EASTGROUP PROPERTIES INC SEC Filings

EastGroup Properties is asking shareholders to approve seven director nominees, ratify KPMG as auditor for 2026, and support a non-binding say-on-pay resolution at its 2026 virtual annual meeting.

Management highlights strong 2025 results, including net income attributable to common stockholders of $4.87 per diluted share, up 4.5% over 2024, and FFO of $8.98 per diluted share, up 7.5%. Same-property net operating income on a cash basis rose 6.7%, while the operating portfolio ended 2025 at 96.5% occupancy.

The company declared $5.90 per share in cash dividends for 2025, a 10.5% increase, and reports a 10-year compounded annual total shareholder return of 15.6% as of December 31, 2025. EastGroup’s industrial portfolio totaled about 65 million square feet, supported by $261.7 million of acquisitions and a development pipeline with $499.9 million of projected investment. Governance features include an independent chair, six independent nominees, robust committee structure, strict overboarding limits, and a pay program heavily weighted to at-risk, performance-based incentives that tie annual and long-term awards to FFO, same-property NOI growth, balance sheet metrics and relative TSR.

EastGroup Properties Inc: The Vanguard Group amended its Schedule 13G to report zero beneficial ownership of the issuer's common stock following an internal realignment.

The filing states certain Vanguard subsidiaries or business divisions will report holdings separately in reliance on SEC Release No. 34-39538 (January 12, 1998). The amendment lists 0 shares beneficially owned and 0% of the class.

Rayner Michelle reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties Senior Vice President and Chief Accounting Officer Michelle Rayner reported an equity award of 202 shares of common stock. The grant is a time-based restricted stock award under the company’s 2023 Equity Incentive Plan, with vesting tied partly to 2026 performance goals and then annually on January 1, 2028, 2029 and 2030. After this award, Rayner directly holds a total of 5,180 common shares.

EastGroup Properties Executive Vice President Ryan M. Collins acquired 796 shares of common stock through a grant of time-based restricted shares under the company’s 2023 Equity Incentive Plan. Following this award, his directly owned common stock holdings total 22,305 shares.

The restricted shares vest in four installments: one-fourth when the Compensation Committee certifies satisfaction of goals related to the 2026 performance-based awards, and the remaining one-fourth portions on January 1, 2028, January 1, 2029, and January 1, 2030.

COLEMAN JOHN F reported acquisition or exercise transactions in this Form 4 filing.

EASTGROUP PROPERTIES INC Executive Vice President John F. Coleman received an award of 266 shares of common stock as a grant under the company’s 2023 Equity Incentive Plan. The award consists of time-based restricted shares granted at a stated price of $0.0000 per share.

These restricted shares vest one-fourth when the Compensation Committee certifies the goals related to the 2026 performance-based awards, and one-fourth on each of January 1, 2028, 2029 and 2030. After this award, Coleman directly owns 101,489 shares of common stock.

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.

EastGroup Properties Inc. reported that Executive Vice President and CFO Staci H. Tyler acquired 930 shares of common stock as a grant under the company’s 2023 Equity Incentive Plan. The award is in the form of time-based restricted shares at a price of $0.00 per share, bringing her direct holdings to 15,309 shares following the transaction.

The restricted shares vest in four equal parts. One-fourth vests on the date the Compensation Committee certifies the satisfaction of goals tied to the 2026 performance-based awards, and the remaining one-fourth portions vest on January 1, 2028, January 1, 2029, and January 1, 2030.

Dunbar Richard Reid reported acquisition or exercise transactions in this Form 4 filing.

EastGroup Properties President Richard Reid Dunbar reported receiving a grant of 1,695 shares of common stock as an equity award. The reported price per share was $0.00, and his directly held ownership increased to 26,038 shares following this award.

The shares are time-based restricted stock granted under the company’s 2023 Equity Incentive Plan. They vest in four installments: one-fourth when the compensation committee certifies the goals tied to 2026 performance-based awards, and one-fourth on each of January 1, 2028, 2029, and 2030.

EastGroup Properties reported that Chief Executive Officer Marshall A. Loeb acquired 5,888 shares of common stock through a grant of time-based restricted shares under the company’s 2023 Equity Incentive Plan. Following this award, his direct holdings total 167,634 common shares.

The restricted shares vest in stages: one-fourth when the Compensation Committee certifies satisfaction of goals tied to 2026 performance-based awards, and the remaining one-fourth on each of January 1, 2028, 2029, and 2030. This structure ties executive compensation to long-term performance milestones.