ST JOE Co’s large shareholder group reported a modest share sale. An entity associated with Fairholme Funds Inc., through The Fairholme Fund, sold 21,100 shares of ST JOE Co common stock at $72.22 per share. After this open-market sale, that entity still holds 16,073,624 shares.
Separately, Bruce R. Berkowitz is shown as directly owning 606,866 ST JOE Co shares following the reported transactions. The filing notes that Mr. Berkowitz and Fairholme disclaim beneficial ownership of The Fairholme Fund’s position except to the extent of any pecuniary interest.
Fairholme Capital Management, L.L.C. submitted a Form 144 notice regarding proposed sales of Common stock of the company trading as JOE on the NYSE. The excerpt lists multiple recent open-market dispositions and proposed sales including transactions of $296,676.50, $360,195.00, and $1,220,353.00, with dates in 12/23/2025, 01/16/2026, and 02/12/2026
The Fairholme Fund, a series of Fairholme Funds, Inc., reported an open-market sale of 1,400 shares of ST JOE Co common stock at $73.50 per share on March 4, 2026. After this sale, the Fund reported holding 16,094,724 shares of ST JOE Co.
The filing also reports that Bruce R. Berkowitz directly owns 606,866 shares of ST JOE Co common stock. Mr. Berkowitz and Fairholme Capital Management state they may be deemed beneficial owners of the Fund’s shares but disclaim beneficial ownership except to the extent of any pecuniary interest.
ST JOE Co reported that President, CEO and Chairman Jorge Luis Gonzalez acquired 11,126 shares of common stock through a grant of restricted stock. The award was made under The St. Joe Company 2025 Performance and Equity Incentive Plan at a stated price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
After this grant, Gonzalez directly owns 77,883 shares of common stock. The restricted stock will vest in three equal annual installments on March 2 of 2027, 2028 and 2029, conditioned on his continued employment with the company, which ties the value of this award to his longer-term service.
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.
Bakun Marek reported acquisition or exercise transactions in this Form 4 filing.
The St. Joe Company granted EVP & Chief Financial Officer Marek Bakun 3,702 shares of restricted common stock on March 2, 2026 under the 2025 Performance and Equity Incentive Plan. These shares vest in three equal annual installments on March 2 of 2027, 2028 and 2029, tied to continued employment. Following this award, Bakun directly owns 24,995 shares of St. Joe common stock.
GOFF RHEA reported acquisition or exercise transactions in this Form 4 filing.
ST JOE Co reported that executive Rhea Goff, SVP & Chief Administrative Officer, received a grant of 2,494 shares of restricted common stock on March 2, 2026 under 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, contingent on Goff’s continued employment with the company. Following this award, Goff directly owns 11,558 shares of ST JOE Co common stock.
Fairholme Fund, a major holder of ST JOE Co, sold 39,000 shares of common stock in open-market transactions. The sales occurred on February 27, March 2, and March 3 at prices between $71.85 and $73.14 per share.
After these sales, Fairholme Funds Inc. reported ownership of 16,096,124 shares of ST JOE Co common stock, based on the latest transaction balance. A separate holding line shows 606,866 shares directly owned by Bruce R. Berkowitz. The filing states the sold securities were held by The Fairholme Fund, a series of Fairholme Funds, Inc., with Mr. Berkowitz and Fairholme Capital Management, LLC potentially deemed beneficial owners through their roles but disclaiming beneficial ownership except to any pecuniary interest.
ST JOE Co EVP & Chief Financial Officer Marek Bakun reported a tax-related share disposition. On the vesting of previously granted restricted stock, 225 shares of common stock were withheld by the company at $68.92 per share to cover taxes. After this withholding, Bakun directly owns 21,293 common shares.
ST JOE Co director and SVP & Chief Admin. Officer Rhea Goff reported a tax-related share disposition. On February 25, 2026, 141 shares of common stock were withheld by the company at a price of $68.92 per share to cover taxes due upon vesting of previously granted restricted stock. After this tax-withholding disposition, Goff’s directly held common stock position was 9,064 shares.