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  4. [Form 4] WESTWOOD HOLDINGS GROUP INC Insider Trading Activity

Westwood (WHG) director emerita sells 1,732 shares in open-market trades

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Westwood Holdings Group insider Susan M. Byrne reported three open-market sales of common stock. Across the transactions, she sold a total of 1,732 shares at prices in the mid-$16 range. Following these sales, she continues to hold 295,012 shares of Westwood common stock directly.

The reported prices reflect weighted average sale prices for shares sold in multiple trades within stated intraday price ranges, and Byrne has indicated she will provide detailed trade information upon request.

Positive

  • None.

Negative

  • None.
Insider BYRNE SUSAN M
Role null
Sold 1,732 shs ($28K)
Type Security Shares Price Value
Sale common stock 532 $16.1669 $9K
Sale common stock 500 $16.6361 $8K
Sale common stock 700 $16.3576 $11K
Holdings After Transaction: common stock — 295,012 shares (Direct, null)
Footnotes (1)
  1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.08 to $16.65. 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 $16.55 to $16.93. 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 $16.03 to $16.61. The reporting person will provide detailed information regarding such transactions upon request.
Total shares sold 1,732 shares Aggregate open-market sales reported in this Form 4
Shares sold on April 17 700 shares at $16.3576 Open-market sale of common stock
Shares sold on April 20 500 shares at $16.6361 Open-market sale of common stock
Shares sold on April 21 532 shares at $16.1669 Open-market sale of common stock
Shares held after transactions 295,012 shares Direct ownership of Westwood common stock following sales
open-market sale financial
"Each transaction is described as an open-market sale of common stock."
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."
common stock financial
"All reported transactions involve Westwood Holdings Group 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.
direct ownership financial
"total_shares_following_transaction reflects Byrne’s direct ownership position."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
Officer (give title below)XOther (specify below)
Director Emerita
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
common stock04/17/2026S700D$16.3576(1)296,044D
common stock04/20/2026S500D$16.6361(2)295,544D
common stock04/21/2026S532D$16.1669(3)295,012D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.08 to $16.65. 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 $16.55 to $16.93. 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 $16.03 to $16.61. 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-fact04/21/2026
** Signature of Reporting PersonDate
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 transaction did Susan M. Byrne report for WHG?

Susan M. Byrne reported selling 1,732 shares of Westwood Holdings Group common stock in three open-market transactions. These trades occurred at weighted average prices in the mid-$16 range, and she retained direct ownership of 295,012 shares after the reported sales.

Over what dates did the reported WHG insider sales by Susan Byrne occur?

The reported Westwood Holdings Group insider sales by Susan M. Byrne occurred over three days: April 17, April 20, and April 21. Each day’s transaction was an open-market sale of common stock at a different weighted average price in the $16 range.

How many WHG shares does Susan Byrne hold after these Form 4 sales?

After the reported sales, Susan M. Byrne directly holds 295,012 shares of Westwood Holdings Group common stock. This figure comes from the most recent transaction entry and reflects her continuing direct ownership position following the three open-market sales disclosed.

At what prices did Susan Byrne sell her WHG shares in these transactions?

Susan M. Byrne’s reported sales used weighted average prices of $16.3576, $16.6361, and $16.1669 per share. Footnotes explain these are averages for multiple trades within intraday price ranges, and detailed per-trade prices can be obtained from her upon request.

What does “weighted average sale price” mean in Susan Byrne’s WHG Form 4?

“Weighted average sale price” means the reported price is an average across multiple trades executed at different prices that day. For Susan Byrne’s Westwood sales, each day’s figure summarizes numerous transactions within a stated price range rather than a single trade price.