EastGroup Properties CFO reports tax withholding stock transaction
EastGroup Properties executive reports tax withholding share transaction EastGroup Properties Inc. reported an insider equity transaction involving its Executive Vice President and Chief Financial Officer.
Rhea-AI Filing Summary
EastGroup Properties executive reports tax withholding share transaction
EastGroup Properties Inc. reported an insider equity transaction involving its Executive Vice President and Chief Financial Officer. On January 1, 2026, 1,468 restricted shares of common stock vested for the officer. To cover tax withholding obligations related to this vesting, the officer instructed the company to withhold 689 shares under EastGroup’s 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan. The transaction price reported for the withheld shares was $178.14 per share.
After this transaction, the officer beneficially owned 11,937 shares of EastGroup Properties common stock in direct ownership. The filing indicates this was a routine equity compensation and tax withholding event rather than an open-market sale.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 689 | $178.14 | $123K |
Footnotes (1)
- F1. On January 1, 2026, 1,468 restricted shares vested and the Reporting Person instructed the Issuer to withhold 689 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.
FAQ
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What insider transaction did EastGroup Properties (EGP) report in this filing?
Is this EastGroup Properties (EGP) insider transaction an open-market sale?
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