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Executive VP at EastGroup (EGP) receives 796-share restricted stock award

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

Rhea-AI Filing Summary

EastGroup Properties Executive Vice President Ryan M. Collins acquired 796 shares of common stock through a grant of time-based restricted shares under the company’s 2023 Equity Incentive Plan. Following this award, his directly owned common stock holdings total 22,305 shares.

The restricted shares vest in four installments: one-fourth when the Compensation Committee certifies satisfaction of goals related to the 2026 performance-based awards, and the remaining one-fourth portions on January 1, 2028, January 1, 2029, and January 1, 2030.

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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*
Collins Ryan M

(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)
02/25/2026
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 02/25/2026 A 796(1) A $0 22,305 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. 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.
Remarks:
/s/ Whitney Denham, Attorney-in-Fact for Ryan M. Collins 02/27/2026
** 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 did EastGroup Properties (EGP) insider Ryan M. Collins report on this Form 4?

Ryan M. Collins reported receiving 796 shares of EastGroup Properties common stock as a grant of time-based restricted shares. The award was made under the company’s 2023 Equity Incentive Plan and increased his directly owned holdings to 22,305 shares of common stock.

How many EastGroup Properties (EGP) shares did Ryan M. Collins acquire in this transaction?

He acquired 796 shares of EastGroup Properties common stock through a grant classified as a grant, award, or other acquisition. The transaction price per share was reported as 0.0000, reflecting an equity award rather than an open-market purchase of the stock.

What is the vesting schedule for the 796 restricted shares granted to the EastGroup (EGP) executive?

The 796 restricted shares vest over four installments. One-fourth vests when the Compensation Committee certifies goals tied to 2026 performance-based awards, with additional one-fourth portions vesting on January 1, 2028, January 1, 2029, and January 1, 2030, if conditions are met.

Under which plan were the new EastGroup Properties (EGP) shares granted to Ryan M. Collins?

The award was made pursuant to EastGroup Properties’ 2023 Equity Incentive Plan. It is structured as an award of time-based restricted shares, meaning the shares vest over time according to specified performance certification and future calendar vesting dates.

What is Ryan M. Collins’ total EastGroup Properties (EGP) ownership after this Form 4 transaction?

After receiving the 796 restricted shares, Ryan M. Collins directly owns 22,305 shares of EastGroup Properties common stock. The filing classifies his ownership as direct, reflecting his personal holdings following the equity award transaction reported on the Form 4.

Was the EastGroup Properties (EGP) Form 4 transaction a market purchase or an equity award?

The transaction was an equity award, not a market purchase. The Form 4 identifies the code as “A” for a grant, award, or other acquisition, with a transaction price per share of 0.0000, indicating a compensatory restricted stock grant to the executive.
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