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  4. [Form 4] WESTWOOD HOLDINGS GROUP INC Insider Trading Activity

Susan Byrne sells 8,911 Westwood (NYSE: WHG) shares, holds 258,710

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Westwood Holdings Group director emerita Susan M. Byrne reported selling common stock in three open-market transactions. She sold 4,367 shares on June 12 at a weighted average price of $17.8612, 2,910 shares on June 15 at $17.9607, and 1,634 shares on June 16 at $18.2942.

After these sales, Byrne directly holds 258,710 shares of Westwood common stock. Each reported price reflects a weighted average for multiple trades within disclosed intraday ranges, and detailed trade breakdowns are available upon request.

Positive

  • None.

Negative

  • None.
Insider BYRNE SUSAN M
Role null
Sold 8,911 shs ($160K)
Type Security Shares Price Value
Sale common stock 1,634 $18.2942 $30K
Sale common stock 2,910 $17.9607 $52K
Sale common stock 4,367 $17.8612 $78K
Holdings After Transaction: common stock — 258,710 shares (Direct, null)
Footnotes (1)
  1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $17.34 to $18.37. 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 $17.48 to $18.14. 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 $18.10 to $18.43. The reporting person will provide detailed information regarding such transactions upon request.
Total shares sold 8,911 shares Net shares sold across three open-market transactions
June 12 sale 4,367 shares at $17.8612 Open-market sale of common stock on June 12, 2026
June 15 sale 2,910 shares at $17.9607 Open-market sale of common stock on June 15, 2026
June 16 sale 1,634 shares at $18.2942 Open-market sale of common stock on June 16, 2026
Shares held after transactions 258,710 shares Direct common stock ownership after June 16, 2026 sale
open-market sale financial
"transaction_action": "open-market sale""
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""
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.
non-derivative financial
""transaction_type": "non-derivative""
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
X
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)
Director10% Owner
Officer (give title below)XOther (specify below)
Director Emerita
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
common stock06/12/2026S4,367D$17.8612(1)263,254D
common stock06/15/2026S2,910D$17.9607(2)260,344D
common stock06/16/2026S1,634D$18.2942(3)258,710D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported price reflects the weighted average sale price for shares sold in multiple transactions at prices ranging from $17.34 to $18.37. 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 $17.48 to $18.14. 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 $18.10 to $18.43. 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-fact06/16/2026
** Signature of Reporting PersonDate
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 activity did WHG’s Susan M. Byrne report on this Form 4?

Susan M. Byrne reported three open-market sales of Westwood Holdings Group common stock, totaling 8,911 shares. The sales occurred on June 12, 15, and 16, 2026, at weighted average prices between $17.8612 and $18.2942 per share.

How many WHG shares does Susan M. Byrne still own after these sales?

After the reported transactions, Susan M. Byrne directly holds 258,710 shares of Westwood Holdings Group common stock. This figure reflects her position immediately following the final sale reported on June 16, 2026, according to the Form 4 data.

What prices did Susan M. Byrne receive for her WHG share sales?

The reported sales used weighted average prices: $17.8612 on June 12, $17.9607 on June 15, and $18.2942 on June 16. Footnotes state these averages cover multiple trades within intraday price ranges for each transaction date.

Were Susan M. Byrne’s WHG transactions open-market sales or other types of trades?

All three transactions are classified as open-market sales of non-derivative common stock. The Form 4 identifies transaction code “S” and describes each as a sale in open market or private transaction, with direct ownership reported after each trade.

Does the Form 4 show any option exercises or derivative trades for WHG?

No derivative transactions appear in this Form 4. All reported activity involves non-derivative Westwood Holdings Group common stock, and the derivative transaction summary shows zero exercises, zero derivative trades, and an empty derivative position list after these sales.

How many WHG shares did Susan M. Byrne sell in total in this Form 4?

The Form 4 transaction summary shows that Susan M. Byrne sold a total of 8,911 Westwood Holdings Group common shares across three days. Individual trades were 4,367 shares, 2,910 shares, and 1,634 shares, all reported as open-market sales.