Form 4: SEI Investments Exec Chairman Reports Tax-Related Stock Sale
Insider Transaction Report
SEI Investments' Executive Chairman, Alfred P. West Jr., reported the disposition of 1,100 shares of common stock to cover tax obligations from RSU vesting.
Summary
- Alfred P. West Jr., Executive Chairman, Director, and 10% Owner of SEI Investments Co. (SEIC), reported a transaction involving the company's common stock.
- On December 5, 2025, 1,100 shares of common stock were disposed of.
- The disposition was specifically to satisfy tax obligations incurred upon the vesting of Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $81.25 per share.
- Following this transaction, Alfred P. West Jr. directly beneficially owns 6,941,712 shares of SEIC common stock.
- The filing notes that this transaction was inadvertently not reported on a timely basis.
Sentiment
Score: 5
Explanation: A routine insider transaction for tax withholding purposes, with no significant positive or negative implications for the company's fundamentals. The delay in reporting is a minor administrative issue.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies. It does not reflect broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Alfred P. West, Jr. granted a Power of Attorney on November 17, 2023, to several individuals, including Diane Gallagher, to execute and file Forms 3, 4, and 5 on his behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 2023-11-17 | This grant streamlines the process for insider transaction reporting, aiming to ensure timely and accurate filings, although this specific transaction was reported late despite the Power of Attorney being in place. |
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine tax-related transaction by an insider, not a discretionary sale that would signal a change in confidence.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2023-11-17 | Power of Attorney granted by Alfred P. West, Jr. to designated attorneys-in-fact for SEC filings. |
| 2025-12-05 | Date of disposition of 1,100 shares of common stock to satisfy tax obligations. |
| 2025-12-29 | Date Form 4 was signed and filed with the SEC. |
Keywords
SEI Investments, SEIC, Alfred P. West Jr., Insider Transaction, Form 4, Stock Sale, Tax Withholding, RSU Vesting, Executive Compensation
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