Form 4: Seacor Marine Holdings Inc. Executive Sells Shares Under 10b5-1 Plan

Andrew H. Everett II, Sr. VP, General Counsel & Secretary of Seacor Marine Holdings Inc., sold 4,646 shares of common stock at an average price of $15.01 per share on July 16, 2024, under a pre-arranged trading plan.

Summary

• On July 16, 2024, Andrew H. Everett II, Sr. VP, General Counsel & Secretary of Seacor Marine Holdings Inc. (SMHI), sold 4,646 shares of common stock.
• The shares were sold at a weighted average price of $15.01, with individual transactions ranging from $15.00 to $15.02.
• The sale was executed automatically under a Rule 10b5-1 trading plan adopted on November 8, 2023.
• Following the transaction, Everett directly owns 233,502 shares of Seacor Marine Holdings Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of pre-planned trading activities, such as those under Rule 10b5-1 plans. It's important to consider the overall trend of insider transactions and the company's performance when evaluating the significance of this sale.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the overall trend of insider transactions.

Key Dates