Form 4: StoneX Group Subsidiary President and CEO Charles M. Lyon Reports Stock Transactions
SEC Form 4
Charles M. Lyon, Subsidiary President and CEO of StoneX Group Inc., reports the exercise of stock options and subsequent sale of common stock on May 17 and May 20, 2024.
Summary
- Charles M. Lyon, Subsidiary President and CEO of StoneX Group Inc., reported transactions involving StoneX Group Inc. common stock.
- On May 17, 2024, Lyon exercised stock options to acquire 5,621 shares at a price of $30 per share and sold 5,621 shares at an average price of $75.5399.
- Following these transactions on May 17, Lyon directly owns 61,557 shares of StoneX Group Inc. common stock.
- On May 20, 2024, Lyon exercised stock options to acquire 4,016 shares at a price of $30 per share and sold 4,016 shares at an average price of $74.0151.
- Following these transactions on May 20, Lyon directly owns 61,557 shares of StoneX Group Inc. common stock.
- Lyon also directly owns 285,000 stock options.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Insider trading activity is a common occurrence in publicly listed companies like StoneX Group Inc.
- Similar filings are regularly made by executives at companies such as Goldman Sachs, JP Morgan Chase, and Morgan Stanley.
- The reported transactions are typical for executives who receive stock options as part of their compensation packages.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
- Employees are unlikely to be directly affected by these transactions.
Key Dates
| Date | Description |
|---|---|
| 12/05/2021 | Date stock options were exercisable |
| 05/17/2024 | Date of stock option exercise and sale of common stock |
| 05/20/2024 | Date of stock option exercise and sale of common stock |
| 12/05/2026 | Expiration date of stock options |
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