Susan M Byrne, Director Emerita at Westwood Holdings Group Inc. (NASDAQ: WHG), sold a total of 1,732 shares of the company's common stock between April 17 and April 21, 2026, generating gross proceeds of $28,369. The disposition was reported in a recent SEC Form 4 filing.
The filing details three separate the sales:
- April 17, 2026 - 700 shares sold at a weighted average price of $16.3576, with transaction prices in the range of $16.08 to $16.65.
- April 20, 2026 - 500 shares sold at a weighted average price of $16.6361, with individual prices between $16.55 and $16.93.
- April 21, 2026 - 532 shares sold at a weighted average price of $16.1669, with prices ranging from $16.03 to $16.61.
The sales were executed pursuant to a Rule 10b5-1 trading plan that Byrne adopted on April 1, 2026. Following these transactions, Byrne directly holds 295,012 shares of Westwood Holdings Group common stock, according to the filing.
Market context included in the reporting notes that the insider sales occurred while WHG traded near InvestingPro's Fair Value estimate, with a quoted price of $16.15 at the time of reporting. The InvestingPro information referenced also states that Westwood has paid dividends for 25 consecutive years and currently yields 3.6 percent. The platform is noted as tracking over 10 additional ProTips for WHG, offering further insights for those evaluating the name.
Separately, Westwood's Q4 2025 quarterly results were highlighted in the reporting. The company recorded total revenues of $27.1 million for the quarter, up from $25.6 million in the same period the prior year. The earnings commentary noted a meaningful year-over-year increase in net income, attributing improved performance in the company's ETF products. Despite the revenue and net income gains, the earnings disclosure did not materially move the stock price, which experienced a minor decline.
These developments - the insider sales, the proximity of the share price to a fair value estimate, and the Q4 2025 financials - form the factual basis of the SEC filing and accompanying market commentary. The filing itself confirms the timing, quantities, and price ranges of Byrne's transactions and documents her continuing significant ownership stake in the company.
What the filing shows
- Three executed sales totaling 1,732 shares between April 17 and April 21, 2026, for $28,369.
- Sales carried out under a Rule 10b5-1 plan adopted April 1, 2026.
- Post-sale direct ownership of 295,012 common shares by Byrne.
The disclosure provides a clear record of the transactions and places them alongside recent operational results disclosed by the company for Q4 2025.