EastGroup Properties (EGP) COO granted 1,603 restricted shares in equity award

Rhea-AI Filing Summary

WOOD BRENT reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties Executive Vice President and COO Brent Wood reported receiving a grant of 1,603 shares of common stock as an equity award. The award was made at no cash cost to him and increased his directly held stake to 121,342 shares. These are time-based restricted shares under the company’s 2023 Equity Incentive Plan. One-fourth of the award vests when the Compensation Committee certifies the goals tied to 2026 performance-based awards, and the remaining portions vest in equal installments on January 1 of 2028, 2029, and 2030.

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

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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^*

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)
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		1,603(1)	A	$0	121,342	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 Brent Wood	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).
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FAQ

What insider transaction did EastGroup Properties (EGP) report for Brent Wood?

Brent Wood, Executive Vice President and COO, reported acquiring 1,603 shares of EastGroup Properties common stock as an equity award. The shares were granted at no cash cost to him as part of the company’s 2023 Equity Incentive Plan.

How many EastGroup Properties (EGP) shares does Brent Wood hold after this grant?

After the reported equity award, Brent Wood directly holds 121,342 shares of EastGroup Properties common stock. This total reflects the addition of 1,603 restricted shares granted under the company’s 2023 Equity Incentive Plan on the reported date.

What type of equity did Brent Wood receive from EastGroup Properties (EGP)?

Brent Wood received time-based restricted shares of EastGroup Properties common stock. The award covers 1,603 shares granted under the company’s 2023 Equity Incentive Plan, with vesting tied to both performance certification and specified future calendar dates.

When do Brent Wood’s new EastGroup Properties (EGP) restricted shares vest?

One-fourth of the 1,603 restricted shares vests when the Compensation Committee certifies 2026 performance award goals. The remaining three-fourths vest in equal installments on January 1, 2028, January 1, 2029, and January 1, 2030, subject to plan terms.

Was there a purchase price for Brent Wood’s latest EastGroup Properties (EGP) shares?

The reported transaction shows a price of $0.00 per share, indicating these 1,603 shares were granted as a compensation award, not bought in the open market. They were issued under EastGroup Properties’ 2023 Equity Incentive Plan.