Form 4: Seaport Entertainment Group Director Acquires Shares Under Equity Incentive Plan
SEC Form 4 Filing
Monica S. Digilio, a director of Seaport Entertainment Group Inc., acquired 890 shares of common stock under the company's 2024 Equity Incentive Plan.
Summary
- Monica S. Digilio, a director of Seaport Entertainment Group Inc., reported a transaction on December 19, 2024.
- Digilio acquired 890 shares of common stock.
- The acquisition was made under the Seaport Entertainment Group Inc. 2024 Equity Incentive Plan, pursuant to the Independent Director Compensation Program.
- The price per share was $0.
- Following the transaction, Digilio directly owns 1,410 shares of common stock.
Sentiment
Score: 7
Explanation: Director's acquisition of shares is generally a positive sign, indicating confidence in the company. The grant is part of a pre-existing compensation plan, so it's not a surprise, but still a positive indicator.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Directors often receive stock options or grants as part of their compensation packages, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.
Stakeholder Impact
- The transaction aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Date of transaction: Director acquired shares of common stock. |
| 12/20/2024 | Date of signature on the Form 4 filing. |
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