# EDGAR Filing Document

**Accession Number:** 0001165002
**File Stem:** 0001165002-23-000040
**Filing Date:** 2023-3
**Character Count:** 5691
**Document Hash:** a26e0cbe6508e0680b80e30c22721880
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001165002-23-000040.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001165002-23-000040

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESTWOOD HOLDINGS GROUP INC
- **CENTRAL INDEX KEY:** 0001165002
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 752969997
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-31234
- **FILM NUMBER:** 23757746

**BUSINESS ADDRESS:**
- **STREET 1:** 200 CRESCENT COURT
- **STREET 2:** SUITE 1200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 2147566900

**MAIL ADDRESS:**
- **STREET 1:** 200 CRESCENT COURT
- **STREET 2:** SUITE 1200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**SCHEDULE 14A INFORMATION**

**Proxy Statement Pursuant to Section 14(a) of the**

**Securities Exchange Act of 1934**

Filed by the Registrant ⌧ Filed by a Party other than the Registrant ◻

Check the appropriate box:

◻ Preliminary Proxy Statement

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| | |
|:---|:---|
| ◻ | **Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))** |

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◻ Definitive Proxy Statement

⌧ Definitive Additional Materials

◻ Soliciting Material Pursuant to §240.14a-12<br>

**Westwood Holdings Group, Inc.** 

**(Name of Registrant as Specified In Its Charter)**

**(Name of Person(s) Filing Proxy Statement, if other than the Registrant)**

Payment of Filing Fee (Check the appropriate box):

⌧ No fee required

◻ Fee paid previously with preliminary materials.

◻ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

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![westwoodholdingsgrouplogoa.jpg](westwoodholdingsgrouplogoa.jpg)

**SUPPLEMENT DATED MARCH 24, 2023**

**TO PROXY STATEMENT DATED MARCH 17, 2023** 

Westwood Holdings Group, Inc. (the "Company," "we," "us" or "our") is voluntarily supplementing the Company's definitive proxy statement (the "Proxy Statement") for the 2023 Annual Meeting of Stockholders of the Company (the "Annual Meeting"), as filed with the Securities and Exchange Commission (the "SEC") on March 17, 2023, to update the treatment of abstentions with respect to Proposal 3 – Approval of the Ninth Amended and Restated Westwood Holdings Group, Inc. Stock Incentive Plan. The update is a result of a change to Section 312.07 of the New York Stock Exchange ("NYSE") Listed Company Manual. This supplemental information should be read in conjunction with the Proxy Statement, which should be read in its entirety.

<u>Change in Treatment of Abstentions</u>

On November 19, 2021, the SEC approved an amendment to Section 312.07 of the NYSE Listed Company Manual. The amendment impacts the treatment of "abstentions" with respect to the vote on Proposal 3 – Approval of the Ninth Amended and Restated Westwood Holdings Group, Inc. Stock Incentive Plan. Prior to the amendment, NYSE guidance required abstentions to be treated as "against" votes with respect to the vote on Proposal 3. As a result of the amendment, abstentions on Proposal 3 will not be counted as votes cast.

<u>Revised Text of the Proxy Statement</u>

The text under the heading entitled "**What vote is required to approval each proposal?**" on page 2 of the Proxy Statement pertaining to Proposal 3 is replaced with the following (strikethrough indicates removal of language and bold and underlined indicates addition of language):

"Proposal 3: The approval of the Ninth Amended and Restated Westwood Holdings Group, Inc. Stock Incentive Plan requires the affirmative "FOR" vote of a majority of the votes cast at the annual meeting. You may vote "FOR," "AGAINST" or "ABSTAIN" with respect to this proposal. As the approval of Proposal 3 is a non-routine matter under applicable rules, your bank, broker or other nominee cannot vote without instructions from you. A **<u>Neither a</u>** broker non-vote **<u>nor an abstention</u>** is not a vote cast under applicable law or applicable NYSE rules and will have no effect on the outcome of this proposal. An abstention, however, is a vote cast under applicable NYSE rules and, as a result, abstentions will have the effect of votes "AGAINST" this proposal."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The first sentence under the "Vote Sought and Recommendation" heading on page 32 of the Proxy Statement is replaced with the following (strikethrough indicates removal of language and bold and underlined indicates addition of language):

"The approval of the Amendment requires the affirmative vote of a majority of the votes cast with respect to this Proposal. All proxies submitted will be voted "FOR" this Proposal unless stockholders specify a contrary vote in their proxies. Broker non-votes **<u>and abstentions</u>** will not be counted as votes cast with respect to this Proposal; however, abstentions will have the same effect as votes against this Proposal."

Stockholders who would like additional copies, without charge, of the Proxy Statement or who have questions about the Proxy Statement or this supplement should contact Terry Forbes, the Company's Chief Financial Officer & Treasurer, at 200 Crescent Court, Suite 1200, Dallas, Texas 75201 or by telephoning (214) 756-6900.

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