STOCK TITAN

EastGroup Properties (EGP) CAO reports tax withholding on vested shares

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

Rhea-AI Filing Summary

EastGroup Properties executive reports tax withholding on vested shares. Senior Vice President and Chief Accounting Officer Michelle Rayner reported that on January 1, 2026, 735 restricted shares of EastGroup Properties, Inc. common stock vested. To cover tax withholding obligations under the company’s 2013 and 2023 Equity Incentive Plans, she instructed the company to withhold 341 shares at a price of $178.14 per share, reported as a code F transaction. After this withholding, she beneficially owned 4,978 shares of EastGroup Properties common stock directly.

Positive

  • None.

Negative

  • None.
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*
Rayner Michelle

(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)
Senior Vice President, CAO
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 341(1) D $178.14 4,978 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, 735 restricted shares vested and the Reporting Person instructed the Issuer to withhold 341 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 Michelle Rayner 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.
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 Michelle Rayner?

EastGroup Properties reported that Senior Vice President and Chief Accounting Officer Michelle Rayner had 735 restricted shares vest on January 1, 2026, and 341 of those shares were withheld to satisfy tax withholding obligations.

How many EastGroup Properties (EGP) shares were withheld for taxes in this Form 4?

The filing states that 341 shares of EastGroup Properties common stock were withheld to cover tax withholding obligations in connection with the vesting of restricted shares.

What price was used for the tax withholding shares in the EastGroup Properties (EGP) Form 4?

The 341 withheld shares were valued at $178.14 per share for purposes of covering tax withholding obligations.

How many EastGroup Properties (EGP) shares does Michelle Rayner own after this transaction?

Following the reported transaction, Michelle Rayner beneficially owned 4,978 shares of EastGroup Properties common stock directly.

What type of transaction code is shown in this EastGroup Properties (EGP) Form 4?

The transaction is reported with code F, which in this context reflects shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.

Which equity incentive plans are referenced in the EastGroup Properties (EGP) Form 4 filing?

The filing references the EastGroup Properties 2013 Equity Incentive Plan, as amended, and the 2023 Equity Incentive Plan as the plans under which the restricted shares vested and tax withholding occurred.

Eastgroup Pptys Inc

NYSE:EGP

EGP Rankings

EGP Latest News

EGP Latest SEC Filings

EGP Stock Data

9.82B
52.85M
0.94%
101.54%
3.15%
REIT - Industrial
Real Estate Investment Trusts
Link
United States
RIDGELAND