Llorca Jesus 4
Research Summary
AI-generated summary
SEACOR Marine (SMHI) CFO Jesus Llorca Sells Shares
What Happened
Jesus Llorca, Executive Vice President & Chief Financial Officer of SEACOR Marine Holdings (SMHI), sold a total of 26,395 shares in two open-market transactions for combined proceeds of about $207,024. On 2026-06-22 he sold 14,432 shares for $111,559 (weighted avg $7.73) and on 2026-06-23 he sold 11,963 shares for $95,465 (weighted avg $7.98). Both sales are reported as S (sale) transactions.
Key Details
- Transaction dates: 2026-06-22 (14,432 sh) and 2026-06-23 (11,963 sh).
- Reported weighted-average prices: $7.73 (22-Jun; price range $7.50–$7.95) and $7.98 (23-Jun; price range $7.75–$8.17). Detailed breakdown by price is available on request per the filing footnotes.
- Proceeds: $111,559 and $95,465; total ≈ $207,024.
- Execution method: Both sales occurred automatically under a Rule 10b5-1 trading plan adopted March 12, 2026 (footnotes F2 & F4).
- Shares owned after the transactions: Not disclosed in the excerpt provided.
- Filing timeliness: Form 4 was filed 2026-06-24 — this appears timely (within the usual 2-business-day window).
Context
These were routine sales executed under a pre-established 10b5-1 plan, which schedules trades in advance and can indicate the trades were not based on nonpublic information. Sales (S) are generally less informative than purchases for signaling insider confidence; this filing documents disposition of shares rather than an acquisition.