SEI Investments Officer Michael Lane Files Form 144 to Sell 2,400 Shares
SEI INVESTMENTS CO
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Filing Summary
š Form 144 Notice of Proposed Sale: SEI INVESTMENTS CO ($SEIC) ⢠Insider: Michael Lane (Officer) ⢠Shares Proposed for Sale: 2,400 Common Shares ⢠Estimated Total Value: $246,669.00 (~$102.78/share) ⢠Approximate Sale Date: September 22, 2026 ⢠Broker: Charles Schwab & Co., Inc. ⢠Acquisition Source: Restricted Stock Lapse (Vested 09/16/2026) ⢠Significance: Low (<0.01% of 120.02M shares outstanding)
Comprehensive Analysis
Executive Summary
On September 22, 2026, Michael Lane, an Officer of SEI Investments Co ($SEIC), filed Form 144 detailing a notice of proposed sale of 2,400 common shares through Charles Schwab & Co., Inc. The aggregate market value is estimated at $246,669.00, implying a price of approximately $102.78 per share.
Key Filing Details
- Issuer: SEI INVESTMENTS CO ($SEIC)
- Filer: Michael Lane (Officer)
- Securities to be Sold: 2,400 shares of Common Stock
- Total Approximate Market Value: $246,669.00
- Source of Shares: Acquired on September 16, 2026, through a restricted stock lapse under equity compensation.
- Past 3 Months Activity: No other sales reported in the preceding three months.
Market and Trading Assessment
- Impact: Low. The planned sale represents less than 0.01% of SEI Investments Co's 120,019,182 total shares outstanding.
- Rationale: The shares originated from equity compensation that vested just days prior (September 16, 2026). Selling a portion of recently vested equity is routine executive financial planning, often associated with tax obligations or personal liquidity, and carries minimal directional signaling for the stock.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
