SEI EVP sells 37,500 shares at $111.51
Rhea-AI Filing Summary
For SEI INVESTMENTS CO (SEIC), Executive Vice President Michael Peterson exercised options for 37,500 shares of common stock at an exercise price of $56.54 per share and on the same date sold 37,500 shares at a weighted average price of $111.51 per share, within a range of $111.19–$112.07. The exercised options, received as employment compensation, were fully exercised, leaving 0 options reported, and Peterson now holds 454 shares indirectly through the Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 37,500 shares ($2.06M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Peterson Michael
Role
Executive Vice President
Sold
37,500 shs ($4.18M)
Approx. gross sale proceeds
$4.18M
Approx. exercise cost
$2.12M
Approx. pre-tax spread
$2.06M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock F3 | 37,500 | -- | -- |
| Exercise | Common Stock | 37,500 | $56.54 | $2.12M |
| Sale | Common Stock F1 | 37,500 | $111.51 | $4.18M |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 0 contracts (Direct);
Common Stock — 20,148 shares (Direct);
Common Stock — 454 shares (Indirect, By Employee Stock Purchase Plan)
Footnotes (3)
- F1. Represents the weighted average of a range of sale prices from $111.19 to $112.07. 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. Reflects the addition of approximately 91 shares purchased by the Reporting Person through the Company's Employee Stock Purchase Plan.
- F3. Received as employment compensation.
Key Figures
Options exercised: 37,500 shares of common stock
Option exercise price: $56.54 per share
Shares sold: 37,500 shares of common stock
+4 more
7 metrics
Options exercised
37,500 shares of common stock
Shares acquired on exercise of option to purchase common stock on 2026-08-28
Option exercise price
$56.54 per share
Conversion or exercise price for the option to purchase 37,500 shares
Shares sold
37,500 shares of common stock
Shares sold on 2026-08-28 in open market or private transactions
Weighted average sale price
$111.51 per share
Weighted average of sale prices ranging from $111.19 to $112.07
Sale price range
$111.19–$112.07 per share
Range of prices for the reported 37,500-share sale
Indirect holdings after transaction
454 shares of common stock
Held indirectly by Employee Stock Purchase Plan after addition of approximately 91 shares
Option expiration date
December 8, 2030
Expiration date of the exercised option to purchase 37,500 shares
Key Terms
weighted average, Employee Stock Purchase Plan, derivative security, indirect ownership
4 terms
weighted average financial
"Represents the weighted average of a range of sale prices from $111.19"
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.
Employee Stock Purchase Plan financial
"purchased by the Reporting Person through the Company's 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.
derivative security financial
"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.
indirect ownership financial
"total_shares_following_transaction 454.0000, ownership_type indirect"
FAQ
What did SEIC Executive Vice President Michael Peterson report in this Form 4?
He exercised options for 37,500 shares of SEIC common stock at $56.54 per share and sold 37,500 shares on the same date at a weighted average price of $111.51 per share, with trades between $111.19 and $112.07.
What options did Michael Peterson exercise in SEIC stock?
He exercised an option to purchase 37,500 shares of SEIC common stock at an exercise price of $56.54 per share. The option was reported as having an expiration date of December 8, 2030 and was received as employment compensation.
Were Michael Peterson’s SEIC trades made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not checked (false), and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
