EastGroup EVP reports 2,997-share stake
EastGroup Properties’ Executive Vice President Todd A. Johnson has filed an initial ownership report showing his stake in the company.
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Rhea-AI Filing Summary
EastGroup Properties’ Executive Vice President Todd A. Johnson has filed an initial ownership report showing his stake in the company. He beneficially owns 2,997 shares of common stock, including 1,871 time-based restricted shares granted under the 2023 Equity Incentive Plan.
Of these restricted shares, 660 vest ratably on each of January 1, 2027, 2028 and 2029, 1,000 vest ratably on each of January 1, 2027, 2028, 2029 and 2030, and 211 vest ratably based on 2026 performance goals, beginning when the compensation committee certifies results, expected in February 2027, and on January 1, 2028, 2029 and 2030.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes 1,871 shares of time-based restricted shares granted pursuant to the Issuer's 2023 Equity Incentive Plan. 660 of the shares vest ratably on each of January 1, 2027, 2028 and 2029; 1,000 of the shares vest ratably on each of January 1, 2027, 2028, 2029 and 2030; and 211 of the shares vest ratably on the date the Issuer's Compensation Committee certifies the satisfaction of the goals related to the 2026 performance-based awards, which is expected to occur in February 2027, and each of January 1, 2028, 2029 and 2030.
Key Figures
Key Terms
2023 Equity Incentive Plan financial
performance-based awards financial
FAQ
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What does Todd A. Johnson’s Form 3 filing for EGP show?
Does Todd A. Johnson’s EGP Form 3 indicate any recent stock purchases or sales?
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