Form 4: SEI Investments Executive Vice President Michael Peterson Reports Stock Transactions
SEC Filing
Michael Peterson, an Executive Vice President at SEI Investments Co, reported the acquisition and disposal of company stock on May 15, 2025, according to a Form 4 filing with the SEC.
Summary
- On May 15, 2025, Michael Peterson, an Executive Vice President at SEI Investments Co, engaged in transactions involving the company's common stock.
- Peterson acquired 37,500 shares at $56.54 and 12,500 shares at $60.46 through option exercises.
- He also sold 50,000 shares at an average price of $84.27.
- Following these transactions, Peterson directly owns 13,500 shares of SEI Investments Co.
- The filing also includes a Power of Attorney document, effective November 13, 2023, authorizing several individuals to act on Peterson's behalf for SEC filings related to SEI Investments Company.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to inside information.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies.
- Monitoring these transactions can provide insights into management's perspective on the company's valuation and future prospects.
- Comparing the volume and frequency of insider transactions at SEI Investments to peers in the financial services industry could offer a broader understanding of sentiment.
Stakeholder Impact
- The stock transactions may influence investor perception of the company.
- Transparency in insider trading activity is important for maintaining shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 11/13/2023 | Date of Power of Attorney execution. |
| 12/10/2024 | Expiration date of options to purchase common stock. |
| 05/15/2025 | Date of stock transactions (acquisition and disposal). |
| 05/16/2025 | Date of signature on the report. |
| 12/08/2030 | Expiration date of options to purchase common stock. |
| 12/10/2031 | Expiration date of options to purchase common stock. |
Keywords
Form 4, SEC, SEI Investments, Stock Transactions, Michael Peterson, Executive Vice President, Beneficial Ownership, Power of Attorney
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.