Form 4: SEI Investments Co Director Carmen Romeo Reports Transaction
SEC Filing (Form 4)
Director Carmen Romeo reports the acquisition and disposal of 5,000 shares of SEI Investments Co common stock on November 6, 2024.
Summary
- On November 6, 2024, Carmen Romeo, a director of SEI Investments Co, engaged in transactions involving the company's common stock.
- Romeo acquired 5,000 shares at a price of $40.64 per share.
- Simultaneously, Romeo disposed of 5,000 shares at a price of $79.64 per share.
- Following these transactions, Romeo directly owns 1,577,652 shares of SEI Investments Co.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives and directors. These transactions are heavily regulated to prevent insider trading and ensure transparency.
Stakeholder Impact
- The transactions may provide some insight into the director's perspective on the company's stock value, but the overall impact on stakeholders is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 2021-12-31 | Date exercisable for Option to Purchase Common Stock |
| 2023-10-31 | Date of Power of Attorney execution |
| 2024-11-06 | Date of stock acquisition and disposal |
| 2024-11-08 | Date of signature for the report |
| 2024-12-09 | Expiration date for Option to Purchase Common Stock |
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