EastGroup Properties (EGP) EVP reports tax share withholding after vesting
Rhea-AI Filing Summary
EastGroup Properties, Inc. executive vice president Ryan M. Collins reported an automatic share withholding related to restricted stock vesting. On January 1, 2026, 2,279 restricted shares vested, and he instructed the company to withhold 1,174 shares of common stock at $178.14 per share to cover tax obligations under EastGroup’s 2013 and 2023 Equity Incentive Plans. Following this transaction, he beneficially owns 17,777 shares of EastGroup common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,174 shares
Net Sell
1 txn
Insider
Collins Ryan M
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,174 | $178.14 | $209K |
Holdings After Transaction:
Common Stock — 17,777 shares (Direct)
Footnotes (1)
- F1. On January 1, 2026, 2,279 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,174 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.
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FAQ
What insider transaction did EastGroup Properties (EGP) report for Ryan M. Collins?
On January 1, 2026, executive vice president Ryan M. Collins had 2,279 restricted shares vest and authorized the withholding of 1,174 shares of EastGroup common stock to cover tax obligations.
What type of equity was involved in this EastGroup (EGP) insider transaction?
The transaction involved the vesting of 2,279 restricted shares of EastGroup Properties common stock granted under the company’s equity incentive plans.
Is the EastGroup (EGP) insider transaction a sale on the open market?
No. The reported transaction is a withholding of 1,174 shares by EastGroup to cover tax obligations tied to restricted stock vesting, not an open-market sale.