Insider at SEI Investments (NASDAQ: SEIC) sells 4,000 shares after awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEI Investments insider Mark Andrew Warner reported multiple transactions in company stock. He exercised stock options covering 2,000 shares on two occasions and separately acquired 2,000 and 2,000 shares of common stock at $71.12 per share as employment compensation. He also sold 4,000 shares of common stock in open-market transactions at a weighted average price of $81.74 per share, based on individual sales between $81.67 and $81.80. After these trades, he directly owns 921 shares of SEI Investments common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($326,960)
Net Sell
5 txns
Insider
Warner Mark Andrew
Role
Insider
Sold
4,000 shs ($327K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | STOCK OPTION RIGHT TO PURCHASE | 2,000 | $0.00 | -- |
| Exercise | STOCK OPTION RIGHT TO PURCHASE | 2,000 | $0.00 | -- |
| Grant/Award | Common Stock | 2,000 | $71.12 | $142K |
| Grant/Award | Common Stock | 2,000 | $71.12 | $142K |
| Sale | Common Stock | 4,000 | $81.74 | $327K |
Holdings After Transaction:
STOCK OPTION RIGHT TO PURCHASE — 0 shares (Direct);
Common Stock — 2,921 shares (Direct)
Footnotes (1)
- Represents the weighted average of a range of sale prices from $81.67 to $81.80. 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. Received as employment compensation
FAQ
What insider transactions did Mark Andrew Warner report for SEIC?
Mark Andrew Warner reported option exercises, stock grants, and a sale. He exercised stock options twice for 2,000 shares each, received two 2,000-share common stock awards as employment compensation, and sold 4,000 shares of SEI Investments common stock in open-market transactions.
What SEIC stock awards did Mark Andrew Warner receive in this Form 4?
He received two awards of 2,000 shares of SEI Investments common stock each. Both awards were recorded at a price of $71.12 per share and were specifically described in the filing footnotes as being received as employment compensation.