Llorca Jesus 4
4 · SEACOR Marine Holdings Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
SEACOR Marine (SMHI) CFO Jesus Llorca Receives Stock Award
What Happened
- Jesus Llorca, Executive Vice President & Chief Financial Officer of SEACOR Marine Holdings Inc. (SMHI), received equity awards on February 27, 2026: 70,865 restricted shares (acquired at $0) and 34,010 Performance Restricted Stock Units (PRSUs, derivative award, $0). These were grants (transaction code A) as part of compensation — not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-27; Form filed: 2026-03-02 (timely filing).
- Award amounts and price: 70,865 restricted stock shares @ $0; 34,010 PRSUs @ $0 (derivative).
- Shares owned after transaction: not disclosed in the provided filing.
- Vesting / settlement notes:
- Restricted stock (70,865) lapses in five equal annual installments beginning March 4, 2027 and ending March 4, 2031. (Footnote F1)
- Each PRSU represents a contingent right to one share at vesting, subject to performance and service conditions. (F2)
- PRSUs are in five equal tranches earned only if SMHI’s closing stock price meets tranche thresholds ($7.67, $8.52, $9.38, $10.23, $11.08) for 60 consecutive trading days within the three-year performance period; any earned PRSUs aren’t settled until the third anniversary of the grant and remain subject to service vesting. (F3)
- Transaction type code: A = Award/Grant.
Context
- This is a compensation award to an executive (no cash paid) and is routine; awards align management with shareholder value but do not by themselves indicate insider buying or selling intent. PRSUs are contingent and will convert to shares only if performance and service conditions are met.
Insider Transaction Report
Form 4
Llorca Jesus
EVP & CFO
Transactions
- Award
Common Stock
[F1]2026-02-27+70,865→ 601,489 total - Award
Performance Restricted Stock Units
[F2][F3]2026-02-27+34,010→ 34,010 total→ Common Stock (34,010 underlying)
Footnotes (3)
- [F1]The restricted stock award reported on this Form 4 will lapse in five equal annual installments beginning on March 4, 2027 and ending on March 4, 2031.
- [F2]Each Performance Restricted Stock Unit (each, a "PRSU") represents a contingent right to receive, at vesting, one share of Common Stock subject to the achievement of certain performance goals and service-based vesting requirements.
- [F3]These PRSUs consist of five equal tranches, each of which will be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs will not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche are $7.67, $8.52, $9.38, $10.23 and $11.08, respectively.
Signature
/s/ Andrew H. Everett II, Attorney-in-Fact|2026-03-02