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Seaport Entertainment Group (SEG) awards 8,127 RSUs to general counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Seaport Entertainment Group Inc. reported that General Counsel Luciana Fato acquired 8,127 restricted stock units as equity compensation. Each RSU equals one common share, with 1,897 RSUs vesting on February 27, 2027 and 6,230 RSUs vesting in three equal annual installments starting that date. Following this grant, she holds 19,940 shares directly.

Positive

  • None.

Negative

  • None.
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*
Fato Luciana

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 A 8,127(1) A $0 19,940 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. Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to Seaport Entertainment Group Inc.'s (the "Issuer") 2024 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 1,897 RSUs vest on February 27, 2027 and 6,230 RSUs vest in three substantially equal annual installments beginning on February 27, 2027, subject to the Reporting Person's continued service with the Issuer or its subsidiaries through such date.
/s/ Lucy Fato 03/02/2026
** 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 Seaport Entertainment Group (SEG) disclose?

Seaport Entertainment Group disclosed a Form 4 showing General Counsel Luciana Fato received 8,127 restricted stock units as an equity grant. These RSUs convert into common stock upon vesting under the company’s 2024 Equity Incentive Plan.

How many Seaport Entertainment (SEG) RSUs were granted to Luciana Fato?

Luciana Fato was granted 8,127 restricted stock units of Seaport Entertainment common stock. This grant is part of the company’s 2024 Equity Incentive Plan and represents a non-cash award that will settle in shares as the units vest over time.

What is the vesting schedule for Luciana Fato’s SEG RSU grant?

The RSU grant vests over multiple years. 1,897 RSUs vest on February 27, 2027, while 6,230 RSUs vest in three substantially equal annual installments beginning on February 27, 2027, conditioned on continued service with Seaport Entertainment or its subsidiaries.

Did Luciana Fato pay cash for the Seaport Entertainment (SEG) RSUs?

No cash was paid for the RSUs, as the transaction price per share is reported as 0.0000. This indicates a compensatory equity award rather than an open-market purchase, consistent with grants made under an equity incentive plan.

How many Seaport Entertainment (SEG) shares does Luciana Fato own after the grant?

After the reported RSU grant, Luciana Fato beneficially owns 19,940 shares of Seaport Entertainment common stock directly. This total includes the newly awarded restricted stock units that will convert into shares upon vesting under the plan terms.

What plan governs the new Seaport Entertainment (SEG) RSU award?

The RSU award was granted under Seaport Entertainment Group Inc.’s 2024 Equity Incentive Plan. This plan allows the company to issue restricted stock units, each representing a contingent right to receive one share of common stock upon satisfaction of vesting conditions.
Seaport Entmt Group Inc

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