SEACOR Marine (NYSE: SMHI) SVP receives stock and 16,420 performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rossmiller Gregory Scott reported acquisition or exercise transactions in this Form 4 filing.
SEACOR Marine Holdings Inc. SVP & CAO Gregory Scott Rossmiller reported receiving equity awards on February 27, 2026. He was granted 34,215 shares of common stock, increasing his direct common share holdings to 317,419, and 16,420 Performance Restricted Stock Units at no cash cost.
The restricted stock vests in five equal annual installments from March 4, 2027 through March 4, 2031. The 16,420 performance units are split into five tranches that can be earned only if specified stock price targets between $7.67 and $11.08 are met for 60 consecutive trading days within a three-year performance period and service-based conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rossmiller Gregory Scott
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units | 16,420 | $0.00 | -- |
| Grant/Award | Common Stock | 34,215 | $0.00 | -- |
Holdings After Transaction:
Performance Restricted Stock Units — 16,420 shares (Direct);
Common Stock — 317,419 shares (Direct)
Footnotes (1)
- The restricted stock award reported on this Form 4 will lapse in five equal annual installments beginning on March 4, 2027 and ending on March 4, 2031. Each Performance Restricted Stock Unit (each, a "PRSU") represents a contingent right to receive, at vesting, one share of Common Stock subject to the achievement of certain performance goals and service-based vesting requirements. These PRSUs consist of five equal tranches, each of which will be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs will not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche are $7.67, $8.52, $9.38, $10.23 and $11.08, respectively.
FAQ
What equity awards did SMHI executive Gregory Scott Rossmiller receive?
Gregory Scott Rossmiller received 34,215 shares of SEACOR Marine common stock and 16,420 Performance Restricted Stock Units. Both awards were granted at no cash cost as compensation, increasing his direct common stock holdings to 317,419 shares after the transaction.
How do the new Performance Restricted Stock Units for SMHI’s SVP work?
The 16,420 Performance Restricted Stock Units are split into five equal tranches and each represents a right to one share of common stock at vesting. They vest only if specific stock price goals and service-based conditions are met over a three-year performance period.
What stock price targets apply to SMHI’s new performance RSUs?
Each tranche of the Performance Restricted Stock Units has a stock price target: $7.67, $8.52, $9.38, $10.23, and $11.08. A tranche is earned if the closing price meets or exceeds its target for 60 consecutive trading days during the three-year performance period.
When will Gregory Scott Rossmiller’s restricted stock in SMHI vest?
The restricted stock award will vest in five equal annual installments. Vesting starts on March 4, 2027 and continues each year until March 4, 2031, assuming continued service and satisfaction of any applicable vesting conditions.