SEI Investments officer sells 25K shares after exercise
SEI Investments Company officer Sanjay Sharma reported option exercises and share sales in the company’s common stock.
Rhea-AI Filing Summary
SEI Investments Company officer Sanjay Sharma reported option exercises and share sales in the company’s common stock. On April 23, 2026, he exercised options to acquire a total of 25,000 shares at an exercise price of $49.63 per share.
On the same date, he sold 25,000 shares in open-market transactions, including 1,559 shares at $90.73 per share and 23,441 shares at $90.08 per share, with footnotes noting weighted-average prices over specified ranges. Following these transactions, he held 39,828.992 shares directly.
The filing also shows 2,653.7771 shares held indirectly through an Employee Stock Purchase Plan, reflecting an acquisition of 284.5759 shares since his most recent prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 25,000 shares ($1.01M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Sharma Sanjay
Role
See Remarks*
Sold
25,000 shs ($2.25M)
Approx. gross sale proceeds
$2.25M
Approx. exercise cost
$1.24M
Approx. pre-tax spread
$1.01M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 12,500 | $0.00 | $0.00 |
| Exercise | Option to Purchase Common Stock | 12,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,500 | $49.63 | $620K |
| Exercise | Common Stock | 12,500 | $49.63 | $620K |
| Sale | Common Stock | 23,441 | $90.08 | $2.11M |
| Sale | Common Stock | 1,559 | $90.73 | $141K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 0 contracts (Direct);
Common Stock — 39,828.992 shares (Direct);
Common Stock — 2,653.7771 shares (Indirect, By Employee Stock Purchase Plan)
Footnotes (4)
- F1. Represents the weighted average of a range of sale prices from $89.67 to $90.58. 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. Represents the weighted average of a range of sale prices from $90.67 to $90.86. 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.
- F3. Reflects the acquisition through the Employee Stock Purchase Plan of 284.5759 shares of common stock since the Reporting Person's most recent Form 4 filing.
- F4. Received as employment compensation
Key Figures
Shares sold: 25,000 shares
Sale price (block 1): $90.73 per share
Sale price (block 2): $90.08 per share
+5 more
8 metrics
Shares sold
25,000 shares
Open-market sales on April 23, 2026
Sale price (block 1)
$90.73 per share
1,559 shares of common stock sold
Sale price (block 2)
$90.08 per share
23,441 shares of common stock sold
Options exercised
25,000 shares
Common stock options exercised on April 23, 2026
Exercise price
$49.63 per share
Option to purchase common stock
Direct holdings after
39,828.992 shares
Common stock held directly following transactions
Indirect ESPP holdings
2,653.7771 shares
Held through Employee Stock Purchase Plan
New ESPP shares
284.5759 shares
Acquired since most recent prior Form 4
Key Terms
Employee Stock Purchase Plan, weighted average, open-market sale, derivative security, +1 more
5 terms
Employee Stock Purchase Plan financial
"Reflects the acquisition through the Employee Stock Purchase Plan of 284.5759 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.
weighted average financial
"Represents the weighted average of a range of sale prices from $89.67 to $90.58"
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.
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 did SEI Investments (SEIC) officer Sanjay Sharma do in this Form 4?
Sanjay Sharma exercised options and sold SEI Investments common stock. He exercised options for 25,000 shares at $49.63 each, then sold 25,000 shares in open-market trades, while ending with 39,828.992 directly held shares plus additional shares through an employee stock plan.
What options did Sanjay Sharma exercise in SEI Investments (SEIC) stock?
He exercised options to purchase 25,000 SEI Investments common shares. The options covered two blocks of 12,500 shares each, with a conversion or exercise price of $49.63 per share and expiration dates in December 2026, resulting in newly acquired common shares.
What does the Employee Stock Purchase Plan position mean for SEI Investments (SEIC)?
The Employee Stock Purchase Plan position shows ongoing accumulation of SEI Investments shares. The filing notes 2,653.7771 shares held indirectly and that 284.5759 shares were acquired since his prior Form 4, indicating regular participation in the company’s employee share purchase program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
