Insider at SEACOR Marine (NYSE: SMHI) sells 9,435 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
SEACOR Marine Holdings Inc. senior vice president, general counsel and secretary Andrew H. Everett II sold 9,435 shares of Common Stock in an open-market transaction. The shares were sold at a weighted average price of $8.02 per share, with individual trade prices ranging from $8.00 to $8.17.
Following this sale, he directly holds 284,160 shares of SEACOR Marine Common Stock. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2026, indicating the sale was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,435 shares
Net Sell
1 txn
Insider
Everett Andrew H II
Role
Sr. VP, General Counsel & Secy
Sold
9,435 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,435 | $8.02 | $76K |
Holdings After Transaction:
Common Stock — 284,160 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2. The reported sale of 9,435 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 9, 2026.
Key Figures
Shares sold: 9,435 shares
Weighted average sale price: $8.02 per share
Sale price range: $8.00–$8.17 per share
+2 more
5 metrics
Shares sold
9,435 shares
Open-market sale on 2026-06-23
Weighted average sale price
$8.02 per share
Common Stock sale range $8.00–$8.17
Sale price range
$8.00–$8.17 per share
Multiple trades within this range
Shares held after transaction
284,160 shares
Direct holdings following sale
Net shares sold
9,435 shares
Net-sell direction in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported sale of 9,435 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 9, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
"transactionSummary shows netBuySellDirection: "net-sell""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SEACOR Marine (SMHI) report in this Form 4?
SEACOR Marine reported that senior vice president and general counsel Andrew H. Everett II sold 9,435 shares of Common Stock. The sale was an open-market transaction executed at a weighted average price of $8.02 per share, within a disclosed price range.
Was the SEACOR Marine (SMHI) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sale of 9,435 shares occurred automatically pursuant to a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on March 9, 2026, indicating the disposition was pre-arranged rather than opportunistic.
Who is the SEACOR Marine (SMHI) insider involved in this Form 4 transaction?
The insider is Andrew H. Everett II, who serves as senior vice president, general counsel and secretary of SEACOR Marine Holdings Inc. He executed an open-market sale of 9,435 Common Stock shares and continues to hold 284,160 shares directly afterward.