Form 4: Seacor Marine Holdings EVP & CFO Jesus Llorca Reports Stock Transactions
SEC Form 4 Filing
Jesus Llorca, EVP & CFO of Seacor Marine Holdings, reports the conversion of performance restricted stock units and the disposition of shares to cover tax obligations.
Summary
- On March 11, 2025, Jesus Llorca, the EVP & CFO of Seacor Marine Holdings Inc., converted 45,515 performance restricted stock units (PRSUs) into common stock.
- The conversion occurred because the stock price performance goals for the PRSUs were met.
- Following the conversion, Llorca disposed of 23,236 shares of common stock at a price of $5.08 per share to satisfy tax obligations.
- After these transactions, Llorca beneficially owns 530,624 shares of Seacor Marine Holdings Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard SEC filing detailing stock transactions. The vesting of PRSUs suggests positive performance, but the sale of shares for tax obligations is a routine event.
Positives
- The vesting of PRSUs indicates that the company met certain performance goals related to the stock price, which is generally a positive sign.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2022 | Reporting Person was granted 45,515 PRSUs consisting of five equal tranches |
| 03/11/2025 | Date of transaction: Conversion of PRSUs and disposition of shares. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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