BYRNE SUSAN M 4/A
Research Summary
AI-generated summary
Westwood (WHG) Director Emerita Susan Byrne Sells 2,944 Shares
What Happened
- Susan M. Byrne, Director Emerita of Westwood Holdings Group, sold a total of 2,944 shares in open-market transactions between June 17–22, 2026, generating approximately $53,883 in proceeds. The individual transactions reported are:
- 2026-06-17: 350 shares at $18.10 — $6,335 (disposed)
- 2026-06-18: 1,594 shares at $18.35 — $29,243 (disposed) [amended]
- 2026-06-22: 1,000 shares at $18.31 — $18,305 (disposed)
- These were sales (routine disposition) rather than purchases; the filing does not indicate any purchase activity.
Key Details
- Transaction dates/prices: Jun 17 ($18.10), Jun 18 ($18.35), Jun 22 ($18.31). Footnotes note weighted-average prices across multiple executions (price ranges shown in footnotes F1, F3, F4).
- Total shares sold: 2,944; total proceeds ≈ $53,883.
- Shares owned after transaction: Not provided in this amended Form 4 (refer to the full filing for holdings details).
- Amendment: This is an amended Form 4 filed 2026-07-01 to correct the June 18 sale from 1,549 to 1,594 shares (Footnote F2).
- Trading plan: Transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted 2026-04-01 (not indicative of current sentiment).
- Timeliness: The filing is an amendment; check the original Form 4 filing date for timeliness. Amended filings correct prior reporting errors and do not by themselves indicate new trades.
Context
- 10b5‑1 plans allow insiders to execute pre-established trades at predetermined times; such sales are often routine and not necessarily a signal of management’s view of the company.
- No options, awards, gifts, or tax-withholding transactions are reported here — only open-market sales.