StoneX executive sells 300,000 shares after option exercise
StoneX Group Inc. Executive Vice-Chairman Sean Michael O’Connor reported exercising stock options and selling shares of common stock.
Rhea-AI Filing Summary
StoneX Group Inc. Executive Vice-Chairman Sean Michael O’Connor reported exercising stock options and selling shares of common stock. Over three days, he exercised options for a total of 300,000 shares at an exercise price of $13.34 per share and sold 300,000 shares in open-market transactions at prices around $110–$111 per share.
After these transactions, he holds 1,236,921 shares of StoneX common stock directly. He also reports indirect ownership of 2,543,964 shares through Darseaker Limited and 424,353 shares held by a trust. No remaining stock options are shown in this filing after the exercises.
Positive
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Insider Trade Summary 10b5-1
Exercise and Sale: 300,000 shares ($29.16M approx. pre-tax spread)
Exercise and Sale
11 txns
Insider
OCONNOR SEAN MICHAEL
Role
Executive Vice-Chairman-Board
Sold
300,000 shs ($33.17M)
Approx. gross sale proceeds
$33.17M
Approx. exercise cost
$4.00M
Approx. pre-tax spread
$29.16M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 72,140 | $0.00 | $0.00 |
| Exercise | Common Stock | 72,140 | $13.34 | $962K |
| Sale | Common Stock | 72,140 | $109.939 | $7.93M |
| Exercise | Stock Options | 87,790 | $0.00 | $0.00 |
| Exercise | Common Stock | 87,790 | $13.34 | $1.17M |
| Sale | Common Stock | 87,790 | $111.4632 | $9.79M |
| Exercise | Stock Options | 140,070 | $0.00 | $0.00 |
| Exercise | Common Stock | 140,070 | $13.34 | $1.87M |
| Sale | Common Stock | 140,070 | $110.3052 | $15.45M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 1,267,500 contracts (Direct);
Common Stock — 1,236,921 shares (Direct);
Common Stock — 424,353 shares (Indirect, By Trust);
Common Stock — 2,543,964 shares (Indirect, Darseaker Limited)
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
Shares sold: 300,000 shares
Option exercise shares: 300,000 shares
Exercise price: $13.34 per share
+5 more
8 metrics
Shares sold
300,000 shares
Total open-market sales of StoneX common stock
Option exercise shares
300,000 shares
Total shares acquired via option exercises
Exercise price
$13.34 per share
Conversion or exercise price of stock options
Sale price 15 May
$110.3052 per share
Average sale price for 140,070 shares of common stock
Sale price 18 May
$111.4632 per share
Average sale price for 87,790 shares of common stock
Sale price 19 May
$109.9390 per share
Average sale price for 72,140 shares of common stock
Direct holdings after trades
1,236,921 shares
Directly owned StoneX common stock following transactions
Indirect holdings
2,543,964 + 424,353 shares
Indirect ownership via Darseaker Limited and a trust
Key Terms
open-market sale, derivative exercise/conversion, Stock Options, indirect ownership, +1 more
5 terms
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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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.
indirect ownership financial
""ownership_type": "indirect""
average price financial
"The price reported represents an average price."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SNEX executive Sean Michael O’Connor report?
Sean Michael O’Connor reported exercising options for 300,000 StoneX shares at $13.34 and selling 300,000 common shares in open-market trades around $110–$111 per share. The filing shows a combined exercise-and-sell pattern over three consecutive days.
What stock options did the StoneX (SNEX) executive exercise?
He exercised stock options covering 300,000 StoneX common shares. The options had a conversion or exercise price of $13.34 per share and an expiration date of December 5, 2026, with the underlying security described as StoneX common stock in the filing.
Are any of the StoneX (SNEX) holdings reported as indirect ownership?
Yes. The filing shows 2,543,964 StoneX common shares held indirectly through Darseaker Limited and another 424,353 shares held indirectly "By Trust." These positions are labeled as indirect ownership, separate from his directly held shares.
Does the StoneX (SNEX) Form 4 mention how sale prices for the trades were calculated?
The Form 4 states that each reported sale price is an average price. It notes that Sean Michael O’Connor will provide full information about the number of shares sold at each individual price to the Commission, the company, or any stockholder upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
