SEACOR Marine (SMHI) General Counsel Everett Andrew H II Sells 4,116 Shares
$SMHI · SEACOR Marine Holdings Inc.Research Summary
AI-generated summary of this SEC filing
SEACOR Marine (SMHI) General Counsel Everett Andrew H II Sells 4,116 Shares
What Happened
Everett Andrew H II, Senior Vice President, General Counsel & Secretary of SEACOR Marine Holdings, sold 4,116 shares of SMHI on 2026-09-02 at $10.00 per share, generating proceeds of $41,160. The transaction is a sale (S), which is often routine for insiders and does not by itself indicate a change in company outlook.
Key Details
- Transaction date and price: 2026-09-02, 4,116 shares at $10.00 each.
- Total proceeds: $41,160.
- Shares owned after transaction: not specified in the reported details.
- Filing: Reported on 2026-09-04 for a 2026-09-02 transaction — appears timely (Form 4 must be filed within two business days).
- Footnote: The sale occurred automatically under a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2026 (per footnote F1).
Context
The sale was executed under a pre-established 10b5-1 plan, which generally means the trades were automatic and pre-planned rather than opportunistic. The transaction value ($41K) is modest by insider-trade standards; purchases typically signal stronger positive sentiment, while routine sales under planned programs are common and not necessarily indicative of management's current view.