SEACOR Marine (NYSE: SMHI) SVP executes 19,271-share sale under 10b5-1 plan
Rhea-AI Filing Summary
SEACOR Marine Holdings Inc. executive Gregory Scott Rossmiller, the SVP & CAO, reported open-market sales of company common stock. He sold 9,670 shares on June 15, 2026 at a weighted average price of $7.27 per share and 9,601 shares on June 16, 2026 at a weighted average price of $7.17 per share. Both transactions were executed automatically under a Rule 10b5-1 trading plan adopted on March 13, 2026. Following these sales, he directly holds 275,470 shares of SEACOR Marine common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,601 | $7.17 | $69K |
| Sale | Common Stock | 9,670 | $7.27 | $70K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.215 to $7.49, 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 ranges set forth in this footnote to this Form 4. The reported sale of 9,670 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.06 to $7.22, 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 ranges set forth in this footnote to this Form 4. The reported sale of 9,601 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
open-market sale financial
Common Stock financial
Form 4 regulatory
FAQ
What insider transaction did SEACOR Marine (SMHI) report for Gregory Scott Rossmiller?
SEACOR Marine reported that SVP & CAO Gregory Scott Rossmiller sold 19,271 common shares in two open-market transactions. These sales occurred on June 15 and June 16, 2026, and were executed automatically under a pre-established Rule 10b5-1 trading plan adopted earlier in March 2026.
Were the SEACOR Marine (SMHI) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that both the 9,670-share sale and the 9,601-share sale occurred automatically under a Rule 10b5-1 trading plan. Rossmiller adopted this plan on March 13, 2026, indicating the transactions were pre-scheduled rather than discretionary market-timing decisions.
What price ranges applied to the SEACOR Marine (SMHI) insider stock sales?
The June 15, 2026 sale had individual trade prices ranging from $7.215 to $7.49, while the June 16, 2026 sale ranged from $7.06 to $7.22. Reported prices in the Form 4 are weighted averages across multiple trades within those specified ranges.