4Filed Sep 3, 8:00 PM ET
SEACOR Marine CFO Jesus Llorca Exercises Options, Sells Shares
$SMHI · SEACOR Marine Holdings Inc.Research Summary
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SEACOR Marine CFO Jesus Llorca Exercises Options, Sells Shares
What Happened Jesus Llorca, EVP & CFO of SEACOR Marine Holdings, exercised 2,100 stock options and completed related transactions on 2026-09-02. He acquired 2,100 shares by exercising options at $4.39 per share (total cash paid $9,219). The filing also shows 2,100 shares disposed at $0 (likely shares surrendered/withheld in connection with the exercise) and an open-market sale of 4,000 shares at $10.00 each for $40,000. Both the exercise and the sale were executed automatically under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-09-02; Form 4 filed 2026-09-04.
- Option exercise: 2,100 shares exercised at $4.39 → total $9,219 (acquired).
- Shares surrendered/withheld: 2,100 shares disposed at $0 (derivative settlement/withholding).
- Open-market sale: 4,000 shares sold at $10.00 → proceeds $40,000.
- Shares owned after transaction: not disclosed in the provided summary (see Form 4 for post-transaction holdings).
- Footnotes: F1/F2 — exercise and sale occurred automatically under a Rule 10b5-1 plan adopted March 12, 2026. F3 — options originally vested in three equal installments on Mar 4, 2021/2022/2023.
- Timeliness: Filing covers 9/2/2026 activity and was filed on 9/4/2026 (no late-filing flag shown in this summary).
Context
- The filings indicate an option exercise plus an open-market sale executed under a 10b5-1 plan. The 2,100 shares listed as disposed at $0 most likely reflect shares withheld or surrendered to cover exercise costs/taxes (a common settlement method), while a separate 4,000-share block was sold for cash.
- Purchases (buys) can be a stronger bullish signal than routine sales; this report shows a mix of an option exercise (acquisition of shares) and an ordinary sale under a pre-set plan, not an ad hoc insider trade. For full details and exact post-transaction holdings, consult the Form 4 filing (accession 0001193125-26-383738).