EastGroup Properties (EGP) EVP withholds vested shares for tax obligations

Rhea-AI Filing Summary

EastGroup Properties executive reports share withholding for taxes. A Form 4 filing shows that Executive Vice President John F. Coleman had 3,045 restricted shares vest on January 1, 2026. He instructed EastGroup Properties to withhold 1,411 common shares at $178.14 per share to cover tax withholding obligations under the company’s 2013 and 2023 Equity Incentive Plans, rather than selling them on the open market. After this tax-related withholding, he beneficially owns 96,277 EastGroup Properties shares directly.

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

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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^*

COLEMAN JOHN F

(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)
01/01/2026

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	01/01/2026		F		1,411(1)	D	$178.14	96,277	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. On January 1, 2026, 3,045 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,411 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.

Remarks:

	/s/Ceejaye Peters, Attorney-in-Fact for John F. Coleman	01/05/2026
	** 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.
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FAQ

What insider transaction did EastGroup Properties (EGP) report in this filing?

The filing reports that Executive Vice President John F. Coleman had 3,045 restricted shares vest on January 1, 2026 and 1,411 of those shares were withheld to satisfy tax obligations.

How many EastGroup Properties (EGP) shares were withheld for taxes?

The company withheld 1,411 common shares from John F. Coleman at a price of $178.14 per share to cover tax withholding obligations tied to the vesting of restricted shares.

Does this EastGroup Properties (EGP) Form 4 reflect an open-market sale?

No. The Form 4 explains that the 1,411 shares were withheld by the issuer to cover tax withholding obligations, as permitted under EastGroup’s 2013 and 2023 Equity Incentive Plans, instead of being sold in the open market.

How many EastGroup Properties (EGP) shares does John F. Coleman own after this transaction?

Following the tax withholding transaction, John F. Coleman beneficially owns 96,277 EastGroup Properties common shares directly.

What is John F. Coleman’s role at EastGroup Properties (EGP)?

John F. Coleman is identified in the filing as an officer of EastGroup Properties, serving as Executive Vice President.

Under which plans were EastGroup Properties (EGP) restricted shares vested and withheld?

The vested restricted shares and related tax withholding were carried out under EastGroup’s 2013 Equity Incentive Plan, as amended, and its 2023 Equity Incentive Plan.