Lockridge Matthew 4

What Happened

• Matthew Lockridge, Head, U.S. Value Investing at Westwood Holdings Group (WHG), reported an open-market sale of 5,379 shares on 2026-02-23. The shares were disposed at $16.22 each, for a total of approximately $87,247. This transaction is coded as a sale (S).

Key Details

• Transaction date: 2026-02-23 (reported on Form 4 filed 2026-03-13)
• Price per share: $16.22; Shares sold: 5,379; Gross proceeds: ~$87,247
• Transaction type/code: Open market/private sale (S)
• Shares owned after transaction: Not specified in the filing
• Footnote: Filing was delayed past the two-business-day deadline due to administrative matters related to the filer's EDGAR Next registration (footnote F1). This is a timeliness note rather than a statement about the trade itself.

Context

• This was a sale, which many insiders undertake for routine reasons (diversification, tax, personal liquidity) and does not by itself indicate management sentiment about the company. The Form 4 was filed late for administrative reasons; investors should note the timing but not infer transaction intent from the delay.