Director at Seaport Entertainment Group (SEG) receives 1,175-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crawford Michael Anthony reported acquisition or exercise transactions in this Form 4 filing.
Seaport Entertainment Group Inc. reported that director Michael Anthony Crawford received an equity grant of common stock as part of his board compensation. He was awarded 1,175 shares of Common Stock at no cash cost, bringing his direct holdings to 7,218 shares after the transaction. The grant was made under the Seaport Entertainment Group Inc. 2024 Equity Incentive Plan and its Independent Director Compensation Program, meaning this is a routine, compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Crawford Michael Anthony
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,175 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,218 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Seaport Entertainment Group (SEG) report?
Seaport Entertainment Group reported that director Michael Anthony Crawford received a grant of 1,175 shares of Common Stock. The award was issued at no cash cost as part of his director compensation under the company’s 2024 Equity Incentive Plan.
Was the Seaport Entertainment Group (SEG) Form 4 a stock purchase or a grant?
The Form 4 reflected a stock grant, not an open-market purchase. Director Michael Anthony Crawford received 1,175 shares as a compensation award under the 2024 Equity Incentive Plan and Independent Director Compensation Program, rather than buying the shares in the market.
What plan governed the Seaport Entertainment Group (SEG) director stock grant?
The stock grant was issued under the Seaport Entertainment Group Inc. 2024 Equity Incentive Plan. It was made pursuant to the company’s Independent Director Compensation Program, indicating the award is part of standard board compensation rather than a discretionary market transaction.
Did Seaport Entertainment Group (SEG) receive cash from this director stock grant?
No cash was paid for this director stock grant. The 1,175 shares of Common Stock awarded to Michael Anthony Crawford carried a reported price per share of $0.0000, underscoring that it was a compensation-related equity award, not a cash-funded purchase.