Form 4: SEI Investments Director Carl Guarino Reports Stock Acquisition

Director Carl Guarino of SEI Investments Co. acquired 2,175 shares of common stock and 400 shares indirectly for the benefit of minor children on December 12, 2024.

Summary

• Carl Guarino, a director at SEI Investments Co., reported the acquisition of 2,175 shares of common stock on December 12, 2024.
• These shares were received as compensation for board service.
• Additionally, Mr. Guarino acquired 400 shares of common stock indirectly for the benefit of minor children.
• Following these transactions, Mr. Guarino directly owns 16,042 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, with a slightly positive sentiment due to the director's increased stake in the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider trading and is common for directors of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• Directors of comparable financial services companies such as BlackRock, State Street, and T. Rowe Price also regularly file Form 4s to report changes in their beneficial ownership.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased ownership.

Key Dates

Keywords

SEI Investments, Carl Guarino, stock acquisition, Form 4, director, beneficial ownership, common stock, compensation, board service