Llorca Jesus 4
Research Summary
AI-generated summary
SEACOR Marine (SMHI) CFO Jesus Llorca Sells 1,386 Shares
What Happened
Jesus Llorca, Executive Vice President & Chief Financial Officer of SEACOR Marine Holdings, sold 1,386 shares of SMHI stock on July 1, 2026. The shares were disposed at a weighted-average price of $8.01 per share (range $8.00–$8.04), for total proceeds of about $11,102. This was a sale (not a purchase) and was executed automatically under a pre-established trading plan.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 6, 2026.
- Transaction type/code: Sale (S) — open-market transactions reported as a weighted average price $8.01 (prices ranged $8.00–$8.04).
- Number of shares sold: 1,386; proceeds ≈ $11,102.
- Sold pursuant to a Rule 10b5-1 trading plan adopted March 12, 2026 (sale occurred automatically under that plan).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Form 4 was filed five days after the transaction date, which is longer than the typical 2-business-day SEC filing window for Form 4s (the filing therefore appears late).
Context
Sales executed under 10b5-1 plans are pre-arranged and often reflect automated compliance arrangements rather than a manager’s current view of the company; they are common and do not by themselves indicate a change in insider sentiment. For retail investors, purchases typically carry more positive informational weight than routine sales.