Form 4: Westwood Holdings Group Executive Matthew Lockridge Reports Stock Disposal
SEC Form 4 Filing
Matthew Lockridge, Head of U.S. Value Investing at Westwood Holdings Group, disposed of 6,827 shares of common stock to cover tax obligations.
Summary
- On February 23, 2024, Matthew Lockridge, Head of U.S. Value Investing at Westwood Holdings Group, disposed of 6,827 shares of common stock.
- The transaction was executed at a price of $12 per share.
- Following the transaction, Lockridge directly owns 70,283 shares of Westwood Holdings Group.
- The disposal was related to tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock disposal for tax purposes.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of the stock disposal transaction |
| 02/27/2024 | Date of signature on the Form 4 filing |
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