WESTWOOD HOLDINGS GROUP INC·4/A

Jul 1, 7:26 PM ET

BYRNE SUSAN M 4/A

Research Summary

AI-generated summary

Updated

Westwood (WHG) Director Emerita Susan Byrne Sells Shares

What Happened
Susan M. Byrne, Director Emerita of Westwood Holdings Group, sold a total of 12,557 shares in three open‑market transactions between June 26–30, 2026, for aggregate proceeds of about $247,812. The individual trades were: 4,274 shares on 2026‑06‑26 for $19.39/share ($82,856), 7,192 shares on 2026‑06‑29 for $20.03/share ($144,045), and 1,091 shares on 2026‑06‑30 for $19.17/share (~$20,911). The filing states the sales were effected under a Rule 10b5‑1 trading plan adopted 2026‑04‑01.

Key Details

  • Transaction dates & reported prices:
    • 2026‑06‑26: 4,274 shares at $19.39 — $82,856
    • 2026‑06‑29: 7,192 shares at $20.03 — $144,045 (amended from 7,129 shares)
    • 2026‑06‑30: 1,091 shares at $19.17 — $20,911
  • Total shares sold: 12,557; total proceeds: ≈ $247,812.
  • Filing status: This is an amended Form 4 correcting the June 29 quantity and updating reported beneficial ownership; no late‑filing flag is indicated.
  • Footnotes: The filing notes reported prices reflect weighted average sale prices across multiple executions (ranges disclosed in footnotes, e.g., roughly $18.23–$20.555).
  • Plan: Trades were made pursuant to a Rule 10b5‑1 trading plan adopted 4/1/2026.

Context
Sales made under a prearranged 10b5‑1 plan are typically scheduled in advance and are considered routine disposition activity; they do not necessarily indicate the insider’s current view of the company. The amendment corrects a previously reported share count and adjusts beneficial‑ownership figures in the filing. The Form 4 excerpt provided does not state the insider’s post‑sale total holdings, only that beneficial ownership was updated in the amendment.