Form 4: ST JOE CFO Sells Shares for Tax Obligations

ST JOE Co's EVP & CFO, Marek Bakun, disposed of 225 shares of common stock to cover tax liabilities from restricted stock vesting.

Summary

• Marek Bakun, Executive Vice President and Chief Financial Officer of ST JOE Co (JOE), reported a transaction involving the company's common stock.
• On February 25, 2026, Mr. Bakun disposed of 225 shares of common stock.
• The shares were withheld by ST JOE Co to satisfy tax obligations arising from the vesting of previously granted restricted stock.
• The transaction price for the disposed shares was $68.92 per share.
• Following this transaction, Mr. Bakun beneficially owns 21,293 shares of ST JOE Co common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction for tax purposes and does not indicate any change in the company's operational or financial performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings detailing tax-related dispositions of shares following restricted stock vesting are routine and common practice for corporate executives. This type of transaction is an administrative event rather than a discretionary sale, and it is standard for executives to cover tax liabilities this way.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine administrative transaction for tax purposes and not a discretionary sale that would signal a change in management's confidence.

Key Dates

Keywords

ST JOE Co, JOE, Marek Bakun, Form 4, Insider Transaction, Common Stock, Restricted Stock, Tax Withholding, Executive Compensation