Welcome to our dedicated page for Easterly Govt Pptys SEC filings (Ticker: DEA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Easterly Government Properties, Inc. (NYSE: DEA) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI‑supported summaries to help interpret complex documents. As a Washington, D.C.-based real estate investment trust focused primarily on Class A commercial properties leased to the U.S. Government and public sector tenants, Easterly uses its SEC filings to report on portfolio performance, capital structure, governance, and compensation programs.
Through this page, users can review annual reports on Form 10-K and quarterly reports on Form 10-Q, which typically include details on the number of operating properties, leased square footage, tenant composition across federal, state, local government and private tenants, and weighted average lease terms. These reports also discuss Funds From Operations (FFO), Core Funds From Operations (Core FFO), Cash Available for Distribution (CAD), EBITDA, Net Debt, and Adjusted Net Debt, with reconciliations to GAAP measures. Stock Titan’s AI tools highlight key sections so readers can quickly understand how these metrics relate to Easterly’s government‑leased portfolio and dividend capacity.
The filings page also surfaces current reports on Form 8-K, where Easterly discloses material events such as quarterly earnings releases, amendments and upsizing of senior unsecured term loans, changes to credit facilities, and adoption of performance‑based long‑term incentive units (LTIP Units) for executives and directors. AI‑generated overviews summarize the main points of each 8‑K, including the nature of new financing arrangements or equity incentive plans and their potential implications for shareholders.
Investors can additionally monitor proxy statements related to governance and executive compensation, as well as Form 4 insider transaction reports when available, to see how members of management and the board are compensated and how their interests are aligned with long‑term stock performance. Real‑time EDGAR updates combined with AI‑driven explanations make it easier to track DEA’s regulatory history, understand its balance sheet and leasing profile, and follow changes in its capital markets activity without manually parsing every filing.
Easterly Government Properties President & CEO Darrell W. Crate reported equity incentive conversions rather than open‑market trades. On February 24, 2026, 31,488 LTIP Units in the operating partnership were exchanged into an equal number of common units and then redeemed for 31,488 shares of common stock issued to Easterly Capital LLC, an entity wholly owned by him. Following this derivative conversion, Easterly Capital LLC held 300,079 shares of Easterly Government Properties common stock indirectly, with amounts reflected on a post–reverse‑split basis. The LTIP Units involved were previously granted as long‑term incentive compensation, subject to performance‑ and service‑based vesting conditions.
Easterly Government Properties, Inc. files its annual report describing a REIT focused on Class A properties leased primarily to U.S. Government agencies. As of December 31, 2025, it wholly owned 93 operating properties and held interests in 10 more through a joint venture, totaling about 10.4 million leased square feet, with 97% leased and roughly 90% of revenue from government tenants.
The company highlights long weighted average lease terms of about 9.5 years, a concentrated tenant base led by the VA, FBI and DEA, and a sizable debt load of approximately
The filing also notes U.S. tax law changes under the One Big Beautiful Bill Act, including a higher 25% cap on taxable REIT subsidiary assets from 2026 and a permanent 20% qualified REIT dividend deduction for individuals, reinforcing management’s expectation to continue qualifying as a REIT.
Easterly Government Properties reported mixed fourth quarter and full-year 2025 results. For Q4 2025, revenue was $87.0 million, up from $78.3 million a year earlier, while net income declined to $4.8 million, or $0.10 per fully diluted share, from $5.7 million. Core FFO grew to $36.8 million, or $0.77 per fully diluted share, compared with $32.6 million, or $0.73.
For the full year 2025, revenue increased to $336.1 million from $302.1 million, but net income fell to $13.6 million from $20.6 million. Full-year Core FFO rose to $140.1 million, or $2.99 per fully diluted share, while Cash Available for Distribution improved to $118.8 million from $100.9 million. Net debt stood at $1.65 billion, equal to 7.5x annualized quarterly EBITDA, supported by a largely fixed-rate, long-maturity debt structure and a predominantly U.S. government–leased portfolio with a weighted average remaining lease term of 9.5 years.
Easterly Government Properties, Inc. reported that President and CEO Darrell W. Crate acquired 245 LTIP Units as a grant of long-term incentive compensation at a price of
These LTIP Units were earned after the compensation committee determined performance vesting hurdles tied to the company’s results from
Easterly Government Properties EVP, GC & Secretary Logan Franklin V. reported an acquisition of 19 LTIP Units in Easterly Government Properties LP on February 18, 2026. These LTIP Units were granted at a price of $0.0000 per unit as long-term incentive compensation under the 2015 Equity Incentive Plan.
The award was earned after the compensation committee determined that performance hurdles based on the company’s results from January 3, 2023 through December 31, 2025 were achieved. Following this grant, Franklin holds 1,139 LTIP Units in total. Vested LTIP Units may later be converted into operating partnership common units and then redeemed for cash equal to the fair market value of a common share, or, at the issuer’s election, exchanged for one share of common stock instead.
Easterly Government Properties granted Executive Vice President and CFO Allison E. Marino 40 LTIP Units of Easterly Government Properties LP as long-term incentive compensation, bringing her total LTIP Units to 2,111.
The award was earned after the compensation committee determined that performance hurdles tied to company results from January 3, 2023 through December 31, 2025 had been achieved. Once vested and subject to certain tax allocation conditions, each LTIP Unit can be converted into a common partnership unit, which may then be redeemed for cash equal to the value of one common share or, at the company’s election, one share of common stock. LTIP Units are generally not convertible without company consent until two years from the grant date, and the rights to convert and redeem do not have expiration dates.
Easterly Government Properties EVP Michael P. Ibe received a grant of 245 LTIP Units in Easterly Government Properties LP as long-term incentive compensation under the 2015 Equity Incentive Plan. These units were earned after performance hurdles for the period from January 3, 2023 through December 31, 2025 were achieved, bringing his total LTIP Units to 13,345.
Vested LTIP Units may be converted into common partnership units, which can then be redeemed for cash equal to the fair market value of a share of common stock, or, at the issuer’s election, for one share of common stock per unit. Conversion generally is not permitted without issuer consent until two years after grant, and the conversion and redemption rights do not have expiration dates.
Easterly Government Properties, Inc. executive Allison E. Marino, EVP and CFO, received a grant of 2,071 LTIP Units on January 20, 2026 as long-term incentive compensation. These LTIP Units were awarded under the company’s 2015 Equity Incentive Plan after the compensation committee determined that specific performance hurdles for the 2023–2025 period had been achieved.
Once vested and subject to tax allocation conditions, each LTIP Unit may be converted into a common partnership unit in Easterly Government Properties LP, which can then be redeemed for either cash equal to the value of one share of common stock or, at the issuer’s election, one share of common stock. The LTIP Units generally are not convertible without the issuer’s consent until two years from the grant date, and the conversion and redemption rights do not have expiration dates.
Easterly Government Properties, Inc. reported a new equity incentive grant to its President and CEO, Darrell W. Crate. On January 20, 2026, he was awarded 13,100 LTIP Units of Easterly Government Properties LP as long-term incentive compensation under the company’s 2015 Equity Incentive Plan.
The LTIP Units are tied to performance hurdles based on the company’s results from January 3, 2023 through December 31, 2025, and were earned after the compensation committee determined those hurdles had been achieved. Following this grant, Crate beneficially owns 13,100 LTIP Units, held directly.
Each vested LTIP Unit can be converted, at the holder’s election and subject to tax allocation conditions and issuer consent rules, into a common partnership unit, which may then be redeemed for cash equal to the fair market value of a share of Easterly’s common stock, or, at the issuer’s election, settled in one share of common stock. The rights to convert and redeem do not have expiration dates.
Easterly Government Properties, Inc. reported that its EVP, General Counsel and Secretary, Franklin V. Logan, received an award of 1,120 LTIP Units on January 20, 2026 as long‑term incentive compensation. The LTIP Units were granted under the company’s 2015 Equity Incentive Plan and were tied to performance hurdles based on the company’s results from January 3, 2023 through December 31, 2025, with a portion earned after the compensation committee determined those hurdles had been achieved.
Each vested LTIP Unit can be converted into a common unit of limited partnership interest in Easterly Government Properties LP and then redeemed, at the holder’s election, for cash equal to the fair market value of one share of common stock, while the company may choose instead to deliver one share of common stock per unit. LTIP Units generally are not convertible without the company’s consent until two years from grant, and the rights to convert and redeem do not have expiration dates.