StoneX CEO exercises options, sells 30K shares
StoneX Group Inc. Chief Executive Officer Philip Andrew Smith exercised and sold shares in a routine options transaction.
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Form Type
4
Rhea-AI Filing Summary
StoneX Group Inc. Chief Executive Officer Philip Andrew Smith exercised and sold shares in a routine options transaction. On April 10, 2026, he exercised stock options for 30,000 shares of common stock at an exercise price of $13.34 per share.
He then sold 30,000 shares of common stock in an open-market transaction at an average price of $92.2302 per share, as noted in the filing. After these transactions, he directly holds 514,719 shares of StoneX Group Inc. common stock.
Insider Trade Summary 10b5-1
Exercise and Sale: 30,000 shares ($2.37M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Smith Philip Andrew
Role
Chief Executive Officer
Sold
30,000 shs ($2.77M)
Approx. gross sale proceeds
$2.77M
Approx. exercise cost
$400K
Approx. pre-tax spread
$2.37M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 30,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,000 | $13.34 | $400K |
| Sale | Common Stock | 30,000 | $92.2302 | $2.77M |
Holdings After Transaction:
Stock Options — 678,750 contracts (Direct);
Common Stock — 514,719 shares (Direct)
Footnotes (1)
- F1. The price reported represents an average price. The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Options exercised: 30,000 shares
Exercise price: $13.34 per share
Shares sold: 30,000 shares
+3 more
6 metrics
Options exercised
30,000 shares
Stock options converted into common stock on April 10, 2026
Exercise price
$13.34 per share
Strike price for 30,000 exercised stock options
Shares sold
30,000 shares
Open-market sale of common stock on April 10, 2026
Average sale price
$92.2302 per share
Average price for sold StoneX common shares
Shares held after sale
514,719 shares
CEO’s direct ownership following reported transactions
Option expiration date
December 5, 2026
Expiration date of exercised stock options
Key Terms
Stock Options, Exercise or conversion of derivative security, open-market sale, average price, +1 more
5 terms
Stock Options financial
"security_title": "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
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.
average price financial
"The price reported represents an average price."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did StoneX Group Inc. (SNEX) report for its CEO?
StoneX Group Inc. reported that CEO Philip Andrew Smith exercised options for 30,000 shares and sold 30,000 shares of common stock. The transactions occurred on April 10, 2026, and were disclosed in a Form 4 insider trading report.
What stock options did the StoneX (SNEX) CEO exercise in this Form 4?
The CEO exercised stock options covering 30,000 underlying shares of StoneX common stock at an exercise price of $13.34 per share. These options were scheduled to expire on December 5, 2026, according to the disclosure.
Was the StoneX (SNEX) CEO’s sale a routine exercise-and-sell transaction?
The filing shows a typical exercise-and-sell pattern: the CEO exercised options for 30,000 shares at $13.34 and then sold the same 30,000 shares at an average price of $92.2302, while retaining a substantial remaining share position.
What does the Form 4 footnote say about the StoneX (SNEX) sale price?
The footnote explains the reported $92.2302 sale price is an average price. The CEO will provide the SEC, the company, or any shareholder with full details on the number of shares sold at each individual price upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
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