STOCK TITAN

EastGroup (EGP) director receives 707-share annual equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ALOIAN D PIKE reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties director D. Pike Aloian reported an equity grant and updated holdings. On May 29, 2026, Aloian received a grant of 707 restricted shares of common stock as an annual equity retainer under the company’s 2023 Equity Incentive Plan. The grant carried a stated price of $0.00 per share and is compensation, not a market purchase.

These restricted shares vest 100% on the earlier of one year from grant or the next annual stockholder meeting. After this award, Aloian directly holds 28,694 common shares. An additional 7,522 shares are held indirectly by the spouse, and Aloian disclaims beneficial ownership of those securities.

Positive

  • None.

Negative

  • None.
Insider ALOIAN D PIKE
Role null
Type Security Shares Price Value
Grant/Award Common Stock 707 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 28,694 shares (Direct, null); Common Stock — 7,522 shares (Indirect, By spouse)
Footnotes (1)
  1. Annual equity retainer award of restricted shares of common stock granted in accordance with the Independent Director Compensation Policy adopted pursuant to the EastGroup Properties, Inc. 2023 Equity Incentive Plan. These restricted shares vest one hundred percent (100%) on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders following the date of grant. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Restricted shares granted 707 shares Annual equity retainer grant on May 29, 2026
Grant price $0.00 per share Restricted share award compensation value per share
Direct holdings after grant 28,694 shares Common stock directly held following the reported transaction
Indirect spouse holdings 7,522 shares Common stock held by spouse; beneficial ownership disclaimed
restricted shares financial
"Annual equity retainer award of restricted shares of common stock granted in accordance"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Independent Director Compensation Policy financial
"granted in accordance with the Independent Director Compensation Policy adopted"
2023 Equity Incentive Plan financial
"adopted pursuant to the EastGroup Properties, Inc. 2023 Equity Incentive Plan"
vest financial
"These restricted shares vest one hundred percent (100%) on the earlier of"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
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SEC Form 4
FORM 4UNITED 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*
ALOIAN D PIKE

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

(Street)
RIDGELAND MISSISSIPPI 39157

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EASTGROUP PROPERTIES INC [ EGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026A707(1)A$028,694D
Common Stock7,522IBy spouse(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Annual equity retainer award of restricted shares of common stock granted in accordance with the Independent Director Compensation Policy adopted pursuant to the EastGroup Properties, Inc. 2023 Equity Incentive Plan. These restricted shares vest one hundred percent (100%) on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders following the date of grant.
2. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Remarks:
/s/Ceejaye Peters, Attorney-in-Fact for D. Pike Aloian06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did EastGroup Properties (EGP) director D. Pike Aloian report on this Form 4?

Director D. Pike Aloian reported receiving an annual grant of 707 restricted shares of EastGroup Properties common stock. The filing also updated his direct holdings to 28,694 shares and disclosed 7,522 shares held indirectly by his spouse.

How many EastGroup Properties (EGP) shares were granted to the director?

The director received 707 restricted shares of EastGroup Properties common stock. This award is an annual equity retainer granted under the company’s 2023 Equity Incentive Plan for independent directors, with no cash price per share shown in the filing.

What are the vesting terms of the 707 restricted EastGroup (EGP) shares?

The 707 restricted shares vest 100% on the earlier of one year from the grant date or the next annual meeting of EastGroup stockholders. This aligns the independent director’s compensation with shareholder interests over that period.

What are D. Pike Aloian’s direct EastGroup (EGP) holdings after this transaction?

After the grant, D. Pike Aloian directly holds 28,694 shares of EastGroup Properties common stock. This total reflects the newly awarded restricted shares plus his existing direct stake reported in the filing.

What indirect EastGroup (EGP) holdings are reported for the director’s spouse?

The filing shows 7,522 shares of EastGroup Properties common stock held indirectly by the director’s spouse. Aloian expressly disclaims beneficial ownership of these securities for Section 16 and other legal purposes, according to the footnote disclosure.

Was the EastGroup (EGP) director’s Form 4 transaction a market purchase or sale?

The Form 4 does not show a market purchase or sale. It reports an equity award of 707 restricted shares at a stated price of $0.00 per share as compensation under the company’s director equity incentive plan.