Llorca Jesus 4

What Happened

• Jesus Llorca, Executive Vice President & Chief Financial Officer of SEACOR Marine Holdings Inc. (SMHI), received equity awards on February 27, 2026: 70,865 restricted shares (acquired at $0) and 34,010 Performance Restricted Stock Units (PRSUs, derivative award, $0). These were grants (transaction code A) as part of compensation — not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-27; Form filed: 2026-03-02 (timely filing).
• Award amounts and price: 70,865 restricted stock shares @ $0; 34,010 PRSUs @ $0 (derivative).
• Shares owned after transaction: not disclosed in the provided filing.
• Vesting / settlement notes:
  • Restricted stock (70,865) lapses in five equal annual installments beginning March 4, 2027 and ending March 4, 2031. (Footnote F1)
  • Each PRSU represents a contingent right to one share at vesting, subject to performance and service conditions. (F2)
  • PRSUs are in five equal tranches earned only if SMHI’s closing stock price meets tranche thresholds ($7.67, $8.52, $9.38, $10.23, $11.08) for 60 consecutive trading days within the three-year performance period; any earned PRSUs aren’t settled until the third anniversary of the grant and remain subject to service vesting. (F3)
• Transaction type code: A = Award/Grant.

Context

• This is a compensation award to an executive (no cash paid) and is routine; awards align management with shareholder value but do not by themselves indicate insider buying or selling intent. PRSUs are contingent and will convert to shares only if performance and service conditions are met.