EastGroup Properties (EGP) SVP & CAO discloses 5,319 common shares
Rhea-AI Filing Summary
EastGroup Properties, Inc. has disclosed the equity holdings of a senior executive. The reporting person, who serves as Senior Vice President and Chief Accounting Officer, beneficially owns 5,319 shares of common stock of EastGroup Properties Inc. These holdings include time-based restricted shares granted under the company’s 2013 and 2023 Equity Incentive Plans. Portions of these restricted shares are scheduled to vest on January 1 of each year from 2026 through 2030, with specific tranches vesting ratably over multi-year periods. The ownership is reported as held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes 425 shares of time-based restricted shares granted pursuant to the Issuer's 2013 Equity Incentive Plan, as amended. 125 of the shares vest on January 1, 2026; and 300 of the shares vest ratably on each of January 1, 2026 and 2027. Also includes 1,855 shares of time-based restricted shares granted pursuant to the Issuer's 2023 Equity Incentive Plan. 450 of the shares vest ratably on each of January 1, 2026, 2027 and 2028; 580 of the shares vest ratably on each of January 1, 2026, 2027, 2028 and 2029; and 825 of the shares vest ratably on each of January 1, 2026, 2027, 2028, 2029 and 2030.
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FAQ
What is the role of the reporting person at EastGroup Properties (EGP)?
The reporting person is an officer of EastGroup Properties Inc., serving as Senior Vice President and Chief Accounting Officer.
Is the EastGroup Properties (EGP) stock ownership held directly or indirectly?
The 5,319 shares of common stock reported by the executive are held in direct ownership, as indicated by the “D” classification.
Does this EastGroup Properties (EGP) filing report any derivative securities?
The table for derivative securities is included, but no derivative securities are listed as beneficially owned in the provided content.