Lyon Charles M 4

What Happened
Charles M. Lyon, President of StoneX Group Inc. (SNEX), exercised options to acquire 45,000 shares on Feb 9, 2026, at a reported exercise price of $20.00 per share (cost = $900,000). On the same day he sold 30,000 shares in an open-market transaction at an average price reported as $124.78 per share (proceeds reported as $3,743,271). The filing also shows 45,000 derivative shares disposed at $0 (reported as a derivative disposition).

Key Details

• Transaction date: 2026-02-09
• Option exercise (code M, acquired): 45,000 shares @ $20.00 — total reported cost $900,000
• Open-market sale (code S, disposed): 30,000 shares @ $124.78 — proceeds reported $3,743,271
• Derivative disposition (code M, disposed): 45,000 shares @ $0 (reported as $0)
• Shares owned after the transaction: Not provided in the supplied filing
• Footnote: Reported sale price is an average; the filer will provide per-share sale prices on request (Footnote F1)
• No late-filing indication was provided in the material reviewed

Context
This sequence—exercising options and selling some shares the same day—is commonly a cashless or partial cashless exercise, where newly acquired shares are sold to cover exercise costs, taxes, or to realize gains. Sales by executives are often routine and don't necessarily reflect a change in conviction; purchases carry more explicit bullish signals. The derivative disposition at $0 may reflect shares surrendered/used in connection with exercise or withholding but the filing does not state the reason.