{
  "id": 14818756,
  "title": "StoneX CEO Philip Smith sells $2.6m in company stock",
  "url": "https://urgent.news/2026/10/15/stonex-ceo-philip-smith-sells-2-6m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T23:15:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/stonex-ceo-philip-smith-sells-26m-in-company-stock-93CH-4952826"
  },
  "original_language": "en",
  "account": "StoneX Group CEO Philip Smith has sold $2.6 million worth of company stock, reducing his direct ownership to 738,216 shares following the disposal of 45,000 shares at an average price of $59.4997 each on October 15, 2026. This sale occurred alongside Smith's purchase of an equivalent amount of shares via stock options, exercised at $8.9 per share. Despite StoneX's 42% year-to-date gain, the company's stock is currently trading near $59.92, down from its 52-week high of $94.66. The trade comes amid a mixed financial performance from StoneX in its third-quarter fiscal 2026 earnings, where while revenue grew year-over-year, diluted earnings per share (EPS) fell short of analysts' expectations at $1.00 compared to the predicted $1.23. This discrepancy in EPS has prompted investor scrutiny despite the company's robust revenue growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}