Seaport Entertainment (SEG) CEO Matthew Morris Partridge Withholds 1,804 Shares

What Happened Matthew Morris Partridge, CEO of Seaport Entertainment Group Inc., had 1,804 shares of common stock withheld to satisfy the tax liability on vested equity. The shares were valued at $24.14 each, for a total of $43,549. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: September 18, 2026; Filing date: September 22, 2026.
• Transaction: 1,804 shares withheld (tax payment) at $24.14 per share; total value $43,549.
• Transaction code: F — tax withholding on vested shares.
• Footnote: Shares were withheld to pay the tax liability arising from the vesting of shares granted under the Issuer’s 2024 Equity Incentive Plan.
• Shares owned after the transaction: Not specified in the provided filing.
• Timeliness: Filing dated four days after the transaction; the provided record does not indicate a late-filed status.

Context Tax-withholding dispositions like this are routine when restricted stock or other awards vest and the company withholds shares to cover withholding taxes. They are not the same as a market sale and generally do not signal the insider’s intent to liquidate holdings.