Director equity grant at EastGroup Properties (NYSE: EGP) adds 707 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colleran Donald F reported acquisition or exercise transactions in this Form 4 filing.
EastGroup Properties director Donald F. Colleran received a grant of 707 restricted shares of common stock as an annual equity retainer under the company’s 2023 Equity Incentive Plan. The award vests 100% on the earlier of one year from grant or the next annual stockholders’ meeting, bringing his direct holdings to 7,963 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colleran Donald F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 707 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,963 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 707 shares
Shares held after grant: 7,963 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
Restricted shares granted
707 shares
Annual equity retainer award of restricted common stock
Shares held after grant
7,963 shares
Total direct EastGroup Properties common stock following the transaction
Grant price per share
$0.0000 per share
Compensation award, not an open-market purchase
Vesting condition
100% cliff vesting
Earlier of one-year anniversary of grant or next annual stockholders’ meeting
Transaction date
2026-05-29
Date of restricted share grant to the director
Key Terms
restricted shares of common stock, Independent Director Compensation Policy, 2023 Equity Incentive Plan, annual equity retainer award, +1 more
5 terms
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"
annual equity retainer award financial
"Annual equity retainer award of restricted shares of common stock granted"
annual meeting of stockholders financial
"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"
FAQ
What insider transaction did EastGroup Properties (EGP) report for Donald F. Colleran?
EastGroup Properties reported that director Donald F. Colleran received a grant of 707 restricted shares of common stock. The shares were awarded as part of his annual equity retainer under the company’s 2023 Equity Incentive Plan.