SEIC - Alfred P. West Jr. At SEI Inv Executes Options Exercise Realizing $1.19M | Benzinga
Highlighted on December 5, it was unveiled in an SEC filing that Jr.,, Executive Chairman at SEI Inv (NASDAQ:SEIC), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Jr.,, Executive Chairman at SEI Inv, a company in the Financials sector, just exercised stock options worth 45,000 shares of SEIC stock with an exercise price of $33.76.
During Tuesday's morning session, SEI Inv shares down by 0.0%, currently priced at $60.12. Considering the current price, Jr.,'s 45,000 shares have a total value of $1,186,200.
Unveiling the Story Behind SEI Inv
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2022, SEI (including LSV) manages, administers, or advises on over $1.2 trillion in assets.
Key Indicators: SEI Inv's Financial Health
Revenue Growth: SEI Inv's revenue growth over a period of 3 months has been noteworthy. ...