Westwood (NYSE: WHG) Director Emerita Byrne sells 4,756 company shares in open market

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

WESTWOOD HOLDINGS GROUP INC insider activity: Director Emerita Susan M. Byrne reported selling a total of 4,756 shares of common stock in three open-market sales on May 26, 27 and 28. Reported weighted average sale prices were about $16.21–$16.37 per share across these trades.

After the transactions, Byrne directly holds 278,674 shares of Westwood common stock. The prices disclosed are weighted averages for multiple trades within each day’s price range, and detailed per-trade information is available from the reporting person upon request.

Insider Trade Summary 10b5-1

Net Seller: 4,756 shares ($77,395)

Net Sell 3 txns

Insider BYRNE SUSAN M

Role null

Sold 4,756 shs ($77K)

Type	Security	Shares	Price	Value
Sale	common stock	2,028	$16.3665	$33K
Sale	common stock	1,062	$16.1999	$17K
Sale	common stock	1,666	$16.2059	$27K

Holdings After Transaction: common stock — 278,674 shares (Direct, null)

Footnotes (1)

The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.03 to $16.395. The reporting person will provide detailed information regarding such transactions upon request. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.07 to $16.28. The reporting person will provide detailed information regarding such transactions upon request. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.16 to $16.50. The reporting person will provide detailed information regarding such transactions upon request.

Key Figures

Total shares sold: 4,756 shares Shares sold on May 26: 1,666 shares Shares sold on May 27: 1,062 shares +5 more

8 metrics

Total shares sold 4,756 shares Common stock sold across three open-market transactions

Shares sold on May 26 1,666 shares Open-market sale of common stock at $16.2059 per share

Shares sold on May 27 1,062 shares Open-market sale of common stock at $16.1999 per share

Shares sold on May 28 2,028 shares Open-market sale of common stock at $16.3665 per share

Holdings after transactions 278,674 shares Direct ownership of Westwood common stock following final sale

Price range May 26 $16.16–$16.50 Weighted average sale price based on multiple trades that day

Price range May 27 $16.07–$16.28 Weighted average sale price based on multiple trades that day

Price range May 28 $16.03–$16.395 Weighted average sale price based on multiple trades that day

Key Terms

open-market sale, weighted average sale price, common stock, Director Emerita

4 terms

open-market sale financial

"transaction_action: "open-market sale" for each common stock transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sale price financial

"The reported price reflects the weighted average sale price for shares sold in multiple transactions"

common stock financial

"security_title: "common stock" for all reported transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Director Emerita financial

"other: "Director Emerita" describing the reporting person’s relationship to the issuer"

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Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 04:32 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

BYRNE SUSAN M

(Last)

(First)

(Middle)

200 CRESCENT COURT

SUITE 1200

(Street)

DALLAS

TEXAS

75201

(City)

(State)

(Zip)

UNITED STATES

(Country)

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
Officer (give title below)	X	Other (specify below)
		Director Emerita

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
common stock	05/26/2026		S		1,666	D	$16.2059⁽¹⁾	281,764	D
common stock	05/27/2026		S		1,062	D	$16.1999⁽²⁾	280,702	D
common stock	05/28/2026		S		2,028	D	$16.3665⁽³⁾	278,674	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.03 to $16.395. The reporting person will provide detailed information regarding such transactions upon request.

2. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.07 to $16.28. The reporting person will provide detailed information regarding such transactions upon request.

3. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.16 to $16.50. The reporting person will provide detailed information regarding such transactions upon request.

Remarks:

The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 4/1/2026.

	Jonathan Richard Nahhat, as attorney-in-fact	05/28/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Susan M. Byrne report for WESTWOOD HOLDINGS GROUP INC (WHG)?

Susan M. Byrne reported three open-market sales of WESTWOOD common stock, totaling 4,756 shares. The trades occurred on May 26, 27 and 28 as disclosed in the Form 4 insider filing.

How many WESTWOOD (WHG) shares does Susan M. Byrne hold after these Form 4 sales?

After the reported sales, Susan M. Byrne directly holds 278,674 shares of WESTWOOD common stock. This figure reflects her position immediately following the final transaction disclosed in the Form 4 filing.

At what prices did Susan M. Byrne sell WESTWOOD (WHG) shares in the latest Form 4?

The reported weighted average sale prices were $16.2059, $16.1999, and $16.3665 per share. Each price represents an average for multiple trades executed within the stated intraday price ranges.

Over what dates did the recent WESTWOOD (WHG) insider sales by Susan M. Byrne occur?

The insider sales took place on May 26, May 27 and May 28. Each date involved a separate open-market sale of WESTWOOD common stock, as detailed in the Form 4 transactions table.

How many WESTWOOD (WHG) shares did Susan M. Byrne sell in total in this Form 4?

She sold a total of 4,756 shares of WESTWOOD common stock. This total reflects three separate open-market sale transactions reported for May 26, 27 and 28.

What do the weighted average prices mean in Susan M. Byrne’s WESTWOOD (WHG) Form 4 filing?

The weighted average prices represent the average sale price across multiple trades executed that day. Actual trade prices ranged within specific bands, and detailed per-trade data is available from the reporting person upon request.