Form 4: SEI Investments Director Kathryn McCarthy Acquires Shares Through Stock Award

Director Kathryn McCarthy of SEI Investments Co. acquired 2,175 shares of common stock as compensation for board service.

Summary

• Kathryn McCarthy, a director at SEI Investments Co., acquired 2,175 shares of common stock on December 12, 2024.
• These shares were received as compensation for her service on the board.
• Following this transaction, Ms. McCarthy directly owns 75,641 shares of SEI Investments Co. common stock.
• The acquisition was made through a grant of restricted stock units that are subject to vesting.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The stock award serves as an incentive for continued board service.

Industry Context

This is a routine transaction related to director compensation and is common practice in publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation for board members is a standard practice across publicly traded companies.
• The number of shares granted is typical for director compensation packages, though the specific amount varies based on company size, performance, and board responsibilities.
• Companies like BlackRock, State Street, and other financial services firms also use stock awards as part of their director compensation.

Stakeholder Impact

• The stock acquisition by a director can be viewed positively by shareholders as it aligns interests.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

SEI Investments, Kathryn McCarthy, stock acquisition, director, Form 4, restricted stock units, board compensation