SEG (SEG) CEO faces 4,918-share tax withholding but keeps 115,615 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seaport Entertainment Group Inc. reported that Chief Executive Officer Matthew Morris Partridge had 4,918 shares of common stock withheld on April 1, 2026 to cover tax liabilities tied to vesting under the company’s 2024 Equity Incentive Plan at $21.46 per share. This was a tax-withholding disposition rather than an open-market sale, and Partridge held 115,615 shares of common stock directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PARTRIDGE MATTHEW MORRIS
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,918 | $21.46 | $106K |
Holdings After Transaction:
Common Stock — 115,615 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for tax: 4,918 shares
Withholding share value: $21.46 per share
Shares held after transaction: 115,615 shares
+1 more
4 metrics
Shares withheld for tax
4,918 shares
Tax-withholding disposition on April 1, 2026
Withholding share value
$21.46 per share
Value used for tax liability on withheld shares
Shares held after transaction
115,615 shares
Direct common stock holdings after withholding
Tax-withholding shares count
4,918 shares
Reported in transactionSummary as taxWithholdingShares
Key Terms
withheld, tax liability, vesting, 2024 Equity Incentive Plan
4 terms
withheld financial
"the Issuer withheld 4,918 shares of common stock of the Issuer"
tax liability financial
"for payment of the tax liability incident to the vesting"
vesting financial
"tax liability incident to the vesting of shares of common stock"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SEG CEO Matthew Partridge report in this Form 4 filing?
SEG CEO Matthew Partridge reported a tax-related share disposition, not an open-market trade. The company withheld 4,918 common shares on April 1, 2026 to pay taxes from vesting equity, leaving him with 115,615 directly held shares afterward.
Was this SEG Form 4 transaction an open-market sale by the CEO?
No, this Form 4 does not show an open-market sale by the CEO. It reflects shares withheld by Seaport Entertainment Group to pay tax liabilities from vesting equity, a routine administrative step rather than a discretionary sale into the public market.