Form 4: Seaport Entertainment CFO's Routine Stock Withholding
Insider Transaction Report
Seaport Entertainment Group Inc.'s Chief Financial Officer, Matthew Morris Partridge, reported a routine withholding of 5,429 common shares for tax liability related to vested equity awards.
Summary
- Matthew Morris Partridge, Chief Financial Officer of Seaport Entertainment Group Inc. (SEG), reported a transaction on August 1, 2025.
- The transaction involved the disposition of 5,429 shares of common stock at a price of $22.48 per share.
- This disposition was a withholding of shares by the Issuer for payment of tax liability incident to the vesting of shares granted under the Issuer's 2024 Equity Incentive Plan.
- Following this transaction, Matthew Morris Partridge beneficially owns 82,079 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding) related to executive compensation, which is neutral in sentiment.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction related to equity compensation and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale or a significant change in ownership structure.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of transaction where 5,429 shares were withheld for tax liability. |
| 08/04/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Seaport Entertainment Group, SEG, Form 4, Insider Transaction, Stock Withholding, Equity Incentive Plan, CFO, Tax Liability
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