Seaport Entertainment Group Inc.·4

Mar 2, 4:30 PM ET

Fato Luciana 4

Research Summary

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Seaport Entertainment (SEG) GC Luciana Fato Receives RSU Award

What Happened
Luciana Fato, General Counsel of Seaport Entertainment Group Inc. (SEG), was granted 8,127 restricted stock units (RSUs) on February 26, 2026. The grant was reported at $0 cash paid (standard for RSU awards); the RSUs represent a contingent right to receive one share each if and when they vest.

Key Details

  • Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (no late-filing flag indicated in the filing).
  • Grant: 8,127 RSUs @ $0.00 (no cash exchanged at grant).
  • Vesting: 1,897 RSUs vest on February 27, 2027; the remaining 6,230 RSUs vest in three substantially equal annual installments beginning February 27, 2027, subject to continued service.
  • Shares owned after transaction: Not disclosed in the provided filing summary.
  • Footnote: RSUs are a contingent right to receive common stock upon vesting (per the company’s 2024 Equity Incentive Plan).

Context
RSU grants are a common form of executive compensation meant to align management with shareholder interests; they are not an immediate purchase or sale of shares and carry value only if and when they vest and convert to common stock. This award does not by itself indicate insider buying or selling activity.