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EastGroup Properties (EGP) CFO receives 930 restricted stock units in equity grant

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

Rhea-AI Filing Summary

EastGroup Properties Inc. reported that Executive Vice President and CFO Staci H. Tyler acquired 930 shares of common stock as a grant under the company’s 2023 Equity Incentive Plan. The award is in the form of time-based restricted shares at a price of $0.00 per share, bringing her direct holdings to 15,309 shares following the transaction.

The restricted shares vest in four equal parts. One-fourth vests on the date the Compensation Committee certifies the satisfaction of goals tied to the 2026 performance-based awards, and the remaining one-fourth portions vest on January 1, 2028, January 1, 2029, and January 1, 2030.

Positive

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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*
Tyler Staci H.

(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, CFO
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 930(1) A $0 15,309 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 Staci H. Tyler 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).
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 transaction did EastGroup Properties (EGP) report for Staci H. Tyler?

EastGroup Properties reported that Executive Vice President and CFO Staci H. Tyler received a grant of 930 time-based restricted common shares. The award was made at $0.00 per share under the 2023 Equity Incentive Plan, increasing her direct holdings to 15,309 shares.

How many EastGroup Properties (EGP) shares does the CFO hold after this Form 4 transaction?

After the reported grant, CFO Staci H. Tyler directly holds 15,309 EastGroup Properties common shares. This figure includes the newly awarded 930 restricted shares granted under the 2023 Equity Incentive Plan as part of her equity-based compensation package.

What type of equity award did EastGroup Properties (EGP) grant to its CFO?

The company granted time-based restricted shares of common stock to its CFO. The Form 4 shows 930 restricted shares awarded at $0.00 per share under the 2023 Equity Incentive Plan, reflecting a non-cash, stock-based compensation grant rather than an open-market purchase.

What is the vesting schedule for the 930 restricted shares at EastGroup Properties (EGP)?

The 930 restricted shares vest in four equal installments. One-fourth vests when the Compensation Committee certifies goals related to 2026 performance-based awards, and additional one-fourth portions vest on January 1, 2028, January 1, 2029, and January 1, 2030, respectively.

Under which plan were the new EastGroup Properties (EGP) restricted shares granted?

The restricted shares were granted under EastGroup Properties’ 2023 Equity Incentive Plan. This plan provides equity-based awards such as time-based restricted stock, and the CFO’s 930-share grant is structured with a multi-year vesting schedule extending through January 1, 2030.

Did the EastGroup Properties (EGP) CFO buy these shares on the open market?

No, the CFO did not buy these shares on the open market. The Form 4 shows a grant-type acquisition at $0.00 per share, representing a time-based restricted stock award under the 2023 Equity Incentive Plan rather than a discretionary market purchase.
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