StoneX Group (SNEX) CEO exercises options, sells 45,000 shares
Rhea-AI Filing Summary
StoneX Group Inc. Chief Executive Officer and director Philip Andrew Smith reported a same-day option exercise and sale on July 22, 2026. He exercised stock options covering 45,000 shares of common stock at $8.90 per share and then sold 45,000 common shares at an average price of $74.3218 in a sale described as open market or private. These transactions were made pursuant to a Rule 10b5-1 trading plan, and he continues to hold 916,875 stock options expiring on December 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 45,000 shares ($2.94M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Smith Philip Andrew
Role
Chief Executive Officer
Sold
45,000 shs ($3.34M)
Approx. gross sale proceeds
$3.34M
Approx. exercise cost
$401K
Approx. pre-tax spread
$2.94M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 45,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 45,000 | $8.90 | $401K |
| Sale | Common Stock F1 | 45,000 | $74.3218 | $3.34M |
Holdings After Transaction:
Stock Options — 916,875 shares (Direct);
Common Stock — 738,216 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: 45,000 shares
Shares sold: 45,000 shares
Option exercise price: $8.90 per share
+1 more
4 metrics
Options exercised
45,000 shares
Stock options exercised into common stock on 2026-07-22 at $8.90 per share
Shares sold
45,000 shares
Common stock sold on 2026-07-22 at an average price of $74.3218 per share
Option exercise price
$8.90 per share
Conversion or exercise price of stock options exercised by the CEO
Options remaining
916,875 options
Stock options held after the transaction, expiring 2026-12-05
Key Terms
Rule 10b5-1 trading plan, Exercise or conversion of derivative security, derivative security, average price
4 terms
Rule 10b5-1 trading plan regulatory
"Transactions were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Exercise or conversion of derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
derivative security financial
"Stock options are reported as a derivative security in the filing"
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.
average price financial
"The price reported represents an average price, with full details available"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did StoneX Group (SNEX) CEO Philip Andrew Smith report?
Philip Andrew Smith reported exercising stock options for 45,000 shares of StoneX Group common stock and selling 45,000 shares on July 22, 2026. The filing describes a derivative option exercise followed by a same-day sale of the resulting common shares.
What stock options did the StoneX Group (SNEX) CEO exercise in this Form 4?
He exercised 45,000 stock options, acquiring an equal number of StoneX Group common shares at an exercise price of $8.90 per share. These options were originally exercisable through December 5, 2026, and the exercise was reported as a derivative security conversion.
Does this StoneX Group (SNEX) Form 4 involve a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates that the reported transactions were effected under a Rule 10b5-1 trading plan. This means the timing and mechanics of the option exercise and stock sale were pre-arranged under a written trading plan before execution.
How many StoneX Group (SNEX) stock options does the CEO hold after this transaction?
After the reported option exercise, the CEO continues to hold 916,875 stock options in StoneX Group. These remaining options are tied to an exercise price of $8.90 per share and have an expiration date of December 5, 2026, as disclosed.
What is the overall direction of the StoneX Group (SNEX) CEO’s reported trading activity?
The sequence reflects an option exercise followed by a net sale of 45,000 shares of common stock. While he acquired 45,000 shares via option exercise, he sold the same number of shares the same day, leaving a net reduction in directly held common shares.