Fato Luciana 4
Research Summary
AI-generated summary
Seaport Entertainment GC Luciana Fato Withholds 728 Shares for Taxes
What Happened
Luciana Fato, General Counsel of Seaport Entertainment Group Inc., had 728 shares of company common stock withheld on March 6, 2026 to satisfy tax withholding obligations related to the vesting of equity awards. The withholding covered shares valued at $21.64 each, for a total value of $15,754. This is a tax-withholding event (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-09 (Form 4 accession 0001615708-26-000006).
- Price per share: $21.64; Shares withheld/disposed: 728; Total value: $15,754.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: The issuer withheld 728 shares to pay the tax liability incident to vesting under the Issuer’s 2024 Equity Incentive Plan (F1).
- Filing timeliness: filed March 9, 2026; the report does not indicate a late/untimely filing code.
Context
This was a routine tax-withholding action tied to the vesting of equity awards (often called a cashless withholding). Such transactions are administrative and do not necessarily indicate the insider’s view on the company’s prospects.