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EastGroup Properties (EGP) EVP & COO reports 2,018 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.
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*
WOOD BRENT

(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 & COO
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
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 01/01/2026 F 2,018(1) D $178.14 112,023 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. 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.
Remarks:
/s/Ceejaye Peters, Attorney-in-Fact for Brent Wood 01/05/2026
** 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 insider transaction did EastGroup Properties (EGP) report in this Form 4?

The Executive Vice President & COO reported that on January 1, 2026, 4,534 restricted shares vested and 2,018 shares of EastGroup Properties common stock were withheld to satisfy tax withholding obligations under the company’s equity incentive plans.

Who is the reporting person in the EastGroup Properties (EGP) Form 4?

The reporting person is an officer of EastGroup Properties, Inc., serving as Executive Vice President & Chief Operating Officer.

How many EastGroup Properties (EGP) shares were withheld for taxes in this filing?

The Form 4 states that 2,018 shares of EastGroup Properties common stock were withheld to cover tax withholding obligations upon vesting of restricted shares.

How many EastGroup Properties (EGP) shares does the executive own after this transaction?

Following the reported transaction, the Form 4 shows the executive beneficially owns 112,023 shares of EastGroup Properties common stock, held directly.

What equity plans are referenced in the EastGroup Properties (EGP) Form 4 transaction?

The transaction is described as occurring under EastGroup Properties’ 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan.

Was this EastGroup Properties (EGP) insider transaction an open-market sale?

No. The Form 4 explains that shares were withheld to cover tax withholding obligations when restricted shares vested, rather than sold in the open market.
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