Forbes Murray III 4/A

What Happened

• Forbes Murray III, Chief Financial Officer of Westwood Holdings Group, was granted 11,098 shares (reported as an award) on February 23, 2026. The award is reported at $0.00 per share. To satisfy tax withholding obligations, 2,859 of those shares were withheld at an attributed price of $16.22 per share, equal to about $46,373. Net shares delivered to Murray after withholding: 8,239.

Key Details

• Transaction date: 2026-02-23.
• Award: 11,098 shares @ $0.00 (transaction code A — award/grant).
• Withheld for taxes: 2,859 shares @ $16.22 = $46,373 (transaction code F — tax withholding).
• Net shares received: 8,239.
• Filing: This is an amended Form 4 (filed 2026-03-16) correcting the original transaction code for the withheld shares (originally reported as "S" but corrected to "F"). The amendment does not change the economic terms.
• Shares owned after the transaction: Not disclosed in this amendment.

Context

• The award and subsequent withholding are routine administrative actions to satisfy tax obligations on a stock grant; "F" indicates shares were withheld rather than a cash sale. Such withholdings reduce the net shares received and are not itself a market sentiment signal.
• The amendment clarifies reporting detail; it does not indicate a new or additional transaction.