StoneX CEO Philip Andrew Smith Exercises Options, Sells 30,000 Shares

What Happened
Philip Andrew Smith, CEO of StoneX Group Inc. (SNEX), exercised options to acquire 30,000 shares on April 10, 2026, at an exercise price of $13.34 per share (cost $400,200). On the same day he sold 30,000 shares in an open-market transaction at an average price of $92.23 per share, generating proceeds of approximately $2,766,906. The filing also reports a separate derivative conversion/disposition of 30,000 shares at $0.00.

Key Details

• Transaction date: 2026-04-10 (reported on Form 4 filed 2026-04-14)
• Exercise (M): 30,000 shares acquired at $13.34 each — total $400,200
• Sale (S): 30,000 shares sold at an average price of $92.23 each — proceeds ~$2,766,906
• Derivative disposition (M): 30,000 shares reported disposed at $0.00 (separately reported)
• Shares owned after the transactions: not specified in the provided filing details
• Footnote: The sale price is reported as an average price; the reporting person will provide a breakdown of shares sold at each price upon request (Footnote F1)

Context
The sequence—exercise of options followed by a same-day sale of the same number of shares—is consistent with a cashless exercise pattern (exercise and immediate sale). The separate $0.00 derivative disposition entry is included in the filing but the form does not provide further detail here. The footnote clarifies the reported sale price is an average; investors can request a per-trade breakdown from the filer if needed.