St. Joe (NYSE: JOE) awards 3,075 restricted shares to SVP

Rhea-AI Filing Summary

WALTERS Elizabeth J reported acquisition or exercise transactions in this Form 4 filing.

ST JOE Co disclosed that senior vice president and chief legal officer Elizabeth J. Walters received a grant of 3,075 shares of restricted common stock on March 2, 2026 under The St. Joe Company 2025 Performance and Equity Incentive Plan. The award was granted at no cash cost to her.

The restricted stock will vest in three equal annual installments on March 2, 2027, 2028 and 2029, as long as she remains employed by the company. After this grant, she holds 18,983 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WALTERS Elizabeth J

Role SVP, Chief Legal Officer & Sec

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,075	$0.00	--

Holdings After Transaction: Common Stock — 18,983 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WALTERS Elizabeth J

(Last) (First) (Middle)

130 RICHARD JACKSON BOULEVARD

SUITE 200

(Street)

PANAMA CITY BEACH FL 32407

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ST JOE Co [ JOE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Legal Officer & Sec

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		3,075(1)	A	$0.00	18,983	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On March 2, 2026, the Reporting Person was granted 3,075 shares of Restricted Stock pursuant to The St. Joe Company 2025 Performance and Equity Incentive Plan. The Restricted Stock will vest in three equal annual installments on March 2, 2027, 2028 and 2029, subject to the Reporting Person's continued employment with the Company.

	/s/ Elizabeth J. Walters	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ST JOE Co (JOE) report for Elizabeth J. Walters?

ST JOE Co reported that SVP and chief legal officer Elizabeth J. Walters received a grant of 3,075 restricted common shares on March 2, 2026. The shares were awarded under the company’s 2025 Performance and Equity Incentive Plan and did not involve a cash purchase price.

How will the 3,075 restricted shares granted to JOE executive Elizabeth J. Walters vest?

The 3,075 restricted shares granted to Elizabeth J. Walters will vest in three equal annual installments. Vesting dates are March 2, 2027, March 2, 2028, and March 2, 2029, and each tranche is contingent on her continued employment with ST JOE Co through the applicable date.

What is Elizabeth J. Walters’ total ST JOE Co (JOE) shareholding after this Form 4 grant?

Following the grant, Elizabeth J. Walters directly holds 18,983 shares of ST JOE Co common stock. This total includes the newly awarded 3,075 restricted shares, which will vest over three years, and reflects her direct ownership reported in the Form 4 filing.

Was cash paid for the 3,075 restricted JOE shares granted to Elizabeth J. Walters?

No cash was paid for the 3,075 restricted shares granted to Elizabeth J. Walters. The Form 4 shows a price per share of $0.0000, indicating this was an equity award under The St. Joe Company 2025 Performance and Equity Incentive Plan rather than an open-market purchase.

Under which plan did ST JOE Co grant restricted stock to Elizabeth J. Walters?

The restricted stock granted to Elizabeth J. Walters was issued under The St. Joe Company 2025 Performance and Equity Incentive Plan. This plan governs performance-based and equity awards, and the 3,075-share grant will vest in three equal annual installments starting March 2, 2027.