Everett Andrew H II 4
Research Summary
AI-generated summary
SEACOR (SMHI) Sr. VP & General Counsel Everett Andrew H II Sells 9,435 Shares
What Happened
Everett Andrew H II, Senior Vice President, General Counsel & Secretary of SEACOR Marine Holdings, sold 9,435 shares of SMHI on June 23, 2026. The weighted-average sale price reported was $8.02 per share for a total of approximately $75,669. The sale was executed automatically under a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-06-23 (reported on Form 4 filed 2026-06-24)
- Transaction type: Sale (open market / private sale) — Code S
- Shares sold: 9,435; weighted-average price: $8.02; total value: ~$75,669
- Price range: shares sold in multiple trades at prices from $8.00 to $8.17 (footnote)
- Plan detail: Sale occurred automatically under a Rule 10b5-1 plan adopted March 9, 2026 (footnote)
- Shares owned after transaction: Not disclosed on the provided summary of the Form 4
- Timeliness: Filed the day after the transaction (not reported as late)
Context
A Rule 10b5-1 plan allows insiders to set up pre-arranged trades; sales under these plans are generally automatic and routine, and do not by themselves indicate a change in the insider’s view of the company. For retail investors, purchases are typically more informative about insider conviction; routine sales like this are common and may serve liquidity or diversification purposes.