Seaport grants performance RSUs to execs Partridge (20,482) and Fato (4,824) with 3-year TSR/EBITDA targets

Seaport Entertainment Group Inc.

50% of RSUs vest based on 3-year TSR vs Russell 2000; 50% based on 2027 asset-level EBITDA.
EBITDA portion may be multiplied by 150% if 2027 Non-GAAP adjusted net income positive.
Performance period Jan 1, 2025 – Dec 31, 2027; vesting date March 7, 2028.
Maximum payout is 200% of target; forfeiture if performance not met or termination for cause.
Accelerated vesting on death or disability at 100% or higher actual performance.

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