Seaport Entertainment (SEG) Director Adds 1,279 Shares via Equity Grant

Q: How many SEG shares did Director Michael A. Crawford acquire?

1,279 shares were granted on 16 June 2025.

Q: What is Michael A. Crawford's total SEG ownership after the transaction?

He now directly holds 3,899 common shares .

Q: Was any cash paid for the shares reported in this Form 4?

No. The shares were granted at $0 under an equity incentive plan.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Seaport Entertainment Group Inc. (SEG) – Form 4 insider filing

Director Michael Anthony Crawford reported the grant of 1,279 shares of SEG common stock on 16 June 2025 under the company’s 2024 Equity Incentive Plan and Independent Director Compensation Program. The award was recorded at a $0 exercise/transaction price, reflecting a routine equity compensation grant rather than an open-market purchase. Following the transaction, Crawford’s direct beneficial ownership rises to 3,899 shares. No derivative securities were acquired or disposed of, and no Rule 10b5-1 plan was indicated.

The filing does not disclose any cash consideration, sales, or option exercises; therefore, no immediate cash inflow/outflow for the insider or the company occurs. The size of the award is relatively modest and is unlikely to have a material effect on SEG’s share float or insider-ownership profile, but it does marginally increase director equity alignment with shareholders.

Positive

Enhanced director-shareholder alignment: The equity award increases insider ownership, modestly strengthening governance incentives.

Negative

None.

Insights

TL;DR: Routine director stock grant; immaterial to valuation but modestly improves alignment.

This Form 4 records a standard equity compensation grant—1,279 common shares—to Director Michael A. Crawford. The award, made at $0 cost, increases his direct holdings to 3,899 shares. Quantitatively, the stake is small relative to SEG’s outstanding share count, so dilution and market impact are negligible. Qualitatively, periodic equity grants are common governance practice to align board incentives with shareholder interests. No red flags such as large disposals, option exercises, or Rule 10b5-1 sales appear. Investors should view the filing as neutral; it neither signals insider confidence through open-market buying nor insider concern through selling.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Crawford Michael Anthony

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,279	$0.00	--

Holdings After Transaction: Common Stock — 3,899 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

06/27/2025 - 04:30 PM

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^*

Crawford Michael Anthony

(Last)

(First)

(Middle)

199 WATER STREET

28TH FLOOR

(Street)

NEW YORK

10038

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Seaport Entertainment Group Inc. [ SEG ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2025		A		1,279⁽¹⁾	A	$0	3,899	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The common stock was granted under the Seaport Entertainment Group Inc. 2024 Equity Incentive Plan, pursuant to the Seaport Entertainment Group Inc. Independent Director Compensation Program.

	/s/ Lucy Fato, Attorney-in-Fact	06/27/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many SEG shares did Director Michael A. Crawford acquire?

1,279 shares were granted on 16 June 2025.

What is Michael A. Crawford's total SEG ownership after the transaction?

He now directly holds 3,899 common shares.

Was any cash paid for the shares reported in this Form 4?

No. The shares were granted at $0 under an equity incentive plan.

Does the filing involve any derivative securities or option exercises?

No derivative securities were acquired or disposed of; only common stock was granted.

Is the transaction part of a Rule 10b5-1 trading plan?

The form does not indicate that the transaction was made under a Rule 10b5-1 plan.