BYRNE SUSAN M 4

What Happened Susan M. Byrne, Director Emerita of Westwood Holdings Group, sold a total of 12,494 shares of WHG stock in three open-market transactions between 2026-06-26 and 2026-06-30. The individual sales were: 4,274 shares at $19.39 on 2026-06-26 ($82,856); 7,129 shares at $20.03 on 2026-06-29 ($142,783); and 1,091 shares at $19.17 on 2026-06-30 ($20,911). Total proceeds reported across the three transactions equal approximately $246,550. These were sales (not purchases), which are often routine dispositions rather than an explicit bullish signal.

Key Details

• Transaction dates and reported prices:
  • 2026-06-26: 4,274 shares sold @ $19.39 (reported; weighted-average per F1)
  • 2026-06-29: 7,129 shares sold @ $20.03 (reported; weighted-average per F2)
  • 2026-06-30: 1,091 shares sold @ $19.17 (reported; weighted-average per F3)
• Total shares sold: 12,494; total proceeds ≈ $246,550.
• Filing date / period: Form 4 filed 2026-06-30 (transactions cover 2026-06-26 to 2026-06-30). The filing as provided does not flag timeliness; the filing shows the trades were effected under a trading plan.
• Notable footnotes: Each reported price is a weighted-average reflecting multiple trades (price ranges: $18.23–$20.33; $19.05–$20.555; $19.01–$19.33). The filer will provide details on request.
• Plan/authorization: Transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Byrne on 2026-04-01.
• Shares owned after the transaction: Not stated in the information provided.

Context Sales made under 10b5-1 plans are prearranged trades that can be scheduled in advance and are commonly used by insiders to avoid potential insider-trading issues; they do not by themselves indicate management sentiment about the company. This report documents routine insider selling rather than a purchase or derivative exercise.