StoneX (SNEX) executive vice-chairman sells 150K shares, keeps over 1M
Rhea-AI Filing Summary
StoneX Group Inc. Executive Vice-Chairman Sean Michael O'Connor reported open-market sales of company common stock. He sold 75,000 shares on June 12 at an average price of $131.1504 per share and a further 75,000 shares on June 15 at an average price of $135.4236 per share, for total reported sales of 150,000 shares.
After these transactions, O'Connor directly holds 1,086,921 shares of StoneX common stock. The filing also lists indirect holdings of 2,543,964 shares through Darseaker Limited and 424,353 shares held by a trust as of June 12. A footnote explains that the reported prices are averages, with detailed trade prices available on request.
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Insights
O'Connor sold 150,000 StoneX shares but retains large direct and indirect stakes.
Executive Vice-Chairman Sean Michael O'Connor executed two open-market sales totaling 150,000 StoneX common shares at average prices of $131.1504 and $135.4236. These are discretionary sales, not option exercises or tax withholdings, so they represent active dispositions into the market.
Following the sales, he still directly owns 1,086,921 shares and has additional indirect positions of 2,543,964 shares via Darseaker Limited and 424,353 shares held by a trust. In total, this filing shows he continues to have substantial exposure to StoneX equity despite the sales.
A footnote clarifies that each price is an average over multiple trades, with exact price breakdowns available on request. There is no reference here to a Rule 10b5-1 trading plan, so the timing context is not defined, but the remaining holdings suggest these transactions are a partial trim rather than an exit.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 75,000 | $135.4236 | $10.16M |
| Sale | Common Stock | 75,000 | $131.1504 | $9.84M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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