Form 4: Westwood Holdings Group Officer Leah Bennett Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Leah Bennett, President of Westwood Wealth Management, reports the acquisition of 21,667 shares of common stock and the disposal of 3,608 shares for tax withholding.
Summary
- On February 23, 2024, Leah Bennett, President of Westwood Wealth Management, reported a transaction involving Westwood Holdings Group Inc. common stock.
- Bennett acquired 21,667 shares of common stock.
- Simultaneously, Bennett disposed of 3,608 shares of common stock at a price of $12 per share for tax withholding purposes.
- Following these transactions, Bennett directly owns 56,021 shares of Westwood Holdings Group Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to stock transactions by a company officer, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock acquisition and disposal |
| 02/27/2024 | Date of signature by attorney-in-fact |
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