EastGroup director granted 707 restricted shares
BOLTON H ERIC JR reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 707 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Independent Director Compensation Policy financial
2023 Equity Incentive Plan financial
FAQ
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What insider transaction did EastGroup Properties (EGP) report for Eric H. Bolton Jr.?
What is Eric H. Bolton Jr.’s total EastGroup Properties (EGP) holding after this Form 4 transaction?
Under what plan was the EastGroup Properties (EGP) equity grant to Eric H. Bolton Jr. made?
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