AI brief of an SEC Form 8-K · SEI Investments (SEIC)

SEI Shareholders Approve 2024 Equity Plan and Board Declares $0.46 Dividend

Neutral Impact 3 of 5 shareholder Written later

At its May 29, 2024 annual meeting, SEI shareholders approved the 2024 Omnibus Equity Compensation Plan, which took effect on approval, and elected three directors. The same day, the board declared a semi-annual cash dividend of $0.46 per share, and the company disclosed its Executive Severance and Change of Control Plan, which sets cash and equity payments for executives whose employment ends under specified conditions.

Key points

  • Shareholders approved the 2024 Omnibus Equity Compensation Plan with 84,926,107 votes for and 18,392,780 against
  • Semi-annual dividend of $0.46 per share: record date June 10, 2024, payment date June 18, 2024
  • Severance plan provides a cash payment of 1.5 times the sum of annual base salary and target bonus, plus pro-rata target bonus, on a qualifying termination during a change of control period
  • Advisory say-on-pay vote approved by 61.8% of votes cast; KPMG LLP ratified as 2024 auditor with 99.5% of votes cast

The filing

CompanySEI Investments (SEIC)
Form8-K, current report
Filed with the SECMay 30, 2024, 2:08 PM ET
Accession number0000350894-24-000090

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.