StoneX Group executive vice-chairman O’Connor disposes of $4.6m shares
StoneX Group executive vice-chairman O’Connor disposes of $4.6m shares
Sean Michael O’Connor, Executive Vice-Chairman-Board at StoneX Group Inc. (NASDAQ:SNEX), executed a series of transactions involving the company’s common stock on October 12, 2026, according to a recent SEC filing. The transactions included both the acquisition of shares through option exercises and subsequent sales.
Mr. O’Connor disposed of 76,148 shares of StoneX Group common stock. These shares were sold at an average price of $60.3542 per share, totaling approximately $4,595,851. The reported price represents an average, and further details regarding the number of shares sold at each separate price can be provided upon request.The timing of the sale comes as the stock has declined 8.7% over the past week, according to InvestingPro data. Despite recent weakness, the company maintains a "GOOD" financial health score. InvestingPro analysis currently suggests the stock is overvalued relative to its Fair Value. Investors seeking deeper insights can access the comprehensive Pro Research Report, available for SNEX and 1,400+ other US equities.
Concurrently, Mr. O’Connor acquired 157,500 shares of common stock by exercising stock options at a price of $8.9 per share. This acquisition amounted to approximately $1,401,750. The options had an exercise date of December 5, 2021, and are set to expire on December 5, 2026.
Following these transactions, Mr. O’Connor’s direct beneficial ownership in StoneX Group common stock stands at 1,831,799 shares. Additionally, he indirectly holds 636,529 shares through a trust and 3,815,946 shares through Darseaker Limited.
In other recent news, StoneX Group reported its third-quarter fiscal 2026 earnings, revealing a mixed financial performance. While the company experienced robust growth across most of its business segments, its diluted earnings per share (EPS) fell short of Wall Street’s expectations. StoneX announced an adjusted diluted EPS of $1.00, which was below the forecasted $1.23. Despite this shortfall in EPS, the company’s revenue figures demonstrated significant year-over-year growth, highlighting strong business momentum. The discrepancy between earnings expectations and actual results has been a focal point for investors. Additionally, the market reacted to these earnings results, with shares experiencing a notable decline in after-hours trading. These developments are part of the recent financial landscape for StoneX Group.