EastGroup (NYSE: EGP) EVP receives 7,051 restricted shares and covers taxes with stock

Rhea-AI Filing Summary

EastGroup Properties executive vice president John F. Coleman reported equity compensation changes in company stock. On February 13, 2026, he acquired 5,011 restricted shares tied to the 2023 long-term incentive program and 2,040 restricted shares tied to the 2025 annual incentive program, both granted at no cost.

The 2023 award vests three-fourths on February 13, 2026 and one-fourth on January 1, 2027. The 2025 award vests one-third on February 13, 2026 and one-third on each of January 1, 2027 and 2028. On the same date, 4,725 restricted shares vested and 2,105 shares were withheld at $190.92 per share to cover tax obligations, leaving him with 101,223 common shares held directly.

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

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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^*

COLEMAN JOHN F

(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)
02/13/2026

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	02/13/2026		A		5,011(1)	A	$0	101,288	D
Common Stock	02/13/2026		A		2,040(2)	A	$0	103,328	D
Common Stock	02/13/2026		F		2,105(3)	D	$190.92	101,223	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. Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2023 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest three-fourths on the performance goal certification date (February 13, 2026) and one-fourth on January 1, 2027.

2. Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2025 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest one-third on the performance goal certification date (February 13, 2026) and one-third on each of January 1, 2027 and 2028.

3. On February 13, 2026, 4,725 restricted shares vested and the Reporting Person instructed the Issuer to withhold 2,105 shares to cover tax withholding obligations as permitted under the Issuer's 2023 Equity Incentive Plan.

Remarks:

	/s/Ceejaye Peters, Attorney-in-Fact for John F. Coleman	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did EastGroup Properties (EGP) report for John F. Coleman?

EastGroup Properties reported that executive vice president John F. Coleman received two stock awards totaling 7,051 restricted common shares and had 2,105 shares withheld for taxes, all dated February 13, 2026, leaving him with 101,223 common shares held directly.

How many restricted shares did EGP grant to John F. Coleman on February 13, 2026?

John F. Coleman was granted 5,011 restricted shares under the 2023 long-term incentive program and 2,040 restricted shares under the 2025 annual incentive program, for a total of 7,051 restricted common shares awarded at no purchase price.

What are the vesting schedules for John F. Coleman’s new EGP restricted share awards?

The 5,011-share 2023 long-term incentive award vests three-fourths on February 13, 2026 and one-fourth on January 1, 2027. The 2,040-share 2025 annual incentive award vests one-third on February 13, 2026 and one-third on each of January 1, 2027 and January 1, 2028.

Why were 2,105 EGP shares disposed of in John F. Coleman’s Form 4 filing?

The 2,105-share disposition was for tax withholding. When 4,725 restricted shares vested on February 13, 2026, Coleman instructed EastGroup Properties to withhold 2,105 shares at $190.92 per share to cover tax obligations under the company’s 2023 Equity Incentive Plan.

How many EastGroup Properties (EGP) shares does John F. Coleman own after these transactions?

Following the February 13, 2026 grants and related tax withholding, John F. Coleman directly owns 101,223 shares of EastGroup Properties common stock, as reported in the Form 4’s post-transaction ownership figures for the non-derivative common stock holdings.

Are John F. Coleman’s recent EGP stock transactions open-market buys or sales?

The reported transactions are equity compensation-related, not open-market trades. Coleman received restricted stock awards at no cost and had 2,105 shares withheld to satisfy tax obligations when previously granted restricted shares vested on February 13, 2026.