Rossmiller Gregory Scott 4
Research Summary
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SEACOR Marine (SMHI) SVP Gregory Scott Rossmiller Receives Awards
What Happened
- Gregory Scott Rossmiller, SVP and CAO of SEACOR Marine Holdings, was granted two awards on Feb 27, 2026: 34,215 restricted shares (restricted stock award) and 16,420 Performance Restricted Stock Units (PRSUs). Both grants were reported at $0.00 per share (compensation awards), for a combined 50,635 units.
Key Details
- Transaction date: February 27, 2026; reported on Form 4 filed March 2, 2026 (appears to be a timely filing).
- Grant prices: $0.00 per share for both the restricted stock and the PRSUs.
- Shares owned after transaction: not disclosed in this filing.
- Vesting/settlement notes:
- Restricted stock (34,215 shares) will lapse (vest) in five equal annual installments beginning March 4, 2027 and ending March 4, 2031. (Footnote F1)
- PRSUs (16,420) are contingent rights to receive one share per PRSU only if both performance and service conditions are met. (Footnote F2)
- PRSUs are divided into five equal tranches, each earned only if the closing stock price meets the tranche threshold for 60 consecutive trading days during the three-year performance period after grant; tranche thresholds are $7.67, $8.52, $9.38, $10.23 and $11.08. Any earned PRSUs will not be settled until the third anniversary of the grant date and remain subject to service-based vesting. (Footnote F3)
Context
- These are compensation awards (not open-market purchases or sales). The restricted stock provides time-based retention; the PRSUs are performance-based and will convert to shares only if specific stock-price hurdles and service requirements are met. The reported $0 grant price reflects that these are stock awards, not cash purchases; the eventual value to the insider depends on future stock performance and vesting/settlement conditions.