SEI Investments EVP Michael Lane sells 2,400 shares
An additional 330 shares are listed as held indirectly through the Employee Stock Purchase Plan.
Rhea-AI Filing Summary
SEI INVESTMENTS CO Executive Vice President Michael Lane sold 2,400 common shares on September 22, 2026, at a weighted average price of $102.78 per share; the reported sale prices ranged from $102.76 to $102.79. He directly held 39,581 shares after the sale. Separately, 330 shares were held indirectly through the Employee Stock Purchase Plan, with a footnote describing approximately 125 shares purchased through that plan. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,400 shares
Net Sell
2 txns
Insider
LANE MICHAEL
Role
Executive Vice President
Sold
2,400 shs ($247K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,400 | $102.78 | $247K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,581 shares (Direct);
Common Stock — 330 shares (Indirect, By Employee Stock Purchase Plan)
Footnotes (2)
- F1. Represents the weighted average of a range of sale prices from $102.76 to $102.79. 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 125 shares purchased by the reporting person through the Company's Employee Stock Purchase Plan.
Key Figures
Common shares sold: 2,400 shares
Weighted average sale price: $102.78 per share
Sale price range: $102.76–$102.79 per share
+3 more
6 metrics
Common shares sold
2,400 shares
Sold on September 22, 2026
Weighted average sale price
$102.78 per share
Sale on September 22, 2026
Sale price range
$102.76–$102.79 per share
Reported range for the sale
Direct shares held after sale
39,581 shares
Following the September 22, 2026 transaction
Indirect shares held
330 shares
Held through the Employee Stock Purchase Plan
Shares added through Employee Stock Purchase Plan
Approximately 125 shares
As described in the footnote
Key Terms
weighted average, Employee Stock Purchase Plan, Rule 10b5-1 plan
3 terms
weighted average financial
"weighted average of a range of sale prices"
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.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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