MASTERSON ELLEN H 4

What Happened

• Ellen H. Masterson, a director of Westwood Holdings Group, was awarded 5,780 shares on April 30, 2026. The filing reports the shares were acquired at $0.00 (code A — grant/award), showing a reported acquisition value of $0. This is a compensation-related award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30
• Transaction type/code: Grant/Award (A)
• Shares acquired: 5,780
• Price reported: $0.00 per share; total reported value $0
• Form 4 filed: 2026-05-06 (appears to be after the typical 2-business-day reporting window)
• Shares owned after transaction: Not specified in the filing
• Footnotes/plan details: None provided on the Form 4 (no 10b5‑1, tax-withholding or sale noted)

Context

• Awards reported at $0 typically reflect compensation (e.g., restricted stock or RSU vesting) rather than a market purchase; such grants are common for directors and are part of pay/retention programs. They do not necessarily indicate the director is buying or selling based on stock outlook. The later filing date may be a reporting delay — investors may want to watch for any related disclosures (e.g., vesting schedule, tax-related withholdings, or subsequent sales).