STOCK TITAN

Director equity grant at EastGroup Properties (NYSE: EGP) adds 707 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
restricted shares of common stock financial
"Annual equity retainer award of restricted shares of common stock granted in accordance"
Restricted shares of common stock are company shares that cannot be sold or transferred until specific conditions are met, such as a set time period, performance targets, or regulatory approvals; they are often granted to founders, employees or early investors. They matter to investors because when the restrictions lift those shares can enter the market and increase the supply, potentially diluting existing holders and changing the stock’s price, similar to a locked faucet being opened and more water joining the flow.
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"
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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*
Colleran Donald F

(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$07,963D
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.
Remarks:
/s/Ceejaye Peters, Attorney-in-Fact for Donald F. Colleran06/02/2026
** 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 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.

How many EastGroup Properties (EGP) shares does Donald F. Colleran hold after this grant?

After the grant, Donald F. Colleran directly holds 7,963 shares of EastGroup Properties common stock. This total includes the newly awarded 707 restricted shares reported in the recent insider transaction filing.

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

The director received restricted shares of EastGroup Properties common stock. These restricted shares are subject to vesting conditions and were granted as an annual equity retainer under the company’s 2023 Equity Incentive Plan.

When do the restricted EastGroup Properties (EGP) shares granted to Donald F. Colleran vest?

The restricted shares vest 100% on the earlier of one year from the grant date or the date of EastGroup Properties’ next annual meeting of stockholders. This schedule ties vesting to either time-based or corporate-governance milestones.

Was the EastGroup Properties (EGP) director share grant an open-market purchase?

No, the director share grant was not an open-market purchase. It was a compensation-related award of 707 restricted shares, provided at no cash cost per share as part of the annual equity retainer program for independent directors.