4Filed Jul 22, 8:00 PM ET
StoneX (SNEX) CFO William Dunaway Exercises Options, Sells Shares
$SNEX · StoneX Group Inc.Research Summary
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StoneX (SNEX) CFO William Dunaway Exercises Options, Sells Shares
What Happened
- William J. Dunaway, Chief Financial Officer of StoneX Group Inc. (SNEX), exercised 126,563 option-derived shares and sold a portion of stock the same day. He paid $8.90 per share to acquire 126,563 shares (cost ~$1,126,411) and sold 95,970 shares in an open-market transaction at an average price of $74.33 for gross proceeds of ~$7,133,325. The Form 4 also reports a separate line showing a 126,563-share derivative disposition at $0.00.
Key Details
- Transaction date: July 22, 2026 (Form 4 filed July 23, 2026).
- Exercise (M): 126,563 shares acquired at $8.90 each; total reported cost ~$1,126,411.
- Sale (S): 95,970 shares disposed at an average price of $74.33; total proceeds ~$7,133,325. (Footnote F1: sale price is an average; full breakdown available on request.)
- Derivative line: 126,563 shares reported disposed at $0.00 (as shown on the filing).
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Filing timeliness: Form shows filing date one day after the transactions (filed 2026-07-23 for 2026-07-22 trades); no late-filing flag provided in the excerpt.
Context
- This was an option exercise (a purchase of shares via conversion of derivatives) followed by an open-market sale of many of those shares. When exercise and sale occur the same day, it is commonly a cashless or sell-to-cover pattern (the filing does not explicitly state this). Purchases (option exercises) can be taken as a useful signal, but routine sales by executives often reflect liquidity needs, tax-withholding, or portfolio management rather than a view on company prospects.