CFO of SEACOR Marine (NYSE: SMHI) sells 16,110 shares under plan
Rhea-AI Filing Summary
SEACOR Marine Holdings EVP & CFO Jesus Llorca reported open-market sales of a total of 16,110 shares of common stock. He sold 14,461 shares on June 29, 2026 at a weighted average price of about $8.03 and 1,649 shares on June 30, 2026 at about $8.02. Both sales occurred automatically under a Rule 10b5-1 trading plan adopted on March 12, 2026, and he now directly holds 495,757 shares.
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Insider Trade Summary 10b5-1
Net Seller: 16,110 shares ($129,347)
Net Sell
2 txns
Insider
Llorca Jesus
Role
EVP & CFO
Sold
16,110 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,649 | $8.02 | $13K |
| Sale | Common Stock | 14,461 | $8.03 | $116K |
Holdings After Transaction:
Common Stock — 495,757 shares (Direct)
Footnotes (1)
- 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 $8.16, 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. The reported sale of 14,461 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026. 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 $8.09, 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. The reported sale of 1,649 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026.
Key Figures
Shares sold June 29, 2026: 14,461 shares
Price June 29, 2026: $8.03 per share
Shares sold June 30, 2026: 1,649 shares
+4 more
7 metrics
Shares sold June 29, 2026
14,461 shares
Open-market sale of common stock
Price June 29, 2026
$8.03 per share
Weighted average sale price
Shares sold June 30, 2026
1,649 shares
Open-market sale of common stock
Price June 30, 2026
$8.02 per share
Weighted average sale price
Total shares sold
16,110 shares
Net shares sold across two transactions
Shares held after transactions
495,757 shares
Direct ownership following sales
Trading plan adoption date
March 12, 2026
Rule 10b5-1 plan governing the sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The reported sale of 14,461 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted..."
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. These shares were sold in multiple transactions..."
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.
Form 4 regulatory
"within the range set forth in this footnote to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SEACOR Marine (SMHI) report for Jesus Llorca?
SEACOR Marine reported that EVP & CFO Jesus Llorca sold 16,110 shares of common stock in two open-market transactions. These sales were executed under a pre-arranged Rule 10b5-1 trading plan and reflect scheduled portfolio activity rather than a discretionary one-time trade.
What does weighted average price mean in the SEACOR Marine (SMHI) Form 4?
The Form 4 notes that the reported prices are weighted average prices for multiple trades executed between specified ranges. For example, some shares traded between $8.00 and $8.16. The insider offers to provide full trade-by-trade details to the company, shareholders, or SEC staff upon request.