{"schema_version":"secwatch.filing_event.v1","accession":"0001165002-22-000079","form_type":"8-K","ticker":"WHG","cik":"0001165002","company_name":"WESTWOOD HOLDINGS GROUP INC","filed_at":"2022-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.911675+00:00","generated_at":"2026-06-25T06:38:35.187638+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Westwood to acquire Salient's asset management business for $35M cash plus up to $25M earn-out","bullets":["Acquisition of Salient's $4.5B AUM increases Westwood's total AUM by 32% to $18.4B.","Upfront $35M cash, plus earn-out up to $25M based on revenue retention and growth targets.","Fabian Gomez appointed President, Porter Montgomery as COO, and Steven Paddon as Head of Institutional Sales.","Transaction expected to close by end of 2022, subject to client consents and customary conditions.","Westwood expects immediate accretion to earnings and will maintain a debt-free balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001165002-22-000079","json":"https://secwatch.observer/filing/0001165002-22-000079.json","markdown":"https://secwatch.observer/filing/0001165002-22-000079.md","text":"https://secwatch.observer/filing/0001165002-22-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1165002/000116500222000079/0001165002-22-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1165002/000116500222000079/whg-20220525.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T06:38:35.187638+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4ac28a7608","claim":"Fabian Gomez was appointed as President at WESTWOOD HOLDINGS GROUP INC.","evidence_excerpt":"Effective May 25, 2022, the Board of Directors of the Company has appointed Fabian Gomez, age 56, to serve as the Company's President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1165002/000116500222000079/0001165002-22-000079-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"bfd806de36","claim":"Brian Casey resigned as President at WESTWOOD HOLDINGS GROUP INC.","evidence_excerpt":"Brian Casey, the Company's current Chief Executive Officer and President, has resigned from his position as President in order to accommodate the promotion of Mr. Gomez to that position.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1165002/000116500222000079/0001165002-22-000079-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}