Vanguard reports 2.85M EastGroup shares (NYSE: EGP) in Schedule 13G
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
EastGroup Properties Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 2,845,666 shares of Common Stock, representing 5.33% of the class. The filing states Vanguard has sole dispositive power over 2,845,666 shares and sole voting power over 442,252 shares. The report is signed by Ashley Grim.
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Key Figures
Beneficial ownership: 2,845,666 shares
Percent of class: 5.33%
Sole voting power: 442,252 shares
+1 more
4 metrics
Beneficial ownership
2,845,666 shares
Amount beneficially owned reported in Schedule 13G
Percent of class
5.33%
Percent of common stock reported as beneficially owned
Sole voting power
442,252 shares
Number of shares with sole power to vote reported
Sole dispositive power
2,845,666 shares
Number of shares with sole power to dispose reported
Key Terms
beneficially owned, sole dispositive power, Schedule 13G
3 terms
beneficially owned regulatory
"This reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 2845666"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Item 1. (a) Name of issuer: EastGroup Properties Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What stake did Vanguard report in EastGroup Properties (EGP)?
Vanguard reported beneficial ownership of 2,845,666 shares, equal to 5.33% of EastGroup's common stock. The filing lists sole dispositive power over all 2,845,666 shares and sole voting power over 442,252 shares.
What do "sole dispositive power" and "sole voting power" mean in this Schedule 13G?
Sole dispositive power means the filer can direct the sale of the shares; sole voting power means the filer can cast votes for 442,252 shares. Both terms describe control rights the filer reports for the disclosed holdings.
Who filed the Schedule 13G for EGP and when was it signed?
Vanguard Capital Management filed the Schedule 13G for EastGroup Properties. The document is signed by Ashley Grim, Head of Global Fund Administration, with signature date 04/29/2026.
Does the filing identify other persons with more than 5% ownership?
No single other person is identified as holding more than 5% through the accounts reported. The filing notes various Vanguard affiliates and managed funds in its beneficial-ownership disclosure.