STOCK TITAN

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

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

Rhea-AI Filing Summary

BOLTON H ERIC JR reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties Inc reported that director Eric H. Bolton Jr. received a grant of 707 shares of Common Stock as an annual equity retainer under the company’s 2023 Equity Incentive Plan. These restricted shares vest 100% on the earlier of one year from grant or the next annual stockholder meeting.

After this grant, Bolton directly holds 16,316 shares of EastGroup Properties common stock. The grant reflects standard independent director compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider BOLTON H ERIC JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 707 $0.00 --
Holdings After Transaction: Common Stock — 16,316 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 707 shares Annual equity retainer award on 2026-05-29
Total shares after grant 16,316 shares Director’s direct holdings following transaction
Grant price per share $0.00 per share Equity award, no cash paid by director
restricted shares of common stock financial
"Annual equity retainer award of restricted shares of common stock granted in accordance with the Independent Director Compensation Policy"
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 pursuant to the EastGroup Properties, Inc. 2023 Equity Incentive Plan"
2023 Equity Incentive Plan financial
"adopted pursuant to the EastGroup Properties, Inc. 2023 Equity Incentive Plan"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
BOLTON H ERIC JR

(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$016,316D
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 H. Eric Bolton, Jr.06/02/2026
** 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 Eric H. Bolton Jr.?

EastGroup Properties reported that director Eric H. Bolton Jr. received a grant of 707 shares of Common Stock. This was an annual equity retainer award, not an open-market trade, granted under the company’s 2023 Equity Incentive Plan as part of director compensation.

How many EastGroup Properties (EGP) shares were granted and what are the vesting terms?

Eric H. Bolton Jr. was granted 707 restricted shares of EastGroup Properties Common Stock. These shares vest 100% on the earlier of the one-year anniversary of the grant date or the date of the company’s next annual meeting of stockholders following the grant.

What is Eric H. Bolton Jr.’s total EastGroup Properties (EGP) holding after this Form 4 transaction?

Following the grant, Eric H. Bolton Jr. directly holds 16,316 shares of EastGroup Properties Common Stock. This total reflects his position after receiving the 707-share annual equity retainer award disclosed in the Form 4 insider transaction report.

Was the EastGroup Properties (EGP) share grant to Eric H. Bolton Jr. an open-market purchase?

No, the 707-share transaction was not an open-market purchase. It represents a grant or award of restricted shares as an annual equity retainer, issued at no cash cost per share under the company’s 2023 Equity Incentive Plan for independent directors.

Under what plan was the EastGroup Properties (EGP) equity grant to Eric H. Bolton Jr. made?

The equity grant was made under the EastGroup Properties, Inc. 2023 Equity Incentive Plan. It was issued pursuant to the company’s Independent Director Compensation Policy, which provides annual equity retainer awards of restricted common stock to independent board members.