirect balance reflects the acquisition of 91.5124 shares through the plan since his most recent Form 4 filing.
Insider Trade Summary
Exercise and Sale: 10,000 shares ($415K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Peterson Michael
Role
EXECUTIVE VICE PRESIDENT
Sold
10,000 shs ($900K)
Approx. gross sale proceeds
$900K
Approx. exercise cost
$485K
Approx. pre-tax spread
$415K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $48.47 | $485K |
| Sale | Common Stock | 10,000 | $90.00 | $900K |
| 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)
Footnotes (2)
- F1. Reflects the acquisition through the Employee Stock Purchase Plan of 91.5124 shares of common stock since the Reporting Person's most recent Form 4 filing.
- F2. Received as employment compensation
Key Figures
Shares sold: 10,000 shares
Sale price: $90.00 per share
Options exercised: 10,000 shares
+4 more
7 metrics
Shares sold
10,000 shares
Open-market sale of common stock at $90.00 per share on 2026-04-23
Sale price
$90.00 per share
Price for 10,000 SEI Investments common shares sold
Options exercised
10,000 shares
Option to purchase common stock exercised on 2026-04-23
Exercise price
$48.47 per share
Exercise price of option to purchase 10,000 SEI shares
Direct holdings after transactions
20,148 shares
Common stock directly owned following reported transactions
Indirect ESPP holdings
362.2978 shares
Common stock held via Employee Stock Purchase Plan after update
New ESPP shares
91.5124 shares
Additional ESPP shares acquired since most recent prior Form 4
Key Terms
Employee Stock Purchase Plan, open-market sale, derivative security, Option to Purchase Common Stock
4 terms
Employee Stock Purchase Plan financial
"Reflects the acquisition through the Employee Stock Purchase Plan of 91.5124 shares"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Option to Purchase Common Stock financial
"security_title": "Option to Purchase Common Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did SEI (SEIC) executive Michael Peterson report on this Form 4?
Michael Peterson reported exercising options for 10,000 SEI shares and selling 10,000 shares in an open‑market transaction. The filing also updates his indirect holdings from the Employee Stock Purchase Plan, reflecting additional shares accumulated since his prior Form 4.
What option exercise did Michael Peterson disclose for SEI Investments (SEIC)?
Peterson disclosed exercising an option to purchase 10,000 shares of SEI Investments common stock at $48.47 per share. This option exercise converted a derivative position into common stock and was reported with a non‑derivative entry and a corresponding derivative entry reduced to zero.
What is the role of the Employee Stock Purchase Plan in Michael Peterson’s SEI (SEIC) holdings?
The Employee Stock Purchase Plan accounts for Peterson’s indirect ownership of 362.2978 SEI shares. A footnote explains this balance reflects the acquisition of 91.5124 additional shares through the plan since his most recent prior Form 4 filing.
Did Michael Peterson retain any options after this SEI Investments (SEIC) Form 4 filing?
The filing shows an option to purchase 10,000 SEI shares with a $48.47 exercise price now has a post‑transaction balance of zero. This indicates that specific option grant was fully exercised and no remaining shares from that grant are listed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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