EastGroup (EGP) EVP receives 1,612 time-based restricted shares

Rhea-AI Filing Summary

Traynor James J. reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties Executive Vice President James J. Traynor received a grant of 1,612 shares of Common Stock as time-based restricted shares under the company’s 2023 Equity Incentive Plan. The award was made at no cash cost to him and is treated as a compensation grant.

These restricted shares vest in four equal installments, with one-fourth vesting on each of January 1, 2027, 2028, 2029 and 2030. Following this grant, Traynor directly holds 1,612 shares of EastGroup Properties Common Stock.

Insider Trade Summary

Net Buyer: 1,612 shares

Net Buy 1 txn

Insider Traynor James J.

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,612	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,612 shares (Direct)

Footnotes (1)

1. F1. Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan. These restricted shares vest one-fourth on each of January 1, 2027, 2028, 2029 and 2030.

Key Figures

Restricted shares granted: 1,612 shares Grant price per share: $0.0000 per share Shares held after grant: 1,612 shares

3 metrics

Restricted shares granted 1,612 shares Time-based restricted Common Stock award to EVP James J. Traynor

Grant price per share $0.0000 per share Compensation award, not an open-market purchase

Shares held after grant 1,612 shares Direct ownership of EastGroup Properties Common Stock post-transaction

Key Terms

time-based restricted shares, 2023 Equity Incentive Plan, vest

3 terms

time-based restricted shares financial

"Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan."

Time-based restricted shares are company stock granted to employees or insiders that cannot be sold or fully owned until they unlock after a set period of time. Think of them like a savings account that gradually becomes accessible: they help keep key people tied to the company and can change the total number of tradable shares when they become available, which matters for investor returns and expectations about future selling pressure.

2023 Equity Incentive Plan financial

"Award of time-based restricted shares pursuant to the Issuer's 2023 Equity Incentive Plan."

vest financial

"These restricted shares vest one-fourth on each of January 1, 2027, 2028, 2029 and 2030."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/29/2026 - 06:16 PM Learn about SEC filing dates

FAQ

What did EastGroup Properties (EGP) disclose in this Form 4 filing?

EastGroup Properties reported that Executive Vice President James J. Traynor received a grant of 1,612 time-based restricted Common Stock shares as compensation, under the 2023 Equity Incentive Plan, with a vesting schedule running annually from January 1, 2027 through January 1, 2030.

How many EastGroup Properties (EGP) shares were granted to James J. Traynor?

James J. Traynor was granted 1,612 shares of EastGroup Properties Common Stock as time-based restricted shares. The grant is classified as a compensation-related award with no cash purchase price, increasing his directly held position to 1,612 shares after the transaction.

What is the vesting schedule for James J. Traynor’s EGP restricted shares?

The 1,612 restricted shares vest in four equal installments. One-fourth of the award vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030, making this a long-term, time-based equity incentive for the executive.

Was this EastGroup Properties (EGP) Form 4 transaction an open-market purchase or sale?

No. The Form 4 shows a grant coded as an award acquisition, not an open-market trade. The 1,612 Common Stock shares were granted at a price of $0.0000 per share as part of compensation, rather than bought or sold in the market.

How many EastGroup Properties (EGP) shares does James J. Traynor own after this award?

After receiving the 1,612-share restricted stock award, James J. Traynor directly holds 1,612 shares of EastGroup Properties Common Stock according to the Form 4. These holdings are subject to the time-based vesting schedule described for the restricted shares.

Under which plan were the new EGP restricted shares granted to James J. Traynor?

The 1,612 time-based restricted shares granted to James J. Traynor were issued pursuant to EastGroup Properties’ 2023 Equity Incentive Plan. This plan governs equity-based compensation awards, including restricted stock that vests over several years for executives and eligible participants.

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^*

Traynor James J.

(Last) (First) (Middle)

C/O EASTGROUP PROPERTIES, INC.

400 WEST PARKWAY PLACE, SUITE 100

(Street)

RIDGELAND MISSISSIPPI 39157

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/27/2026		A		1,612(1)	A	$0	1,612	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 each of January 1, 2027, 2028, 2029 and 2030.

Remarks:

	/s/Ceejaye Peters, Attorney-in-Fact for James J. Traynor	04/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)