---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-003627"
form_type: "8-K"
ticker: "SEG"
cik: "0002009684"
company_name: "Seaport Entertainment Group Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T06:10:54.653969+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-003627
- form_type: 8-K
- ticker: SEG
- cik: 0002009684
- company_name: Seaport Entertainment Group Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009684/000155837025003627/0001558370-25-003627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009684/000155837025003627/seg-20250319x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-003627
- JSON: https://secwatch.observer/filing/0001558370-25-003627.json
- Plain text: https://secwatch.observer/filing/0001558370-25-003627.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.