EastGroup SVP granted 202 restricted shares
Rayner Michelle reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rayner Michelle reported acquisition or exercise transactions in this Form 4 filing.
EastGroup Properties Senior Vice President and Chief Accounting Officer Michelle Rayner reported an equity award of 202 shares of common stock. The grant is a time-based restricted stock award under the company’s 2023 Equity Incentive Plan, with vesting tied partly to 2026 performance goals and then annually on January 1, 2028, 2029 and 2030. After this award, Rayner directly holds a total of 5,180 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 202 shares
Grant/Award
1 txn
Insider
Rayner Michelle
Role
Senior Vice President, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 202 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,180 shares (Direct)
Footnotes (1)
- F1. Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan. These restricted shares vest one-fourth on the date the Issuer's Compensation Committee certifies the satisfaction of the goals related to the 2026 performance-based awards and one-fourth on each of January 1, 2028, 2029 and 2030.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EastGroup Properties (EGP) report for Michelle Rayner?
EastGroup Properties reported that Senior Vice President and CAO Michelle Rayner received a grant of 202 restricted common shares. The award was reported as an acquisition, not an open-market purchase, under the company’s 2023 Equity Incentive Plan.
What type of equity award did EastGroup Properties (EGP) grant to Michelle Rayner?
Michelle Rayner received a time-based restricted stock award of 202 EastGroup Properties common shares. The award was granted pursuant to the company’s 2023 Equity Incentive Plan and is structured to vest over multiple future dates and conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.