STOCK TITAN

SEACOR Marine (NYSE: SMHI) holder invests $12.7M, presses board on sale options

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

SEACOR Marine Holdings Inc. attracted a significant new investor position from Jorey Chernett, who filed a Schedule 13D. Chernett, a private investor, beneficially owns 1,946,963 shares of SEACOR Marine common stock, representing approximately 7.19% of the 27,062,277 shares outstanding as of April 24, 2026. The shares were acquired in private transactions using personal funds totaling $12,717,562.

Chernett believes the stock was undervalued when purchased and reserves flexibility to buy more, sell shares, or hedge the position. On June 22, 2026, he sent a letter to the company’s board urging them to explore strategic alternatives, including a possible sale of the company or monetization of its assets, to address what he views as a significant discount between the share price and the estimated net asset value of the fleet.

Positive

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Negative

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Insights

Large 7.19% stake with activist-style engagement could influence SEACOR Marine’s strategic direction.

Investor Jorey Chernett has disclosed beneficial ownership of 1,946,963 SEACOR Marine shares, or about 7.19% of the company, acquired with personal funds of $12,717,562. This moves his position from passive-style Schedule 13G reporting to a more engaged Schedule 13D status.

The filing notes he may increase or decrease holdings and use open-market trades, private deals, or hedging. Importantly, on June 22, 2026 he sent a letter urging the board to explore strategic alternatives, including a company sale or asset monetization, citing a discount to estimated fleet net asset value.

Such engagement can affect expectations around capital allocation and corporate actions, though outcomes depend on the board’s response and Chernett’s future trading or communication choices. Subsequent company filings and any public responses to the June 22, 2026 letter will clarify how this relationship develops.

Shares beneficially owned 1,946,963 shares Beneficial ownership as of June 22, 2026
Ownership percentage 7.19% Percent of SEACOR Marine common stock class
Shares outstanding 27,062,277 shares Shares outstanding as of April 24, 2026
Investment amount $12,717,562 Personal funds used to acquire 1,946,963 shares
Event date June 22, 2026 Date of event triggering Schedule 13D
Sole voting power 1,946,963 shares Shares over which Chernett has sole voting power
Sole dispositive power 1,946,963 shares Shares over which Chernett has sole dispositive power
Schedule 13D regulatory
"This represents the initial statement on filed by the Reporting Person..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"As of the close of business on June 22, 2026, the Reporting Person beneficially owned 1,946,963 Shares."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
strategic alternatives financial
"urging the Board to explore strategic alternatives, including an outright sale of the Company..."
Strategic alternatives are different options a company considers to improve its value or achieve its goals, such as selling the business, merging with another company, or restructuring operations. For investors, understanding these options is important because they can significantly impact the company's future direction and its stock value, often signaling potential changes or opportunities.
net asset value financial
"to address the significant discount between the Company's current stock price and the estimated net asset value of its fleet."
Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.
short selling financial
"engaging in short selling of or any hedging or similar transaction with respect to the Shares..."
An investing strategy where someone borrows shares and sells them now, planning to buy them back later at a lower price to return to the lender, pocketing the difference; if the price rises instead, the borrower loses money. Think of it like borrowing a book to sell today and hoping you can repurchase it cheaper later. Short selling matters because it lets investors bet against overvalued stocks, can add market liquidity and price discovery, but it also increases volatility and carries the risk of large or unlimited losses.
dispositive power financial
"Sole Dispositive Power 1,946,963.00 10 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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78413P101

(CUSIP Number)
Jorey Chernett
6222 Indianwood Tr.,
Bloomfield Hills, MI, 48301
(248) 469-8811

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/22/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Chernett Jorey
Signature:/s/ Jorey Chernett
Name/Title:Jorey Chernett
Date:06/22/2026