Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · SEI Investments (SEIC)

SEI Investments extends CEO Ryan Hicke's contract to June 2031 with $900,000 salary

Neutral Impact 3 of 5 leadership Written later

SEI Investments signed a new employment agreement with CEO Ryan Hicke dated January 13, 2026, replacing his prior agreement, which was set to expire June 1, 2026. The new term runs to June 1, 2031, with an initial $900,000 base salary and a $2,700,000 target cash bonus. The filing also sets out severance terms, including enhanced benefits if he leaves for good reason within 24 months after a change in control.

Key points

  • Initial annual base salary of $900,000, which can be increased but not decreased during the term
  • Initial annual target cash bonus of $2,700,000, based on individual and/or company performance
  • Term runs until June 1, 2031; prior agreement was set to expire June 1, 2026
  • Severance on termination without cause: 1.5 times base salary and 1.5 times annual bonus, paid over 18 months

The filing

CompanySEI Investments (SEIC)
Form8-K, current report
Filed with the SECJan 15, 2026, 4:20 PM ET
Accession number0000929638-26-000165

Items reported: 5.02 Director / Officer Change

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 January 15, 2026.

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.