Seaport Entertainment (SEG) CFO Lenah Withholds 741 Shares for Taxes

What Happened

• Lenah, Chief Financial Officer of Seaport Entertainment Group Inc., had 741 shares of company common stock withheld to satisfy tax withholding obligations tied to vested equity on July 31, 2026. The withholding was reported as a disposition valued at $19,436 (741 shares × $26.23 per share). This was a tax-withholding action (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: July 31, 2026; Filing date: August 3, 2026 (timely Form 4 filing).
• Price per share: $26.23; Total value: $19,436.
• Shares involved: 741 withheld to cover taxes.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The shares were withheld by the issuer to pay the tax liability arising from the vesting of shares granted under the Issuer’s 2024 Equity Incentive Plan (see footnote F1).
• Transaction type: F = tax withholding (disposition), routine administrative action.

Context

• This is a routine tax-withholding event following vesting of equity awards; it is not an open-market sale that signals a deliberate liquidity decision. Such withholdings are common when restricted stock or other equity awards vest and do not by themselves indicate insider confidence or concern about the company.