EastGroup Properties (EGP) CFO receives 930 restricted stock units in equity grant
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tyler Staci H.
Role
Executive Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 930 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,309 shares (Direct)
Footnotes (1)
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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.
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.