EastGroup Properties (EGP) officer reports tax share withholding on RSU vest
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
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,163 | $178.14 | $207K |
Footnotes (1)
- F1. 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.
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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.
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.
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.