EastGroup CFO awarded 3,378 restricted EGP shares
EastGroup Properties Executive Vice President and CFO Staci H. Tyler reported equity compensation activity in the company’s common stock.
Rhea-AI Filing Summary
EastGroup Properties Executive Vice President and CFO Staci H. Tyler reported equity compensation activity in the company’s common stock. She was granted 2,128 restricted shares tied to the 2023 long-term incentive program and 1,250 restricted shares tied to the 2025 annual incentive program, both under the 2023 Equity Incentive Plan.
On the same date, 2,159 previously granted restricted shares vested and 936 shares were withheld to cover tax obligations at a price of $190.92 per share. After these grants and tax-withholding disposition, she directly owned 14,379 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,128 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 936 | $190.92 | $179K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. On February 13, 2026, 2,159 restricted shares vested and the Reporting Person instructed the Issuer to withhold 936 shares to cover tax withholding obligations as permitted under the Issuer's 2023 Equity Incentive Plan.
FAQ
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What insider transactions did EGP’s CFO report on this Form 4?
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