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EastGroup Properties (EGP) officer reports tax share withholding on RSU vest

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

Rhea-AI Filing Summary

EastGroup Properties executive reports tax-related share withholding. A company officer, serving as President, reported a routine equity transaction involving restricted stock. On January 1, 2026, 2,816 restricted shares of EastGroup Properties common stock vested, and the officer instructed the company to withhold 1,163 shares to cover tax withholding obligations under the company’s 2013 Equity Incentive Plan, as amended, and 2023 Equity Incentive Plan, at a price of $178.14 per share. Following this transaction, the officer beneficially owned 19,467 shares of common stock directly. The filing indicates this Form 4 relates to a single reporting person and reflects an administrative step tied to equity compensation 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*
Dunbar Richard Reid

(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)
President
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 1,163(1) D $178.14 19,467 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, 2,816 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,163 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 Richard Reid Dunbar 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) disclose in this Form 4?

The filing reports that on January 1, 2026, EastGroup Properties’ President had 2,816 restricted shares vest and instructed the company to withhold 1,163 shares to satisfy tax withholding obligations.

Did the EastGroup Properties (EGP) officer sell shares on the open market?

No open-market sale is reported. The 1,163 shares were withheld by the company to cover tax obligations in connection with vested restricted stock under the company’s equity incentive plans.

How many EastGroup Properties (EGP) shares does the reporting person own after the transaction?

After the reported transaction, the officer beneficially owned 19,467 shares of EastGroup Properties common stock, held directly.

What equity plans are involved in this EastGroup Properties (EGP) Form 4 filing?

The restricted shares that vested and the related tax withholding are governed by EastGroup Properties’ 2013 Equity Incentive Plan, as amended, and its 2023 Equity Incentive Plan.

What was the price used for the withheld EastGroup Properties (EGP) shares?

The 1,163 shares withheld to cover tax obligations were valued at a price of $178.14 per share, as stated in the Form 4.

Who signed the EastGroup Properties (EGP) Form 4 and on what date?

The Form 4 was signed by Ceejaye Peters as Attorney-in-Fact for Richard Reid Dunbar on January 5, 2026.

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