ST JOE Co — Director's Dealing 2023

Aug 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ST JOE Co (JOE)
CIK: 0000745308
Period of Report: 2023-08-07

Reporting Person: BERKOWITZ BRUCE R (Director, 10% Owner)
Reporting Person: FAIRHOLME FUNDS INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-07	Common Stock	S	46900	$61.57	Disposed	20048691	Direct
2023-08-08	Common Stock	S	66200	$62.58	Disposed	19982491	Direct
2023-08-09	Common Stock	S	38500	$63.13	Disposed	19943991	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	606866	Direct

Footnotes

F1: The reported transactions were in securities held by The Fairholme Fund, a series of Fairholme Funds, Inc. (the "Fairholme Fund"). The securities may be deemed to be beneficially owned by Mr. Bruce R. Berkowitz ("Mr. Berkowitz") because he controls the sole member of Fairholme Capital Management, LLC ("Fairholme"), which may be deemed to have beneficial ownership of the securities because Fairholme serves as the investment manager to the Fairholme Fund. Mr. Berkowitz and Fairholme disclaim beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that Mr. Berkowitz and Fairholme are the beneficial owners of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F2: The reported securities are directly owned by Mr. Berkowitz.