Westwood Holdings (WHG) executive has shares withheld for taxes

Rhea-AI Filing Summary

WESTWOOD HOLDINGS GROUP INC executive Matthew Lockridge, Head of U.S. Value Investing, reported a routine tax-related share disposition. On this Form 4/A, 5,379 shares of common stock were withheld at $16.22 per share to satisfy tax obligations. After this transaction, he directly holds 77,900 common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lockridge Matthew

(Last) (First) (Middle)

200 CRESCENT COURT

STE 1200

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WESTWOOD HOLDINGS GROUP INC [ WHG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head, U.S. Value Inv.

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common stock	02/23/2026		F		5,379	D	$16.22	77,900	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

This Form 4/A is being filed solely to correct the transaction code previously reported for the reported disposition. The 'Disposed of' transaction was incorrectly coded as 'S'. The correct transaction code is 'F' to reflect shares withheld to satisfy tax withholding obligations.

	Jonathan Richard Nahhat, as attorney-in-fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did WHG executive Matthew Lockridge report?

Matthew Lockridge reported a tax-related share disposition on common stock. On the Form 4/A, 5,379 shares were withheld to satisfy tax obligations, rather than sold in the open market, reflecting a routine administrative event tied to equity compensation.

How many WESTWOOD HOLDINGS GROUP (WHG) shares were withheld for taxes?

A total of 5,379 WESTWOOD HOLDINGS GROUP common shares were withheld. These shares were valued at $16.22 per share and used to cover tax liabilities, consistent with a tax-withholding disposition rather than an open-market sale of stock.

What price per share was used in Matthew Lockridge’s WHG tax-withholding transaction?

The tax-withholding disposition used a price of $16.22 per WESTWOOD common share. This price applies to the 5,379 shares delivered to cover tax obligations, as disclosed in the Form 4/A insider transaction details.

How many WHG shares does Matthew Lockridge own after this Form 4/A?

After the tax-withholding transaction, Matthew Lockridge directly holds 77,900 WESTWOOD HOLDINGS GROUP common shares. This figure reflects his remaining position following delivery of 5,379 shares to satisfy tax-related obligations, as reported in the amended Form 4 filing.

Was the WHG insider transaction a sale or a tax-withholding event?

The transaction was a tax-withholding event, not an open-market sale. Shares were delivered to pay the exercise price or related tax liability, consistent with a Form 4 code F disposition used for administrative tax settlement rather than discretionary selling.

What is Matthew Lockridge’s role at WESTWOOD HOLDINGS GROUP (WHG)?

Matthew Lockridge serves as an officer of WESTWOOD HOLDINGS GROUP, holding the title Head, U.S. Value Inv. His Form 4/A filing reflects activity in his personal holdings of company common stock connected to tax obligations from equity compensation.