SEACOR Marine (SMHI) EVP/CFO Jesus Llorca Sells Shares

What Happened

• Jesus Llorca, EVP and CFO of SEACOR Marine Holdings, sold a total of 10,270 shares in open-market transactions across Aug 12–14, 2026. The reported trades: 2,840 shares at a weighted avg $9.76 ($27,718), 1,503 shares at $9.75 ($14,654), and 5,927 shares at $9.78 ($57,966), for combined proceeds of roughly $100,338. These were sales (not purchases).

Key Details

• Transaction dates and prices: Aug 12, 2026 — 2,840 shares @ weighted avg $9.76; Aug 13, 2026 — 1,503 shares @ $9.75; Aug 14, 2026 — 5,927 shares @ weighted avg $9.78. Footnotes note some trades were executed in multiple transactions with prices reported in ranges (overall reported ranges $9.75–$9.78 and up to $9.86 for certain lots).
• Method: All reported sales occurred automatically pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Llorca on March 12, 2026.
• Shares owned after transaction: Not stated in the provided filing.
• Filing timeliness: Form 4 was filed Aug 14, 2026 (covering transactions from Aug 12–14), and is reported as filed within the regular Form 4 timeframe.
• Disclosure note: The reporting person can provide a breakdown of the number of shares sold at each separate price within the ranges on request (per footnotes).

Context

• Sales executed under a Rule 10b5‑1 plan are pre‑arranged and automated, and are commonly used by insiders to sell regularly or to diversify holdings; they are routine and do not, by themselves, indicate the insider’s current view of the company. For retail investors, purchases typically carry more direct informational weight than planned sales.