CFO at Seaport Entertainment Group (SEG) awarded 9,766 RSUs, 914 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seaport Entertainment Group Inc. Chief Financial Officer Lenah Elaiwat reported two equity-related transactions in company common stock. On February 26, 2026, she acquired 9,766 shares as a grant of restricted stock units under the 2024 Equity Incentive Plan, at a stated price of $0.00 per share. According to the award terms, 1,996 RSUs vest on February 27, 2027, and 7,770 RSUs vest in three substantially equal annual installments beginning on that date, conditioned on continued service. On February 27, 2026, the company withheld 914 shares to cover tax liabilities upon vesting of stock, a tax-withholding disposition that left her with 31,454 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Elaiwat Lenah
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 914 | $23.36 | $21K |
| Grant/Award | Common Stock | 9,766 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,454 shares (Direct)
Footnotes (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. 1,996 RSUs vest on February 27, 2027 and 7,770 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. On February 27, 2026, the Issuer withheld 914 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 Plan.
FAQ
What did SEG CFO Lenah Elaiwat report in this Form 4 filing?
CFO Lenah Elaiwat reported an equity award and a tax share withholding. She received 9,766 restricted stock units in Seaport Entertainment Group common stock and had 914 shares withheld to pay taxes related to vesting, leaving her with 31,454 directly owned shares afterward.
What are the vesting terms of the 9,766 RSUs granted to SEG’s CFO?
Of the 9,766 RSUs, 1,996 vest on February 27, 2027. The remaining 7,770 vest in three substantially equal annual installments starting February 27, 2027, provided the CFO continues serving Seaport Entertainment Group or its subsidiaries through each vesting date.
What do the Form 4 transaction codes A and F mean in SEG’s filing?
Code A indicates a grant, award, or other acquisition of securities, here representing the 9,766 RSU award. Code F indicates payment of exercise price or tax liability by delivering securities, reflected by the 914-share tax-withholding disposition tied to vesting of previously granted stock.