EastGroup (NYSE: EGP) director sells 504 shares at $195.77
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EastGroup Properties director David Michael Fields reported an open-market sale of 504 shares of Common Stock at $195.77 per share. After this transaction, he directly owns 3,531 shares. The filing reflects a single sale transaction with no derivative exercises or tax-related share movements.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 504 shares ($98,668)
Net Sell
1 txn
Insider
Fields David Michael
Role
null
Sold
504 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 504 | $195.77 | $99K |
Holdings After Transaction:
Common Stock — 3,531 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 504 shares
Sale price per share: $195.77 per share
Shares held after sale: 3,531 shares
3 metrics
Shares sold
504 shares
Open-market sale of Common Stock
Sale price per share
$195.77 per share
Reported transaction price
Shares held after sale
3,531 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Stock, transaction code S
3 terms
open-market sale financial
"transaction_action is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title for the transaction is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code S financial
"transaction_code is S indicating a sale transaction"
FAQ
What insider transaction did EastGroup Properties (EGP) report in this Form 4?
EastGroup Properties director David Michael Fields reported selling 504 shares of Common Stock. The sale was an open-market transaction disclosed in a Form 4 insider trading report filed with regulators.
Was the EastGroup Properties (EGP) Form 4 transaction a buy or a sell?
The Form 4 shows a sell transaction. It records an open-market sale of 504 shares of EastGroup Properties Common Stock by director David Michael Fields, coded as a sale (transaction code S).
Did the EastGroup Properties (EGP) Form 4 include any option exercises or derivatives?
The Form 4 does not report any option exercises or derivative transactions. It lists only one non-derivative transaction: an open-market sale of 504 shares of Common Stock by the reporting director.