EastGroup Properties (EGP) President receives 1,695-share equity award grant

Rhea-AI Filing Summary

Dunbar Richard Reid reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties President Richard Reid Dunbar reported receiving a grant of 1,695 shares of common stock as an equity award. The reported price per share was $0.00, and his directly held ownership increased to 26,038 shares following this award.

The shares are time-based restricted stock granted under the company’s 2023 Equity Incentive Plan. They vest in four installments: one-fourth when the compensation committee certifies the goals tied to 2026 performance-based awards, and one-fourth on each of January 1, 2028, 2029, and 2030.

SEC Form 4

FORM 4

UNITED 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

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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^*

Dunbar Richard Reid

(Last) (First) (Middle)

C/O EASTGROUP PROPERTIES, INC.,

400 WEST PARKWAY PLACE, SUITE 100

(Street)

RIDGELAND MS 39157

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EASTGROUP PROPERTIES INC [ EGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		A		1,695(1)	A	$0	26,038	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan. These restricted shares vest one-fourth on the date the Issuer's Compensation Committee certifies the satisfaction of the goals related to the 2026 performance-based awards and one-fourth on each of January 1, 2028, 2029 and 2030.

Remarks:

	/s/ Whitney Denham, Attorney-in-Fact for Richard Reid Dunbar	02/27/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did EastGroup Properties (EGP) report for Richard Reid Dunbar?

EastGroup Properties reported that President Richard Reid Dunbar received a grant of 1,695 shares of common stock. This was an equity award under the 2023 Equity Incentive Plan, increasing his directly held stake to 26,038 shares after the transaction.

Was the EastGroup Properties (EGP) insider stock award a purchase or a grant?

The transaction was a grant of shares, not an open-market purchase. It is classified as a grant, award, or other acquisition, with a reported price of $0.00 per share, reflecting equity compensation rather than a cash-funded stock buy.

How do the restricted shares granted to EastGroup Properties (EGP) President vest?

The 1,695 restricted shares vest in four tranches. One-fourth vests when the compensation committee certifies goals related to 2026 performance-based awards, and the remaining three-fourths vest on January 1, 2028, January 1, 2029, and January 1, 2030.

What equity plan governs the latest EastGroup Properties (EGP) insider award?

The award to President Richard Reid Dunbar was made under EastGroup Properties’ 2023 Equity Incentive Plan. This plan provides for time-based restricted share grants that vest over multiple years, aligning executive compensation with long-term company performance milestones.

How many EastGroup Properties (EGP) shares does the insider hold after the award?

After receiving the 1,695-share restricted stock grant, President Richard Reid Dunbar directly holds 26,038 shares of EastGroup Properties common stock. This figure reflects his ownership immediately following the reported equity award transaction.