Form 4: Bruce Berkowitz of Fairholme Capital Management Reports St Joe Co Stock Sale
SEC Form 4 Filing
Bruce Berkowitz, controlling person of Fairholme Capital Management, reports the sale of 1,500 shares of St Joe Co stock at $47.16 per share.
Summary
- Bruce R. Berkowitz, through Fairholme Capital Management, reported a transaction involving St Joe Co stock.
- On March 10, 2025, 1,500 shares of Common Stock were sold at a price of $47.16 per share.
- Following the transaction, the Fairholme Fund beneficially owns 17,161,024 shares.
- Mr. Berkowitz directly owns 606,866 shares.
- Erica K. Kapahi is appointed as attorney-in-fact for regulatory filings.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock sale, with no explicit positive or negative implications.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The sale of shares by a significant shareholder like Bruce Berkowitz could potentially influence investor sentiment, although the quantity is relatively small compared to the total holdings.
Key Dates
| Date | Description |
|---|---|
| 04/09/2020 | Date of Power of Attorney granted to Erica K. Kapahi |
| 03/10/2025 | Date of transaction: Sale of 1,500 shares of St Joe Co stock |
| 03/12/2025 | Date of signature for Fairholme Funds, Inc. by Erica K. Kapahi |
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