[Form 4] Seaport Entertainment Group Inc. Insider Trading Activity

Rhea-AI Filing Summary

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

Director Monica S. Digilio reported the acquisition of 1,279 shares of SEG common stock on 16 June 2025. The shares were issued at $0.00 cost under the company’s 2024 Equity Incentive Plan and Independent Director Compensation Program, indicating a standard equity grant rather than an open-market purchase. Following the transaction, Digilio’s direct beneficial ownership stands at 3,899 shares.

No derivative securities were involved and there were no dispositions. The filing does not reference any Rule 10b5-1 trading plan. Because the shares were granted, the transaction does not immediately inject cash into the company, but marginally increases insider equity alignment. The scale of the grant is modest and unlikely to have a material effect on SEG’s capital structure or daily trading volume.

Positive

• Director increased direct ownership by 1,279 shares, modestly enhancing insider alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine director equity grant; neutral impact on valuation.

This Form 4 shows a customary board compensation grant. The zero-cost issuance signals no cash outlay by the director and minimal dilution for shareholders given the small share count. Insider ownership rises to 3,899 shares, but the position remains immaterial relative to SEG’s likely float. With no sales and no derivative activity, the disclosure carries little incremental information about future share supply or insider sentiment. I view the filing as housekeeping rather than a market-moving event.

Corporate Governance Expert

TL;DR: Standard equity-based compensation aligns director interests; governance posture unchanged.

The grant under the 2024 Equity Incentive Plan reflects accepted governance practice of compensating board members with equity. While the additional 1,279 shares marginally improves alignment, the ownership stake remains small, so monitoring aggregate board ownership levels is still advisable. No red flags or preferential terms are evident. Overall, the filing maintains status quo governance dynamics.

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
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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^*

Digilio Monica S

(Last) (First) (Middle)

199 WATER STREET

28TH FLOOR

(Street)

NEW YORK NY 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)
			Code	V	Amount	(A) or (D)	Price
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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

FAQ

How many SEG shares did Director Monica S. Digilio acquire?

She received 1,279 shares of common stock.

What was the transaction price for the shares reported in the Form 4?

The shares were issued at $0.00 under an equity incentive grant.

What is Monica S. Digilio’s total direct ownership in SEG after the grant?

Her direct beneficial ownership increased to 3,899 shares.

Were any derivatives or sales reported in this Form 4 filing by SEG?

No. The filing shows no derivative securities and no dispositions.

Does the filing reference a Rule 10b5-1 trading plan?

No Rule 10b5-1 plan was indicated in the filing.