EastGroup (NYSE: EGP) CEO awarded 5,888 time-based restricted shares

Rhea-AI Filing Summary

EastGroup Properties reported that Chief Executive Officer Marshall A. Loeb acquired 5,888 shares of common stock through a grant of time-based restricted shares under the company’s 2023 Equity Incentive Plan. Following this award, his direct holdings total 167,634 common shares.

The restricted shares vest in stages: one-fourth when the Compensation Committee certifies satisfaction of goals tied to 2026 performance-based awards, and the remaining one-fourth on each of January 1, 2028, 2029, and 2030. This structure ties executive compensation to long-term performance milestones.

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^*

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)
02/25/2026

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	02/25/2026		A		5,888(1)	A	$0	167,634	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. Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan. These restricted shares vest one-fourth on the date the Issuer's Compensation Committee certifies the satisfaction of the goals related to the 2026 performance-based awards and one-fourth on each of January 1, 2028, 2029 and 2030.

Remarks:

	/s/ Whitney Denham, Attorney-in-Fact for Marshall A. Loeb	02/27/2026
	** 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).
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FAQ

What insider transaction did EastGroup Properties (EGP) disclose for its CEO?

EastGroup Properties disclosed that CEO Marshall A. Loeb received 5,888 time-based restricted common shares. The award was granted under the 2023 Equity Incentive Plan, increasing his direct holdings to 167,634 shares and aligning compensation with multi-year performance and service conditions.

How many EastGroup Properties (EGP) shares does the CEO hold after this grant?

After the restricted share grant, CEO Marshall A. Loeb directly owns 167,634 common shares of EastGroup Properties. This total includes the newly awarded 5,888 time-based restricted shares, which are subject to a multi-year vesting schedule tied to performance goals and specific future dates.

What type of shares were granted to the EastGroup Properties (EGP) CEO?

The CEO received time-based restricted shares of EastGroup Properties common stock. The grant covers 5,888 shares issued at no cash cost, under the 2023 Equity Incentive Plan, and becomes fully owned only as the vesting and performance conditions are satisfied over several years.

How do the new restricted shares for EastGroup Properties (EGP) CEO vest?

The 5,888 restricted shares vest in four equal portions. One-fourth vests when the Compensation Committee certifies goals related to 2026 performance-based awards, and the remaining quarters vest on January 1, 2028, January 1, 2029, and January 1, 2030, subject to plan conditions.

Under which plan were the EastGroup Properties (EGP) CEO’s restricted shares granted?

The restricted shares were granted under EastGroup Properties’ 2023 Equity Incentive Plan. This plan authorizes equity-based awards, such as time-based restricted shares, designed to link executive compensation to company performance and long-term shareholder interests through structured vesting requirements.

Was the EastGroup Properties (EGP) CEO’s share grant a market purchase?

No, the CEO’s 5,888-share increase came from a grant, not a market purchase. The Form 4 shows transaction code “A” for a grant or award, with a per-share transaction price of $0.0000, indicating compensation rather than an open-market buy or sell.