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EastGroup Properties (EGP) CEO Loeb reports vested stock and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

EastGroup Properties Inc. Chief Executive Officer and director Marshall A. Loeb reported an equity transaction involving company common stock. On January 1, 2026, 10,845 restricted shares vested, and he instructed the company to withhold 4,754 shares to cover tax withholding obligations under EastGroup’s 2013 and 2023 Equity Incentive Plans. The shares were withheld at a price of $178.14 per share. After this tax withholding transaction, Loeb beneficially owned 141,799 shares of EastGroup Properties common stock in direct ownership.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
LOEB MARSHALL A

(Last) (First) (Middle)
C/O EASTGROUP PROPERTIES, INC.,
400 WEST PARKWAY PLACE, SUITE 100

(Street)
RIDGELAND MS 39157

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EASTGROUP PROPERTIES INC [ EGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
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
Common Stock 01/01/2026 F 4,754(1) D $178.14 141,799 D
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
Explanation of Responses:
1. On January 1, 2026, 10,845 restricted shares vested and the Reporting Person instructed the Issuer to withhold 4,754 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.
Remarks:
/s/Ceejaye Peters, Attorney-in-Fact for Marshall A. Loeb 01/05/2026
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did EGP report for Marshall A. Loeb?

Marshall A. Loeb, Chief Executive Officer and director of EastGroup Properties Inc. (EGP), reported a transaction where vested restricted shares were used in part to cover tax withholding obligations.

How many EastGroup Properties (EGP) restricted shares vested for the CEO?

On January 1, 2026, a total of 10,845 restricted shares of EastGroup Properties common stock vested for Marshall A. Loeb.

How many EGP shares were withheld for taxes in this transaction?

The company withheld 4,754 shares of EastGroup Properties common stock from the vested restricted shares to cover Marshall A. Loeb’s tax withholding obligations.

At what price were the withheld EastGroup Properties shares valued?

The 4,754 shares withheld for taxes were valued at $178.14 per share.

How many EastGroup Properties (EGP) shares does Marshall A. Loeb own after the transaction?

Following the reported transaction, Marshall A. Loeb beneficially owned 141,799 shares of EastGroup Properties common stock in direct ownership.

What is Marshall A. Loeb’s relationship to EastGroup Properties?

Marshall A. Loeb is both a director and the Chief Executive Officer of EastGroup Properties Inc.

Under which plans did the EastGroup Properties restricted shares vest?

The 10,845 restricted shares vested under EastGroup Properties’ 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.

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United States
RIDGELAND