The chairman and chief executive of SEI Investments Co., an investment and asset management company, sold 105,087 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Alfred P. West Jr. reported he sold the shares Monday for $24 to $24.34 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
SEI Investments is based in Oaks, Pa.