Executive at Easterly Government (NYSE: DEA) granted 1,120 LTIP units

Rhea-AI Filing Summary

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Logan Franklin V.

(Last) (First) (Middle)

C/O EASTERLY GOVERNMENT PROPERTIES, INC.

2001 K STREET NW, SUITE 775 NORTH

(Street)

WASHINGTON DC 20006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Easterly Government Properties, Inc. [ DEA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GC & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LTIP Units(1)	(2)	01/20/2026		A		1,120		(2)(3)	(2)	Common Stock	1,120	$0	1,120(3)	D

Explanation of Responses:

1. Represents LTIP Units in Easterly Government Properties LP (the "Operating Partnership"), of which the Issuer is the general partner, that were granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, subject to certain performance vesting hurdles based on the Issuer's performance from January 3, 2023 through December 31, 2025 ("LTIP Unit Award"), and a portion of which were earned upon the determination by the Issuer's compensation committee that the performance vesting hurdles had been achieved.

2. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Operating Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The rights to convert vested LTIP Units into Common Units and redeem Common Units do not have expiration dates.

3. The total number of derivative securities represents the aggregate of all LTIP Units earned by the reporting person pursuant to the LTIP Unit Award. LTIP Units vested when earned.

	/s/ Franklin V. Logan	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Easterly Government Properties (DEA) report in this Form 4?

The filing shows that EVP, General Counsel and Secretary Franklin V. Logan was awarded 1,120 LTIP Units on January 20, 2026 as long‑term incentive compensation.

Who is the reporting person in this Easterly Government Properties (DEA) Form 4?

The reporting person is Franklin V. Logan, who serves as EVP, General Counsel & Secretary of Easterly Government Properties, Inc.

How many LTIP Units did the Easterly Government Properties (DEA) executive earn?

Franklin V. Logan earned 1,120 LTIP Units, and he held 1,120 derivative securities following the reported transaction.

What performance period determines the LTIP Unit Award for Easterly Government Properties (DEA)?

The LTIP Units were tied to performance vesting hurdles based on the issuer’s performance from January 3, 2023 through December 31, 2025 under the LTIP Unit Award.

How can the LTIP Units for Easterly Government Properties (DEA) be settled?

Each vested LTIP Unit may be converted into a Common Unit of the operating partnership, which can then be redeemed for cash equal to the fair market value of a common share, or, at the company’s election, for one share of common stock per Common Unit.

Do the Easterly Government Properties (DEA) LTIP Units have an expiration date?

According to the filing, the rights to convert vested LTIP Units into Common Units and to redeem those Common Units do not have expiration dates.

When are Easterly Government Properties (DEA) LTIP Units generally convertible?

LTIP Units are generally not convertible without the issuer’s consent until two years from the date of grant.