Form 4: SEI Investments Co. Executive Chairman Alfred P. West, Jr. Sells Shares
SEC Form 4 Filing
Alfred P. West, Jr., Executive Chairman of SEI Investments Co., executed sales of common stock on May 13 and 14, 2024.
Summary
- On May 13, 2024, Alfred P. West, Jr., the Executive Chairman of SEI Investments Co., sold 48,000 shares of common stock at a weighted average price of $68.09.
- Following this transaction, Mr. West directly owns 7,677,471 shares of SEI Investments Co.
- On May 14, 2024, Mr. West sold an additional 475 shares of common stock at a weighted average price of $67.91.
- After this second transaction, Mr. West directly owns 7,676,996 shares of SEI Investments Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| November 17, 2023 | Date of Power of Attorney execution. |
| May 13, 2024 | Date of first reported transaction: sale of 48,000 shares. |
| May 14, 2024 | Date of second reported transaction: sale of 475 shares. |
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