SEACOR Marine (SMHI) SVP & CAO uses 24,933 shares for tax withholding
Rhea-AI Filing Summary
SEACOR Marine Holdings Inc. senior vice president and chief accounting officer Gregory Scott Rossmiller reported a tax-related share disposition. On this Form 4, he delivered 24,933 shares of common stock at a price of $7.63 per share to cover tax withholding obligations, rather than selling shares in an open-market transaction. After this tax-withholding disposition, he continued to hold 292,486 shares of SEACOR Marine common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,933 shares
Net Sell
1 txn
Insider
Rossmiller Gregory Scott
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 24,933 | $7.63 | $190K |
Holdings After Transaction:
Common Stock — 292,486 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SMHI executive Gregory Scott Rossmiller report?
Gregory Scott Rossmiller reported a tax-related share disposition. He delivered 24,933 shares of SEACOR Marine common stock to satisfy tax withholding obligations, rather than executing an open-market sale, and continued to directly own a substantial remaining stake afterward.
What does transaction code “F” mean in the SMHI Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, Rossmiller delivered SEACOR Marine shares to satisfy tax withholding obligations tied to equity compensation, not as a discretionary buy or sell in the market.
What is Gregory Scott Rossmiller’s role at SEACOR Marine Holdings Inc. (SMHI)?
Gregory Scott Rossmiller serves as senior vice president and chief accounting officer at SEACOR Marine Holdings Inc. His Form 4 filing reflects an executive-level insider transaction related to tax withholding on equity compensation, not a typical market stock trade.