Seaport Entertainment Group Inc. Announces Board and Compensation Changes
Ticker: SEG · Form: 8-K · Filed: Sep 10, 2025 · CIK: 2009684
| Field | Detail |
|---|---|
| Company | Seaport Entertainment Group Inc. (SEG) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.01, $800,000, $1,367,671, $2,400,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation, governance
Related Tickers: SPRT
TL;DR
Seaport Entertainment Group Inc. (SPRT) is shuffling its board and executive pay structure.
AI Summary
Seaport Entertainment Group Inc. announced on September 4, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory plans.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and operational stability.
Key Numbers
- 001-42113 — SEC File Number (Identifies the company's filing history with the SEC.)
- 1231 — Fiscal Year End (Indicates the end of the company's annual accounting period.)
Key Players & Entities
- Seaport Entertainment Group Inc. (company) — Registrant
- September 4, 2025 (date) — Earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 199 Water Street, 28th Floor, New York, NY 10038 (address) — Principal executive offices
FAQ
What specific reasons were given for the departure of directors or officers?
The filing indicates departures of directors or certain officers but does not specify the reasons within the provided text.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided text.
What are the key changes in the compensatory arrangements for officers?
The filing notes changes to compensatory arrangements but does not detail the specific modifications in the provided text.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported is dated September 4, 2025.
What is Seaport Entertainment Group Inc.'s principal executive office address?
The principal executive offices are located at 199 Water Street, 28th Floor, New York, NY 10038.
Filing Stats: 1,920 words · 8 min read · ~6 pages · Grade level 11 · Accepted 2025-09-10 16:52:08
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share SEG NYSE Indicate by ch
- $800,000 — , Mr. Partridge's annual base salary is $800,000. During each calendar year of the emplo
- $1,367,671 — th an aggregate grant value of at least $1,367,671. The Partridge Agreement also provides
- $2,400,000 — ant value on the date of grant equal to $2,400,000. The foregoing description of the Part
Filing Documents
- seg-20250904x8k.htm (8-K) — 56KB
- seg-20250904xex10d1.htm (EX-10.1) — 27KB
- seg-20250904xex10d2.htm (EX-10.2) — 129KB
- seg-20250904xex99d1.htm (EX-99.1) — 13KB
- seg-20250904xex99d1001.jpg (GRAPHIC) — 9KB
- 0001558370-25-011994.txt ( ) — 391KB
- seg-20250904.xsd (EX-101.SCH) — 3KB
- seg-20250904_lab.xml (EX-101.LAB) — 16KB
- seg-20250904_pre.xml (EX-101.PRE) — 11KB
- seg-20250904x8k_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On September 10, 2025, the Company issued a press release relating to the leadership changes described above in Item 5.02. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information in this Item 7.01, including the press release, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, unless it is specifically incorporated by reference therein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 10.2 99.1 Letter Agreement by and between Anton Nikodemus and Seaport Entertainment Group Inc., dated as of September 4, 2025 Amended and Restated Employment Agreement by and between Matt Partridge and Seaport Entertainment Group Inc., dated as of September 4, 2025 Press Release, dated September 10, 2025 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 10, 2025 SEAPORT ENTERTAINMENT GROUP INC. By: /s/ Lucy Fato Name: Lucy Fato Title: EVP, General Counsel & Corporate Secretary