ST JOE Co: insider trades · United States · SEC (Form 4)

About ST JOE Co

The St. Joe Company (NYSE: JOE) is a U.S.-listed real estate development, asset management, and operating company headquartered in Panama City Beach, Florida, in the United States. The company’s roots trace back to the historic St. Joe Paper Company land base, but its current business model is very different from a passive land bank. Over time, St. Joe has evolved into an integrated developer and operator focused on converting its large land position into residential, commercial, and hospitality assets. Management has emphasized that the company owns a uniquely large land portfolio in a fast-growing part of Northwest Florida and is actively monetizing that footprint through development rather than relying solely on raw land sales. ([joe.com](https://www.joe.com/about?utm_source=openai)) St. Joe primarily reports three business segments: residential, hospitality, and commercial. In residential, the company develops and sells homesites, homes, and related residential products across master-planned communities along Florida’s Gulf Coast. In hospitality, it owns and operates clubs, golf courses, and leisure amenities, including beach and golf facilities that support the company’s residential communities and broader destination appeal. The commercial segment includes retail centers, office and mixed-use projects, lease-up assets, and land positioned for future commercial use. This mix gives St. Joe a blend of transactional development revenue and recurring income streams from leases and hospitality operations. ([sec.gov](https://www.sec.gov/Archives/edgar/data/745308/000155837025001603/joe-20241231x10k.htm?utm_source=openai)) From a competitive standpoint, the company’s main differentiator is scale and location. Its land holdings are concentrated in five Northwest Florida counties, an area benefiting from population growth, tourism, and continuing infrastructure and amenity investment. That geographic concentration supports long-duration development optionality and allows St. Joe to package residential communities with retail, services, and recreation. At the same time, the model remains exposed to housing-cycle volatility, mortgage availability, insurance costs, weather risk, and broader macroeconomic conditions affecting Florida real estate demand. ([joe.com](https://www.joe.com/about?utm_source=openai)) Recent developments have underscored the company’s execution. In 2025, St. Joe reported strong financial results, including higher revenue and net income, and the board maintained and increased the quarterly dividend during the year. The company also announced new national builder relationships, including PulteGroup, and continued to advance Watersound-branded projects such as retail, brokerage, title, and insurance-related offerings tied to its communities. For investors, St. Joe is a distinctive NYSE-listed U.S. real estate story: a Florida-focused land and development platform with a meaningful hospitality layer and a growing set of recurring commercial assets. ([ir.joe.com](https://ir.joe.com/news-releases/news-release-details/st-joe-company-reports-fourth-quarter-and-full-year-2025-results?utm_source=openai))