secwatch.observer — SEC 8-K summary
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Issuer:     SEI INVESTMENTS CO (SEIC)
CIK:        0000350894
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0000350894-22-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEI Investments appoints Ryan Hicke as CEO effective June 1, 2022
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- Ryan Hicke appointed CEO effective June 1, 2022; also elected to Board.
- Employment agreement: $750,000 base salary, $1,750,000 target bonus.
- Initial RSU grant of 40,000 shares vesting over four years; December 2022 equity grant of options for 100,000 shares.
- Severance: 1.5x salary plus 1.5x target bonus upon termination without cause, plus RSU acceleration.
- Bylaws amended to create CEO position and adjust duties of Chairman, Vice Chairman, and President.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350894/000035089422000014/0000350894-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350894/000035089422000014/seic-20220331.htm
  HTML page:      https://secwatch.observer/filing/0000350894-22-000014

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