SEACOR Marine (SMHI) General Counsel Everett Andrew H II Sells Shares
$SMHI · SEACOR Marine Holdings Inc.Research Summary
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SEACOR Marine (SMHI) General Counsel Everett Andrew H II Sells Shares
What Happened
Everett Andrew H II, Senior Vice President, General Counsel & Secretary of SEACOR Marine Holdings, sold a total of 6,131 common shares in open‑market transactions. On Aug 3, 2026 he sold 5,113 shares at a reported weighted average price of $9.52 for proceeds of $48,676; on Aug 4, 2026 he sold 1,018 shares at a reported weighted average price of $9.56 for proceeds of $9,732. Both sales were reported on a Form 4 filed Aug 4, 2026.
Key Details
- Transaction dates: Aug 3, 2026 (5,113 shares) and Aug 4, 2026 (1,018 shares).
- Reported weighted average prices: $9.52 (Aug 3) and $9.56 (Aug 4); total proceeds ≈ $58,408.
- Footnotes note price ranges for the multiple executions: Aug 3 trades ranged $9.50–$9.57; Aug 4 trades ranged $9.50–$9.63. The filer can provide per‑price breakdown on request.
- Both sales occurred automatically pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on March 9, 2026.
- Filing: Form 4 filed Aug 4, 2026 for activity through Aug 3–4, 2026 (filed the next day based on provided dates).
- Shares owned after the transactions: not included in the provided filing excerpt.
Context
These were open‑market sales executed under a prearranged Rule 10b5‑1 plan (an automatic trading plan). Such sales are commonly routine and governed by the plan’s parameters rather than reflecting new insider views; the Form 4 discloses the mechanics and price ranges but does not state the insider’s motive.