EastGroup EVP granted 1,612 restricted shares
Traynor James J. reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,612 | $0.00 | $0.00 |
Footnotes (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
Key Terms
2023 Equity Incentive Plan financial
vest financial
FAQ
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What did EastGroup Properties (EGP) disclose in this Form 4 filing?
Was this EastGroup Properties (EGP) Form 4 transaction an open-market purchase or sale?
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