Everett Andrew H II 4

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.