Westwood Holdings director sells 8,465 shares

Westwood Holdings Group Director Emerita Susan M. Byrne reported open-market sales of 8,465 shares of common stock.

Accepted by SEC EDGAR 07/07/2026 - 07:32 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Westwood Holdings Group Director Emerita Susan M. Byrne reported open-market sales of 8,465 shares of common stock. The trades occurred on April 7, July 1, and July 2, 2026, at weighted average prices of $16.1273, $19.3530, and $19.8762 per share. After these transactions, she continues to hold 230,444 shares directly. The April 7 sale was made under a Rule 10b5-1 trading plan and was reported late due to an administrative oversight identified during a later reconciliation with the broker.

Insider Trade Summary 10b5-1

Net Seller: 8,465 shares

Net Sell 3 txns

Insider BYRNE SUSAN M

Role Insider

Sold 8,465 shs ($165K)

Type	Security	Shares	Price	Value
Sale	common stock	4,481	$19.8762	$89K
Sale	common stock	3,584	$19.353	$69K
Sale	common stock	400	$16.1273	$6K

Holdings After Transaction: common stock — 230,444 shares (Direct)

Footnotes (4)

1. F1. This transaction was effected on April 7, 2026 pursuant to a 10b5-1 trading plan and was identified during a subsequent reconciliation with the broker. Due to an administrative oversight, the transaction was not reported within the required time period.
2. F2. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.04 to $16.36. The reporting person will provide detailed information regarding such transactions upon request.
3. F3. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $19.07 to $19.72. The reporting person will provide detailed information regarding such transactions upon request.
4. F4. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $19.00 to $20.19. The reporting person will provide detailed information regarding such transactions upon request.

Key Figures

Total shares sold: 8,465 shares Shares sold on July 2, 2026: 4,481 shares at $19.8762/share Shares sold on July 1, 2026: 3,584 shares at $19.3530/share +2 more

5 metrics

Total shares sold 8,465 shares Net sales across three open-market transactions

Shares sold on July 2, 2026 4,481 shares at $19.8762/share Open-market sale of common stock

Shares sold on July 1, 2026 3,584 shares at $19.3530/share Open-market sale of common stock

Shares sold on April 7, 2026 400 shares at $16.1273/share Open-market sale under Rule 10b5-1 plan

Shares owned after transactions 230,444 shares Direct ownership following July 2, 2026 sale

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Form 4

4 terms

Rule 10b5-1 trading plan financial

"This transaction was effected on April 7, 2026 pursuant to a 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

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

open-market sale financial

"transaction_action: open-market sale"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Susan M. Byrne report for Westwood Holdings Group (WHG)?

Susan M. Byrne reported selling 8,465 shares of Westwood Holdings Group common stock in three open-market transactions. These occurred on April 7, July 1, and July 2, 2026, as disclosed in a Form 4 insider trading report filed with the SEC.

At what prices did Susan M. Byrne sell WHG shares in these Form 4 transactions?

She reported weighted average sale prices of $16.1273 per share on April 7, $19.3530 on July 1, and $19.8762 on July 2. Each price reflects multiple trades within specified intraday ranges, with detailed breakdowns available from the reporting person upon request.

How many Westwood Holdings Group (WHG) shares does Susan M. Byrne hold after the sales?

Following the latest reported sale, Susan M. Byrne directly holds 230,444 shares of Westwood Holdings Group common stock. This post-transaction balance reflects all three reported open-market sales, as summarized in the Form 4’s ownership information section.

Were Susan M. Byrne’s WHG stock sales under a Rule 10b5-1 trading plan?

The April 7, 2026 sale was executed under a Rule 10b5-1 trading plan. The filing notes this transaction was discovered in a later reconciliation with the broker and was reported late because of an administrative oversight, while still providing full transaction details.

Why was the April 7, 2026 WHG stock sale reported late on the Form 4?

The Form 4 explains the April 7 sale was identified during a subsequent reconciliation with the broker. Due to an administrative oversight, this Rule 10b5-1 plan trade was not reported within the required time period but is now fully disclosed in the filing.

What do the weighted average sale prices mean in Susan M. Byrne’s WHG filing?

Weighted average sale prices represent the average price across multiple trades executed within a price range on a single day. The filing states Byrne sold WHG shares in several transactions each day and will provide exact trade-level prices and volumes to interested parties upon request.

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

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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).

X

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)
04/07/2026

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)
			Code	V	Amount	(A) or (D)	Price
common stock	04/07/2026(1)		S		400	D	$16.1273(2)	238,509	D
common stock	07/01/2026		S		3,584	D	$19.353(3)	234,925	D
common stock	07/02/2026		S		4,481	D	$19.8762(4)	230,444	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:

1. This transaction was effected on April 7, 2026 pursuant to a 10b5-1 trading plan and was identified during a subsequent reconciliation with the broker. Due to an administrative oversight, the transaction was not reported within the required time period.

2. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.04 to $16.36. 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 $19.07 to $19.72. The reporting person will provide detailed information regarding such transactions upon request.

4. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $19.00 to $20.19. 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	07/07/2026
	** 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)