Everett Andrew H II 4
4 · SEACOR Marine Holdings Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
SEACOR Marine (SMHI) GC Everett H II Receives 3,984 Shares; 2,038 Withheld
What Happened
Everett H II, Senior Vice President, General Counsel & Secretary of SEACOR Marine Holdings (SMHI), had 3,984 performance restricted stock units (PRSUs) convert into 3,984 shares on 2026-03-07. To cover tax withholding, 2,038 of those shares were surrendered at a withholding value of $7.31 per share, totaling $14,898. The net shares issued to him from this vesting were 1,946 (3,984 issued − 2,038 withheld). This was an award vesting with share withholding for taxes — not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-07; Form 4 filed 2026-03-10 (timely filing).
- Conversion/exercise code: M (conversion of derivative/vesting of PRSUs). Tax withholding code: F (shares withheld to satisfy tax withholding).
- Shares issued on vesting: 3,984; shares surrendered for taxes: 2,038 at $7.31/share = $14,898. Net shares issued to insider: 1,946.
- Footnotes: F1 — PRSUs convert one-for-one into common shares. F2 — These shares represent one tranche (3,984 shares) of a 19,920 PRSU grant from 3/7/23; one tranche met price and service conditions and vested, the remaining PRSUs were forfeited.
- Total beneficial ownership after the transaction was not specified in the excerpt of the filing provided.
Context and investor takeaways:
- This is a routine award vesting with shares withheld for tax obligations (a net settlement), not an active market sale or buy. Such transactions generally reflect compensation realization rather than a direct signal of insider buying or selling intent.
- Transaction codes: M = exercise/conversion of derivative (here, PRSU vesting); F = payment of tax liability by surrender/withholding of shares.
Insider Transaction Report
Form 4
Everett Andrew H II
Sr. VP, General Counsel & Secy
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-07+3,984→ 295,633 total - Tax Payment
Common Stock
2026-03-07$7.31/sh−2,038$14,898→ 293,595 total - Exercise/Conversion
Performance Restricted Stock Units
[F1][F2]2026-03-07−3,984→ 0 totalFrom: 2026-03-07Exp: 2026-03-07→ Common Stock (3,984 underlying)
Footnotes (2)
- [F1]Performance restricted stock units ("PRSUs") convert into shares of Common Stock on a one-for-one basis.
- [F2]On 3/7/23, the Reporting Person was granted 19,920 PRSUs ("2023 PRSUs") consisting of five equal tranches, each of which would be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs would not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche were $11.61, $13.21, $14.91, $16.62 and $18.22, respectively. The service-based vesting requirements and one of the specified stock price performance goals were satisfied during the performance period ending 3/7/26, and the shares of Common Stock were issued at such date with respect to one tranche of the 2023 PRSUs. The remaining 2023 PRSUs were forfeited.
Signature
/s/ Andrew H. Everett II|2026-03-10