Form 4: SEI Investments Director Carl Guarino Executes Stock Options and Sells Shares

Director Carl Guarino exercised stock options and sold a portion of the acquired shares of SEI Investments on October 28, 2024.

Summary

• On October 28, 2024, Carl Guarino, a director of SEI Investments Co, exercised options to purchase 10,000 shares of common stock at a price of $40.64 per share.
• Following the exercise of these options, Guarino sold 7,564 shares at a weighted average price of $75.77, with prices ranging from $75.58 to $75.86.
• After these transactions, Guarino directly owns 13,867 shares of common stock and indirectly owns 400 shares for the benefit of minor children.
• Guarino has granted power of attorney to Michael Peterson, John Munch, Lindsay Barci, Diane Gallagher, Bridget Garvey, and Venita Knight to execute and file SEC forms on his behalf.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The exercise of stock options and subsequent sale indicates that Guarino is converting compensation into cash.

Negatives

• The sale of shares by a director could be interpreted negatively by some investors, although it is a common practice after exercising options.

Risks

• There are no specific risks highlighted in this document, but insider sales are always scrutinized by investors.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders but doesn't necessarily reflect the overall health or prospects of SEI Investments.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly listed companies like SEI Investments.
• Comparable companies such as BlackRock, State Street, and Vanguard also experience similar filings related to their executives' stock transactions.
• The volume and frequency of these transactions are generally in line with industry norms for companies of similar size and executive compensation structures.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the overall size of the company.

Key Dates