Form 4: StoneX Group Subsidiary President Charles M. Lyon Reports Stock Option Exercises and Sales
SEC Form 4 Filing
Charles M. Lyon, President and CEO of a StoneX Group subsidiary, reported exercising stock options and selling shares of common stock on March 8 and March 11, 2024.
Summary
- Charles M. Lyon, President and CEO of a StoneX Group subsidiary, executed transactions involving StoneX Group Inc. common stock.
- On March 8, 2024, Lyon exercised stock options to acquire 10,338 shares at $30 per share and sold the same amount at an average price of $68.5266.
- Following this transaction, Lyon directly owns 61,557 shares of common stock.
- On March 11, 2024, Lyon exercised stock options to acquire 7,858 shares at $30 per share and sold the same amount at an average price of $68.1121.
- Following this transaction, Lyon directly owns 61,557 shares of common stock.
- After these transactions, Lyon directly owns 301,424 stock options.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. The sentiment is neither positive nor negative as it simply reflects the execution of pre-existing stock options and subsequent sales.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 12/05/2021 | Date stock options exercisable |
| 03/08/2024 | Date of stock option exercise and sale of 10,338 shares. |
| 03/11/2024 | Date of stock option exercise and sale of 7,858 shares. |
| 12/05/2026 | Date stock options expire |
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