Form 4: SEI Investments Executive Chairman Sells Over 141,000 Shares Under Pre-Arranged Plan

Alfred P. West Jr., Executive Chairman and 10% Owner of SEI Investments Co., sold a total of 141,126 shares of common stock across three transactions in late May 2025, pursuant to a Rule 10b5-1 trading plan.

Summary

• Alfred P. West Jr., Executive Chairman and 10% Owner of SEI Investments Co. (SEIC), reported the sale of 141,126 shares of common stock.
• The sales occurred over two days: May 28, 2025, and May 29, 2025.
• On May 28, 2025, 75,000 shares were sold at a weighted average price of $85.78 per share, with prices ranging from $85.24 to $86.18.
• On May 29, 2025, two separate transactions occurred: 64,498 shares were sold at a weighted average price of $84.26 per share (range $83.84 to $84.83), and an additional 1,628 shares were sold at a weighted average price of $85.21 per share (range $84.84 to $85.43).
• These transactions were conducted under a Rule 10b5-1 pre-arranged trading plan, indicating they were scheduled in advance.
• Following these sales, Mr. West directly beneficially owns 6,937,582 shares of SEI Investments Co. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can sometimes be viewed negatively, the fact that it was executed under a Rule 10b5-1 plan mitigates concerns that it's based on adverse non-public information, making it a routine, pre-planned transaction.

Positives

• The sales were conducted under a Rule 10b5-1 plan, indicating they were pre-scheduled and not based on new, non-public information, which can reduce concerns about the timing of the sales.

Negatives

• Significant insider selling by a key executive and 10% owner, which could be perceived negatively by some investors, despite being pre-planned.

Future Outlook

The document, a Form 4 filing, does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports an insider stock sale, which is a routine disclosure for publicly traded companies. It does not provide broader industry context or trends, but insider selling can sometimes be interpreted by the market in the context of overall industry sentiment or company-specific performance.

Corporate Governance

Stakeholder Impact

• Shareholders: May interpret the insider selling differently; some may view it as a routine liquidity event, especially given the 10b5-1 plan, while others might perceive it as a signal, though the latter is less likely with a pre-scheduled plan.

Key Dates

Recommendation

Keywords

SEI Investments Co., SEIC, Form 4, Insider Trading, Stock Sale, Alfred P. West Jr., Executive Chairman, Rule 10b5-1, Beneficial Ownership, Financial Services