Form 4: SEI Investments Director Risi Receives Equity Compensation

SEI Investments Director Karin A. Risi was granted 2,266 restricted stock units as compensation for her board service, increasing her direct beneficial ownership to 4,342 shares.

Summary

• Karin A. Risi, a Director of SEI Investments Company (SEIC), acquired 2,266 shares of common stock.
• The acquisition occurred on December 12, 2025.
• These shares were received as Restricted Stock Units (RSUs) as compensation for her service on the Company's Board of Directors and are subject to vesting.
• Following this transaction, Ms. Risi directly beneficially owns 4,342 shares of SEI Investments Company common stock.
• The filing was signed by Diane Gallagher, attorney-in-fact for Karin A. Risi, on December 16, 2025, under a Power of Attorney dated July 15, 2025.

Sentiment

Score: 7

Explanation: The filing reports a routine equity compensation grant to a director, which is a positive for the individual and generally neutral to slightly positive for the company as it aligns interests. No negative information is present.

Positives

• The grant of 2,266 Restricted Stock Units (RSUs) aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• Receiving equity as compensation is a standard practice for board members, indicating continued commitment to the company.

Negatives

• No specific negative points are identified in this routine compensation filing.

Risks

• The filing itself does not detail specific company risks. The primary risk for the recipient is the vesting condition and potential decline in stock value.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's future performance, beyond the implicit expectation of continued board service and vesting of restricted stock units.

Industry Context

The grant of restricted stock units to a director is a common practice in the financial services industry, used to compensate board members and align their long-term interests with those of shareholders. This transaction is consistent with typical corporate governance practices for publicly traded companies like SEI Investments.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for director compensation is a widely adopted practice across various industries, including financial services, as it ties compensation directly to company performance and encourages long-term commitment.
• Many companies, such as BlackRock (BLK) or The Vanguard Group (not publicly traded but a major competitor), utilize similar equity-based compensation structures for their non-employee directors to foster alignment with shareholder interests.
• The specific number of units granted (2,266) would need to be benchmarked against SEIC's peer group's director compensation policies and the director's overall compensation package to assess its relative size and competitiveness, which is not detailed in this filing.

Corporate Governance

Related Party Transactions

• The grant of restricted stock units to Karin A. Risi, a director of SEI Investments Company, constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant of equity compensation aligns the director's financial interests with those of shareholders, potentially encouraging decisions that enhance long-term shareholder value. Dilution from such grants is typically minimal and factored into compensation plans.
• Employees: No direct impact on employees is indicated by this filing.
• Customers: No direct impact on customers is indicated by this filing.
• Suppliers: No direct impact on suppliers is indicated by this filing.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• The restricted stock units are subject to vesting, implying future dates when these units will convert into fully owned shares, contingent on continued service or other conditions.

Key Dates

Recommendation

This Form 4 filing details a routine equity compensation grant to a director, which is a standard practice for aligning management and board interests with shareholders. It does not contain information that would fundamentally alter the investment thesis for SEI Investments Company, nor does it signal any significant operational or financial changes. Therefore, a 'hold' recommendation is appropriate, as the filing provides no new material information to warrant a change in investment stance.

Keywords

SEI Investments, SEIC, Karin A. Risi, Director Compensation, Restricted Stock Units, RSU Grant, Insider Transaction, Form 4, Equity Compensation