Form 4: SEI Investments Executive Chairman Alfred P. West, Jr. Sells Shares
SEC Form 4 Filing
Alfred P. West, Jr., Executive Chairman of SEI Investments Co, sold a significant number of shares in two transactions on August 23 and August 26, 2024.
Summary
- Alfred P. West, Jr., the Executive Chairman of SEI Investments Co, reported the sale of company stock.
- On August 23, 2024, he sold 27,419 shares at a price of $67.48 per share.
- On August 26, 2024, he sold 44,163 shares at a price of $67.55 per share.
- Following these transactions, West directly owns 7,605,414 shares of SEI Investments Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may react to the news of the Executive Chairman selling shares, although the impact is uncertain.
Key Dates
| Date | Description |
|---|---|
| 2023-11-17 | Date of Power of Attorney execution. |
| 2024-08-23 | Sale of 27,419 shares of Common Stock at $67.48. |
| 2024-08-26 | Sale of 44,163 shares of Common Stock at $67.55. |
| 2024-08-27 | Date of Form 4 signature. |
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