Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses SEG in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SEG in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Anton Nikodemus | $840,144 | $0 | $0 | $0 | $0 | $0 | $3,784,233 | $4,624,377 |
| Former Chairman, President and Chief Executive Officer | ||||||||
| Matthew Partridge | 642,019 | 0 | 1,933,495 | 341,918 | 618,750 | 0 | 20,384 | 3,556,566 |
| President and Chief Executive Officer | ||||||||
| Lenah Elaiwat | 352,765 | 0 | 361,422 | 0 | 216,966 | 0 | 20,029 | 951,182 |
| Chief Financial Officer and Treasurer | ||||||||
| Lucy Fato | 438,000 | 0 | 219,010 | 0 | 219,000 | 0 | 22,839 | 898,849 |
| General Counsel and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Anton Nikodemus | $4,624,377 | $13,981,935 | $2,404,828 | −9,357,558 |
| Matthew Partridge | 3,556,566 | 3,094,252 | — | +462,314 |
| Lenah Elaiwat | 951,182 | — | — | — |
| Lucy Fato | 898,849 | 685,507 | — | +213,342 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| David Z. Hirsh | Director | 2026-06-15 | A | 1,014 | $0 | $0 | Common | Form 4 ↗ |
| Monica S. Digilio | Director | 2026-06-15 | A | 1,014 | 0 | 0 | Common | Form 4 ↗ |
| Michael A. Crawford | Director | 2026-06-15 | A | 1,014 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Matthew Partridge | RSU | — | — | — | — | — | $1,933,495 |
| Lucy Fato | RSU | — | — | — | — | — | 219,010 |
| Lenah Elaiwat | RSU | — | — | — | — | — | 361,422 |
| Matthew Partridge | OPTION | — | — | — | — | — | 341,918 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Matthew Partridge | $1,933,495 | $0 | $341,918 | 0.0% |
| Lucy Fato | 219,010 | 0 | 0 | 0.0% |
| Lenah Elaiwat | 361,422 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Matthew Partridge | RSU | 9,265 | — | $183,169 |
| Anton Nikodemus | Option | 206,016 | 26.36 | — |
| Anton Nikodemus | Option | 241,546 | 39.54 | — |
| Matthew Partridge | RSU | 22,762 | — | 450,005 |
| Lenah Elaiwat | RSU | 7,168 | — | 142,067 |
| Lucy Fato | RSU | 5,375 | — | 106,264 |
| Lucy Fato | PSU | 4,824 | — | 95,370 |
| Lenah Elaiwat | RSU | 4,824 | — | 95,370 |
| Lenah Elaiwat | RSU | 4,110 | — | 81,255 |
| Matthew Partridge | RSU | 25,008 | — | 494,658 |
| Matthew Partridge | RSU | 20,482 | — | 404,929 |
| Matthew Partridge | PSU | 20,482 | — | 404,929 |
Base salaries are intended to provide a fixed component of compensation reflecting the skill set, experience, role and responsibilities of our named executive officers. Amounts are determined by the Compensation Committee and may be adjusted to reflect promotions, increases in responsibilities and competitive considerations.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | True |
| Anti-hedging | — |
| Anti-pledging | — |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael A. CrawfordIndependent · Board Chair · Audit · Compensation · Nominating/Governance (Chair) | $91,250 | $100,054 | $0 | $0 | $0 | $191,304 |
| David Z. HirshIndependent · Audit (Chair) · Compensation · Nominating/Governance | 83,750 | 100,054 | 0 | 0 | 0 | 183,804 |
| Monica S. DigilioIndependent · Audit · Compensation (Chair) · Nominating/Governance | 80,000 | 100,054 | 0 | 0 | 0 | 180,054 |
| Matthew M. PartridgeEmployee director · Partial-year service | 0 | 0 | 0 | — | 0 | 0 |
| Anthony F. MassaroNot independent | 0 | 0 | 0 | 0 | 0 | 0 |
| Anton NikodemusEmployee director · Not standing for re-election · Departed during FY | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $100,054 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $255,000 |
| Equity awards (grant-date value) | $300,162 |
| All other compensation | $0 |
| Total cost of the board | $555,162 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Seaport Entertainment Group Inc. | 2025 | Anton Nikodemus | $840,144 | $0 | $0 | $0 | $4,624,377 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Anton Nikodemus | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Summary Compensation Table”. As printed: 4,624,377. Filing ↗machine: t61 · r8 · c17 · span 259119–259128 |
| 2 | Section 01, Matthew Partridge | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Summary Compensation Table”. As printed: 3,556,566. Filing ↗machine: t61 · r2 · c17 · span 231271–231280 |
| 3 | Section 01, Lenah Elaiwat | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Summary Compensation Table”. As printed: 951,182. Filing ↗machine: t61 · r5 · c17 · span 245342–245349 |
| 4 | Section 01, Lucy Fato | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Summary Compensation Table”. As printed: 898,849. Filing ↗machine: t61 · r6 · c17 · span 250020–250027 |
| 5 | Section 03, Matthew Partridge RSU | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “BOARD OF DIRECTORS LEADERSHIP STRUCTURE” · grants of plan-based awards table. Filing ↗machine: t61 · r2 · c9 · span 229160–229169 |
| 6 | Section 03, Lucy Fato RSU | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “BOARD OF DIRECTORS LEADERSHIP STRUCTURE” · grants of plan-based awards table. Filing ↗machine: t61 · r6 · c9 · span 248027–248034 |
| 7 | Section 03, Lenah Elaiwat RSU | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “BOARD OF DIRECTORS LEADERSHIP STRUCTURE” · grants of plan-based awards table. Filing ↗machine: t61 · r5 · c9 · span 243501–243508 |
| 8 | Section 03, Matthew Partridge OPTION | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “BOARD OF DIRECTORS LEADERSHIP STRUCTURE” · grants of plan-based awards table. Filing ↗machine: t61 · r2 · c11 · span 229689–229696 |
| 9 | Section 07, pay ratio | 10-K | 2026-03-04 | 0001104659-26-023561 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 10 | Section 08, Michael A. Crawford | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 191,304. Filing ↗machine: t120 · r1 · c6 · span 494059–494066 |
| 11 | Section 08, David Z. Hirsh | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 183,804. Filing ↗machine: t120 · r3 · c6 · span 497323–497330 |
| 12 | Section 08, Monica S. Digilio | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 180,054. Filing ↗machine: t120 · r2 · c6 · span 495630–495637 |
| 13 | Section 08, Matthew M. Partridge | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Anthony F. Massaro | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Anton Nikodemus | DEF 14A | 2026-04-23 | 0001104659-26-047710 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 02, David Z. Hirsh 2026-06-15 | Form 4 | 2026-06-16 | 0001848554-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Monica S. Digilio 2026-06-15 | Form 4 | 2026-06-16 | 0001753207-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Michael A. Crawford 2026-06-15 | Form 4 | 2026-06-16 | 0001816348-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 20 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 21 | Section 09b board cost (computed) | Computed | — | computed | Cash 255,000 + equity 300,162 + all other 0 = 555,162, summed across the director compensation table rows.machine: formula: Σ = 555,162 |
| 22 | Seaport Entertainment Group Inc. (subject), Section 10b CEO total | DEF 14A | 2026-04-23 | 0001104659-26-047710 | CEO total compensation as printed in Seaport Entertainment Group Inc.'s own proxy. As printed: 4,624,377. Filing ↗machine: t61 · r8 · c17 · span 259119–259128 |