StoneX Group Inc.: CEO Philip Andrew Smith sold 45,000 shares

What happened Philip Andrew Smith, CEO, exercised options for 45,000 shares at $8.90 per share (total $400,500) and sold 45,000 shares in an open-market sale at $59.50 per share (total $2,677,487) on Oct 15, 2026. The filing also reports a derivative conversion/disposition of 45,000 shares at $0.00 (disposed $0).

Key details

• Transaction date: Oct 15, 2026.
• Exercise (code M): 45,000 shares @ $8.90, acquired for $400,500.
• Open-market sale (code S): 45,000 shares @ $59.50 (average price), proceeds $2,677,487.
• Derivative conversion/disposition (code M): 45,000 shares @ $0.00, disposed $0.
• Shares owned after the transaction: not reported in the provided filing.
• Footnote F1: "The price reported represents an average price. The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price."
• Filing date: Oct 15, 2026 (no late-file indicator provided in the supplied details).

Why it may matter

• The filing shows the options were exercised and the shares were sold on the same date, i.e., the shares acquired on exercise were sold immediately.
• The filing shows a derivative conversion/disposition reported at $0.00.
• A filing does not show why the insider traded or why the company acted.