EastGroup EVP granted 796 restricted shares
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 796 | $0.00 | $0.00 |
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
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What did EastGroup Properties (EGP) insider Ryan M. Collins report on this Form 4?
What is Ryan M. Collins’ total EastGroup Properties (EGP) ownership after this Form 4 transaction?
Was the EastGroup Properties (EGP) Form 4 transaction a market purchase or an equity award?
AI-generated analysis. How Rhea-AI works. Not financial advice.