{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-034173","form_type":"8-K","ticker":"SEG","cik":"0002009684","company_name":"Seaport Entertainment Group Inc.","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.350445+00:00","generated_at":"2026-05-31T14:03:34.705864+00:00","sec_items":["1.01","2.03","3.02","3.03","5.03","5.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Seaport Entertainment completes spin-off from Howard Hughes, begins trading on NYSE American under SEG","bullets":["Distribution on July 31, 2024: HHH shareholders received 1 SEG share per 9 HHH shares; HHH contributed $23.4M cash.","Entered separation, transition services, tax, and employee agreements with HHH; issued ~5.52M shares in private placement for asset transfers.","Board expanded to 5 directors; David Hirsh, Michael Crawford, Monica Digilio, Anthony Massaro appointed; Anton Nikodemus remains CEO.","CEO Nikodemus granted $10M equity award (RSUs + options); Partridge $900k RSUs, Fato $212.5k RSUs; 2024 bonuses at Compensation Committee discretion.","Refinanced $51.2M Las Vegas Ballpark note (4.92%) with Seaport as guarantor; Seaport District issued $10M Series A preferred stock at 14%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-034173","json":"https://secwatch.observer/filing/0001628280-24-034173.json","markdown":"https://secwatch.observer/filing/0001628280-24-034173.md","text":"https://secwatch.observer/filing/0001628280-24-034173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/0001628280-24-034173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/seaportentertainmentgroups.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:03:34.705864+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"374e699eec","claim":"Anthony F. Massaro was appointed as Director at Seaport Entertainment Group Inc..","evidence_excerpt":"each of Michael A. Crawford, Monica S. Digilio and Anthony F. Massaro appointed to the Board, and Mr. Crawford serving as lead independent director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/0001628280-24-034173-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7998b75d2b","claim":"Monica S. Digilio was appointed as Director at Seaport Entertainment Group Inc..","evidence_excerpt":"each of Michael A. Crawford, Monica S. Digilio and Anthony F. Massaro appointed to the Board, and Mr. Crawford serving as lead independent director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/0001628280-24-034173-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"86dfadb955","claim":"Michael A. Crawford was appointed as Lead Independent Director at Seaport Entertainment Group Inc..","evidence_excerpt":"each of Michael A. Crawford, Monica S. Digilio and Anthony F. Massaro appointed to the Board, and Mr. Crawford serving as lead independent director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/0001628280-24-034173-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"},{"claim_id":"e551c24b62","claim":"David Z. Hirsh was appointed as Director at Seaport Entertainment Group Inc..","evidence_excerpt":"David Z. Hirsh was appointed to fill the vacancy created by the increase in the size of the Board, effective immediately prior to the commencement of “when-issued” trading","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2009684/000162828024034173/0001628280-24-034173-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}