Seaport Entertainment Group (SEG) withholds CEO shares for tax liability
Rhea-AI Filing Summary
Seaport Entertainment Group Inc. reported that Chief Executive Officer Matthew Morris Partridge had 4,544 shares of common stock withheld on July 31, 2026 to satisfy tax liability arising from the vesting of stock granted under the company’s 2024 Equity Incentive Plan. The tax-withholding disposition was valued at $26.23 per share, and following this event he directly owns 111,071 shares of Seaport Entertainment common stock. This was a tax-related share withholding rather than an open-market sale.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,544 shares
Net Sell
1 txn
Insider
PARTRIDGE MATTHEW MORRIS
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,544 | $26.23 | $119K |
Holdings After Transaction:
Common Stock — 111,071 shares (Direct)
Footnotes (1)
- F1. On July 31, 2026, Seaport Entertainment Group Inc. (the "Issuer") withheld 4,544 shares of common stock of the Issuer from the Reporting Person for payment of the tax liability incident to the vesting of shares of common stock granted by the Issuer pursuant to the terms of the Issuer's 2024 Equity Incentive Plan.
Key Figures
Shares withheld for taxes: 4,544 shares
Per-share value for withholding: $26.23 per share
Shares owned after transaction: 111,071 shares
+1 more
4 metrics
Shares withheld for taxes
4,544 shares
Common stock withheld from CEO to cover tax on vested equity
Per-share value for withholding
$26.23 per share
Value used for the tax-withholding disposition on July 31, 2026
Shares owned after transaction
111,071 shares
Direct common stock holdings of CEO following withholding
Transaction date
July 31, 2026
Date of tax-withholding disposition of common stock
Key Terms
tax liability, vesting, 2024 Equity Incentive Plan, Reporting Person
4 terms
tax liability financial
"for payment of the tax liability incident to the vesting of shares"
vesting financial
"incident to the vesting of shares of common stock granted by the Issuer"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
2024 Equity Incentive Plan financial
"granted by the Issuer pursuant to the terms of the Issuer's 2024 Equity Incentive Plan"
Reporting Person regulatory
"withheld 4,544 shares of common stock of the Issuer from the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Seaport Entertainment (SEG) disclose for its CEO?
Seaport Entertainment’s CEO Matthew Morris Partridge reported a tax-withholding disposition where the company withheld 4,544 shares of common stock to cover taxes due on vested equity granted under the 2024 Equity Incentive Plan.
Why did Seaport Entertainment (SEG) withhold stock from its CEO on July 31, 2026?
On July 31, 2026, Seaport Entertainment withheld 4,544 shares of common stock from its CEO to pay the tax liability incident to the vesting of shares granted under the company’s 2024 Equity Incentive Plan.