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[8-K] ST JOE Co Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

The St. Joe Company expanded its share buyback capacity. As of May 4, 2026, the company had authority to repurchase approximately $49.2 million of its common stock under its existing Stock Repurchase Program.

On the same date, the board authorized additional repurchase capacity of approximately $150.8 million, bringing total authorized repurchase authority under the program to $200.0 million. The Stock Repurchase Program applies to the company’s common stock and has no expiration date.

Positive

  • None.

Negative

  • None.

Insights

St. Joe lifts total share repurchase authorization to $200M, signaling ongoing capacity for buybacks.

The board increased The St. Joe Company’s Stock Repurchase Program by approximately $150.8 million, taking total authorized repurchases to $200.0 million. As of May 4, 2026, about $49.2 million of capacity was already available before this new authorization.

This authorization gives the company flexibility to return capital to shareholders through open‑market repurchases when it chooses. Actual impact will depend on whether and how quickly management uses this capacity, which is not constrained by an expiration date according to the disclosure.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Existing repurchase capacity $49.2 million Authorized for common stock repurchases as of May 4, 2026
New repurchase authority $150.8 million Additional authorization approved by the board on May 4, 2026
Total repurchase authorization $200.0 million Aggregate capacity under Stock Repurchase Program after board action
Stock Repurchase Program financial
"available for purchase of shares of its common stock pursuant to its previously announced Stock Repurchase Program"
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
authorized additional repurchase authority financial
"the Board of Directors of the Company authorized additional repurchase authority of up to approximately $150.8 million"
Item 8.01 Other Events regulatory
"ITEM 8.01 OTHER EVENTS. As of May 4, 2026, The St. Joe Company"
Understanding 8-K Material Events →
false000074530800007453082026-05-042026-05-04

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

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Date of report (Date of earliest event reported): May 4, 2026

The St. Joe Company

(Exact Name of Registrant as Specified in its Charter)

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Florida

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1-10466

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59-0432511

(State or Other Jurisdiction
of Incorporation)

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(Commission File Number)

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(IRS Employer
Identification No.)

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130 Richard Jackson Blvd, Suite 200
Panama City Beach, Florida

32407

(Address of Principal Executive Offices)

(Zip Code)

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(850) 231-6400

(Registrant’s telephone number, including area code)

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Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Securities registered pursuant to Section 12(b) of the Act:

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Title of Each Class

Trading symbol(s)

Name of Each Exchange on Which Registered

Common Stock

JOE

NYSE

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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ITEM 8.01 OTHER EVENTS.

As of May 4, 2026, The St. Joe Company (the “Company”) had a total authority of approximately $49.2 million available for purchase of shares of its common stock pursuant to its previously announced Stock Repurchase Program (the “Plan”). On May 4, 2026, the Board of Directors of the Company authorized additional repurchase authority of up to approximately $150.8 million of the Company’s shares of its common stock under the Stock Repurchase Program, bringing the total authorized repurchase authority to $200.0 million. The Stock Repurchase Program has no expiration date.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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THE ST. JOE COMPANY

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By:

/s/ Marek Bakun

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Marek Bakun

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Executive Vice President & Chief Financial Officer

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Date: May 4, 2026

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Source: View Original Filing on SEC EDGAR

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