Form 4: StoneX Director Granted Restricted Stock
Statement of Changes in Beneficial Ownership
StoneX Group Inc. Director Dhamu R. Thamodaran was granted 118 restricted shares of common stock, vesting over three years.
Summary
- Dhamu R. Thamodaran, a Director of StoneX Group Inc. (SNEX), acquired 118 restricted shares of common stock.
- The transaction occurred on October 31, 2025, and was reported on November 3, 2025.
- The shares were acquired at a price of $0, indicating a grant as part of the Company's Restricted Stock Program.
- These shares will vest equally on the anniversary of the grant date over the next three years.
- Following this transaction, Mr. Thamodaran beneficially owns a total of 36,687 shares of common stock.
Sentiment
Score: 6
Explanation: Slightly positive, as it represents standard director compensation and aligns interests, with no negative implications.
Positives
- The grant of restricted shares aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan designed to comply with insider trading regulations.
Future Outlook
The acquired restricted shares will vest equally on the anniversary of the grant date over the next three years, providing a future incentive for the director.
Industry Context
Grants of restricted stock to directors are a standard practice across various industries, including financial services, to compensate board members and align their long-term interests with company performance and shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 10/31/2025 | This indicates a pre-arranged trading plan, which enhances transparency and helps mitigate concerns about insider trading. |
Stakeholder Impact
- Shareholders: The grant of restricted stock to a director helps align the director's long-term financial interests with the company's performance, potentially benefiting shareholders through improved governance and strategic decisions.
Next Steps
- The 118 restricted shares will vest equally on the anniversary of the grant date in years one, two, and three.
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of transaction where 118 restricted shares were acquired. |
| 11/03/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
StoneX Group Inc., SNEX, Dhamu R. Thamodaran, Restricted Stock, Director Compensation, SEC Form 4, Insider Transaction, Equity Grant, Rule 10b5-1
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