Form 4: SEI EVP Peterson Sells Shares After Option Exercise

SEI Investments Executive Vice President Michael Peterson exercised stock options and subsequently sold an equal number of common shares.

Summary

• Michael Peterson, Executive Vice President of SEI Investments Company (SEIC), engaged in a transaction involving the company's common stock.
• On November 12, 2025, Peterson exercised options to acquire 25,000 shares of common stock at an exercise price of $54.34 per share.
• Concurrently, Peterson sold 25,000 shares of common stock at a weighted average price of $84.21 per share.
• The sale price ranged from $84.20 to $84.27 per share.
• Following these transactions, Peterson's direct beneficial ownership of common stock decreased from 38,500 shares to 13,500 shares.
• The options exercised were received as employment compensation and had an exercisable date of February 23, 2022, and an expiration date of June 18, 2029.
• After the exercise, Peterson holds 0 derivative securities.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the exercise of stock options and subsequent sale of shares. This is a common event for executives and does not inherently convey a positive or negative sentiment regarding the company's operational performance or future prospects.

Positives

• The executive realized a significant profit from the option exercise and subsequent sale, with shares sold at $84.21 after being acquired at $54.34, indicating a gain of $29.87 per share.

Negatives

• The sale of shares by an executive, even if routine, reduces their direct equity stake in the company, which some investors might interpret as a slight reduction in confidence or alignment of interests.

Risks

• The filing itself, being a Form 4, does not detail specific company risks. However, the remaining beneficial ownership of 13,500 shares is subject to general market and company-specific stock price fluctuations.

Future Outlook

This Form 4 filing details a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transactions, such as the exercise of stock options and subsequent sale of shares, are a common occurrence in publicly traded companies. These transactions often reflect executives' personal financial planning, diversification strategies, or the monetization of long-term compensation, rather than a direct signal about the company's immediate operational performance or strategic direction.

Comparison to Industry Standards

• This type of transaction, where an executive exercises options and sells shares, is a standard practice across industries for monetizing equity compensation.
• It does not inherently indicate a specific outlook on the company's future performance compared to peers, but rather a personal financial decision.
• The profit realized from the spread between the exercise price and sale price is typical for executives holding in-the-money options.

Stakeholder Impact

• Shareholders: The transaction is a routine insider sale and is unlikely to have a significant direct impact on shareholders, though some may note the reduction in the executive's direct holdings.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

SEIC, Insider Transaction, Stock Options, Executive Compensation, Share Sale, Form 4, Beneficial Ownership