EastGroup Properties EVP & COO reports RSU vesting and tax withholding
EastGroup Properties, Inc. executive files Form 4 reporting tax share withholding.
Rhea-AI Filing Summary
EastGroup Properties, Inc. executive files Form 4 reporting tax share withholding. The company’s Executive Vice President & COO reported an equity-related transaction dated January 1, 2026. On that date, 4,534 restricted shares vested, and the executive instructed EastGroup Properties to withhold 2,018 shares to cover tax withholding obligations under the company’s 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.
After this transaction, the executive beneficially owns 112,023 shares of EastGroup Properties common stock in direct form. The reported transaction reflects tax withholding on vested equity rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,018 | $178.14 | $359K |
Footnotes (1)
- F1. On January 1, 2026, 4,534 restricted shares vested and the Reporting Person instructed the Issuer to withhold 2,018 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.
FAQ
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What insider transaction did EastGroup Properties (EGP) report in this Form 4?
Who is the reporting person in the EastGroup Properties (EGP) Form 4?
What equity plans are referenced in the EastGroup Properties (EGP) Form 4 transaction?
Was this EastGroup Properties (EGP) insider transaction an open-market sale?
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