Susan Byrne (WHG) logs open-market sale of 2,901 Westwood shares

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Westwood Holdings Group Director Emerita Susan M. Byrne reported three open-market sales of common stock in April. She sold a total of 2,901 shares across transactions on April 9, April 10, and April 13, 2026 at weighted average prices around $16 per share.

After these sales, Byrne directly holds 299,045 shares of Westwood Holdings Group common stock. The footnotes explain that each reported price is a weighted average for multiple trades executed within stated price ranges, and detailed trade breakdowns are available on request.

Insider Trade Summary

Net Seller: 2,901 shares ($47,148)

Net Sell 3 txns

Insider BYRNE SUSAN M

Role Insider

Sold 2,901 shs ($47K)

Type	Security	Shares	Price	Value
Sale	common stock	1,600	$16.3212	$26K
Sale	common stock	900	$16.1053	$14K
Sale	common stock	401	$16.3079	$7K

Holdings After Transaction: common stock — 299,045 shares (Direct)

Footnotes (1)

The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.07 to $17.325. 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 $15.90 to $16.56. 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 $16.00 to $16.61. The reporting person will provide detailed information regarding such transactions upon request.

Key Figures

Shares sold April 13, 2026: 1,600 shares at $16.3212 Shares sold April 10, 2026: 900 shares at $16.1053 Shares sold April 9, 2026: 401 shares at $16.3079 +2 more

5 metrics

Shares sold April 13, 2026 1,600 shares at $16.3212 Open-market sale of common stock

Shares sold April 10, 2026 900 shares at $16.1053 Open-market sale of common stock

Shares sold April 9, 2026 401 shares at $16.3079 Open-market sale of common stock

Total shares sold 2,901 shares Three open-market sales in April 2026

Shares held after transactions 299,045 shares Direct ownership after April 2026 sales

Key Terms

open-market sale, weighted average sale price, common stock, Form 4

4 terms

open-market sale financial

"transaction_action: "open-market sale" for each common stock transaction"

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

"security_title: "common stock" for all reported transactions"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "WESTWOOD HOLDINGS GROUP INC""

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/13/2026 - 05:43 PM

SEC Form 4

FORM 4

UNITED 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)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Director Emerita

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
common stock	04/09/2026		S		401	D	$16.3079⁽¹⁾	301,545	D
common stock	04/10/2026		S		900	D	$16.1053⁽²⁾	300,645	D
common stock	04/13/2026		S		1,600	D	$16.3212⁽³⁾	299,045	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $16.07 to $17.325. 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 $15.90 to $16.56. 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 $16.00 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-fact	04/13/2026
	** Signature of Reporting Person	Date
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 at Westwood Holdings Group (WHG)?

Susan M. Byrne reported three open-market sales of Westwood Holdings Group common stock totaling 2,901 shares. The sales occurred on April 9, 10, and 13, 2026, at weighted average prices slightly above $16 per share, according to the Form 4 filing.

At what prices did Susan M. Byrne sell WHG shares in this Form 4?

Byrne’s reported sale prices are weighted averages: $16.3079, $16.1053, and $16.3212 per share. Footnotes state each average reflects multiple trades within price ranges between roughly $15.90 and $17.325, with full trade details available upon request.

How many WHG shares does Susan M. Byrne hold after these insider sales?

After the reported transactions, Susan M. Byrne directly holds 299,045 shares of Westwood Holdings Group common stock. This post-transaction balance is reported for each trade line in the Form 4 and reflects her remaining direct ownership position following the April 2026 sales.

Were Susan M. Byrne’s WHG stock sales open-market transactions?

Yes, each transaction is coded “S” and described as an open-market or private sale of common stock. The Form 4 specifies these as non-derivative sales, with weighted average prices and price ranges given in detailed footnotes for transparency.

Does the WHG Form 4 mention derivative or option exercises by Susan M. Byrne?

No, the filing shows only non-derivative common stock transactions coded as sales. The derivativeSummary section is empty, and exerciseCount and exerciseShares in the transactionSummary are zero, indicating no option or other derivative exercises in this reported period.