Gellert John M 4

What Happened

• John M. Gellert, President & CEO and a director of SEACOR Marine Holdings, was granted 87,965 restricted shares and 42,220 performance-based restricted stock units (PRSUs) on February 27, 2026. Both grants were reported at $0.00 per share (no cash paid).

Key Details

• Transaction date: 2026-02-27. Reported price: $0.00; reported cash value: $0.
• Award types: 87,965 restricted stock award (time-based) and 42,220 PRSUs (derivative, performance‑contingent).
• Restricted stock vesting: lapses in five equal annual installments beginning March 4, 2027 and ending March 4, 2031. (Footnote F1)
• PRSU terms: each PRSU converts to one share only if performance and service conditions are met (contingent on stock-price hurdles); five equal tranches with price targets of $7.67, $8.52, $9.38, $10.23 and $11.08 per share, each requiring 60 consecutive trading days at or above the tranche price during the three‑year performance period. Any earned PRSUs won’t be settled until the third anniversary of the grant date, subject to service vesting. (Footnotes F6–F7)
• Indirect ownership/roles: some reported holdings are held indirectly through entities the Reporting Person manages (JMG Assets, LLC; JMG GST LLC; MCG Assets, LLC) and via a family trust; the filing includes disclaimers of beneficial ownership except to the extent of pecuniary interest. (Footnotes F2–F5)
• Shares owned after the reported transaction were not specified in the Form 4 filing.
• No late‑filing indication was provided in the filing metadata.

Context

• This is an award/grant (not an open‑market buy or sale). Restricted shares and PRSUs are common executive compensation tools tying pay to continued service and stock performance; PRSUs are contingent and will only convert to stock if specified performance goals and service terms are met. This filing is informational and does not, by itself, indicate the insider’s personal trading intent.