Susan M. Byrne trims WESTWOOD (NYSE: WHG) stake with 2,538-share sale

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

WESTWOOD HOLDINGS GROUP INC Director Emerita Susan M. Byrne reported open-market sales of company common stock over four days. She sold a total of 2,538 shares at prices around $16 per share, and now directly holds 287,867 shares of WHG common stock following these transactions.

Insider Trade Summary 10b5-1

Net Seller: 2,538 shares ($40,803)

Net Sell 4 txns

Insider BYRNE SUSAN M

Role null

Sold 2,538 shs ($41K)

Type	Security	Shares	Price	Value
Sale	common stock	600	$16.1733	$10K
Sale	common stock	1,000	$16.062	$16K
Sale	common stock	260	$16.0923	$4K
Sale	common stock	678	$16.0071	$11K

Holdings After Transaction: common stock — 287,867 shares (Direct, null)

Footnotes (1)

The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.00 to $16.02. 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 $16.00 to $16.24. 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 $16.00 to $16.10. 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 $16.00 to $16.32. The reporting person will provide detailed information regarding such transactions upon request.

Key Figures

Total shares sold: 2,538 shares Shares sold on May 5, 2026: 678 shares Shares sold on May 6, 2026: 260 shares +3 more

6 metrics

Total shares sold 2,538 shares Net open-market sales across four transactions

Shares sold on May 5, 2026 678 shares Open-market sale at $16.0071 per share

Shares sold on May 6, 2026 260 shares Open-market sale at $16.0923 per share

Shares sold on May 7, 2026 1,000 shares Open-market sale at $16.0620 per share

Shares sold on May 8, 2026 600 shares Open-market sale at $16.1733 per share

Post-transaction holdings 287,867 shares Direct WHG common stock after latest sale

Key Terms

open-market sale, weighted average sale price, common stock, non-derivative

4 terms

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.

weighted average sale price financial

"The reported price reflects the weighted average sale price for shares"

common stock financial

"security_title": "common stock""

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.

non-derivative financial

"transaction_type": "non-derivative""

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:45 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)
05/05/2026

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	05/05/2026		S		678⁽¹⁾	D	$16.0071	289,727	D
common stock	05/06/2026		S		260⁽²⁾	D	$16.0923	289,467	D
common stock	05/07/2026		S		1,000⁽³⁾	D	$16.062	288,467	D
common stock	05/08/2026		S		600⁽⁴⁾	D	$16.1733	287,867	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 $16.00 to $16.02. 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 $16.00 to $16.24. 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 $16.00 to $16.10. 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 $16.00 to $16.32. 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	05/08/2026
	** 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

How many WESTWOOD HOLDINGS GROUP (WHG) shares did Susan M. Byrne sell?

Susan M. Byrne sold a total of 2,538 WHG common shares. These were executed as four separate open-market sales on different days, as shown in the Form 4 filing’s non-derivative transaction table and summarized in the net-sell transaction totals.

Over what dates did Susan M. Byrne sell WHG shares?

The sales occurred on four consecutive days: May 5, 6, 7, and 8, 2026. Each day’s transaction is listed separately in the Form 4, with its own share amount, weighted average sale price, and updated post-transaction share balance.

What prices did Susan M. Byrne receive for the WHG shares sold?

The reported sale prices were weighted averages around $16 per share. Individual transactions show average prices of $16.0071, $16.0923, $16.0620, and $16.1733, with footnotes noting actual trade prices ranged from $16.00 to as high as $16.32.

How many WHG shares does Susan M. Byrne hold after these sales?

After the reported open-market sales, Susan M. Byrne directly holds 287,867 WHG common shares. This post-transaction holding is shown in the Form 4 for the most recent transaction date, reflecting her remaining direct ownership position in the company.

What type of transactions did Susan M. Byrne report in the WHG Form 4?

All reported transactions are non-derivative open-market sales of WHG common stock. The filing classifies each with transaction code “S” and describes them as sales in open market or private transactions, with no accompanying derivative exercises or tax-withholding entries.

Does the WHG Form 4 show any remaining options or derivatives for Susan M. Byrne?

The Form 4’s derivative summary is empty, indicating no derivative transactions reported in this filing. Only common stock sales are listed, and there are no remaining option or other derivative positions disclosed in the provided derivative section.