EastGroup Properties (EGP) EVP receives stock awards, withholds shares for tax

Rhea-AI Filing Summary

EastGroup Properties Executive Vice President Ryan M. Collins reported equity award activity involving the company’s common stock. On February 13, 2026, he acquired 4,066 restricted shares tied to the 2023 long-term incentive program and 1,604 restricted shares under the 2025 annual incentive program, both granted pursuant to the 2023 Equity Incentive Plan. The long-term incentive award vests three-fourths on the performance goal certification date of February 13, 2026 and one-fourth on January 1, 2027, while the annual incentive award vests one-third on February 13, 2026 and one-third on each of January 1, 2027 and January 1, 2028. On the same date, 3,808 previously granted restricted shares vested, and 1,938 shares were withheld at $190.92 per share to cover tax obligations, leaving 21,509 shares of common stock held directly after these transactions.

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

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^*

Collins Ryan M

(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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		A		4,066(1)	A	$0	21,843	D
Common Stock	02/13/2026		A		1,604(2)	A	$0	23,447	D
Common Stock	02/13/2026		F		1,938(3)	D	$190.92	21,509	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. Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2023 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest three-fourths on the performance goal certification date (February 13, 2026) and one-fourth on January 1, 2027.

2. Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2025 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest one-third on the performance goal certification date (February 13, 2026) and one-third on each of January 1, 2027 and 2028.

3. On February 13, 2026, 3,808 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,938 shares to cover tax withholding obligations as permitted under the Issuer's 2023 Equity Incentive Plan.

Remarks:

	/s/Ceejaye Peters, Attorney-in-Fact for Ryan M. Collins	02/18/2026
	** 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).
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.

FAQ

What insider transactions did EGP executive Ryan M. Collins report?

Ryan M. Collins reported equity award activity, receiving two grants of restricted common stock and a tax-related share withholding. He was awarded 4,066 shares under a 2023 long-term incentive program and 1,604 shares under a 2025 annual incentive program, with 1,938 shares withheld for taxes.

How many EastGroup Properties (EGP) shares did Collins acquire and dispose of?

Collins acquired 4,066 restricted shares and 1,604 restricted shares, all at zero purchase price as incentive awards. He then disposed of 1,938 shares through tax withholding when 3,808 previously granted restricted shares vested, reflecting a non-market transaction to satisfy tax obligations.

What are the vesting schedules for the new EGP restricted stock awards?

The 4,066-share long-term incentive award vests three-fourths on February 13, 2026 and one-fourth on January 1, 2027. The 1,604-share annual incentive award vests one-third on February 13, 2026 and one-third on each of January 1, 2027 and January 1, 2028, subject to the plan terms.

Why were 1,938 EastGroup Properties shares withheld from Ryan M. Collins?

On February 13, 2026, 3,808 restricted shares vested for Collins, and he instructed the company to withhold 1,938 shares. This withholding, at a price of $190.92 per share, was used to cover tax withholding obligations permitted under EastGroup’s 2023 Equity Incentive Plan.

How many EGP shares does Ryan M. Collins hold after these transactions?

After the reported transactions, Collins directly holds 21,509 shares of EastGroup Properties common stock. This figure reflects the newly issued restricted shares and the 1,938 shares withheld for taxes when previously granted restricted stock vested under the company’s 2023 Equity Incentive Plan.

What equity plans are involved in Ryan M. Collins’s EGP stock awards?

Both restricted stock issuances were granted under EastGroup Properties’ 2023 Equity Incentive Plan. One award relates to the 2023 long-term incentive program, while the other is tied to the 2025 annual incentive program, each with its own performance-based vesting schedule.