ESSENTIAL PROPERTIES REALTY TRUST, INC. SEC Filings

Essential Properties Realty Trust, Inc. (EPRT) reports a proposed sale of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The notice covers 22,000 shares of common stock with an aggregate market value of $709,575.50, expected to be sold on or about July 24, 2026 on the NYSE. The securities relate to restricted stock vesting under a registered plan, with prior vesting events listed on January 18, 2025, February 11, 2025, January 18, 2026, and February 10, 2026, each identified as compensation from the issuer.

Essential Properties Realty Trust, Inc. entered into an ATM Equity Offering Sales Agreement allowing offers and sales of up to $750.0 million of common stock through a syndicate of agents and related forward purchasers.

The company may sell shares directly or via forward sale agreements, with agents earning up to 2.0% of gross sales as commission. A prior ATM program was terminated with $279.9 million of unsold capacity remaining. Net cash proceeds that the company ultimately receives from primary or forward settlements are expected to be contributed to its operating partnership and used for general corporate purposes, including debt repayment, working capital, capital expenditures and potential investments.

Essential Properties Realty Trust, Inc. established a new at‑the‑market equity offering program for shares of its common stock with an aggregate gross sales capacity of $750,000,000, replacing a prior ATM program under which approximately $470.1 million of shares had already been sold. Sales may be made from time to time on the NYSE or through negotiated and block trades, either directly by the company via sales agents or through forward sale agreements with designated forward purchasers.

The company, a REIT since 2018, is subject to ownership limits of 9.8% of common stock or total capital stock per person to support REIT qualification. Net proceeds contributed to the operating partnership are intended for general corporate purposes, including working capital, capital expenditures, potential investments, and repayment or repurchase of debt, including term loans totaling $1.73 billion. The filing details extensive use of forward sale mechanics, including potential physical, cash or net share settlement and related dilution and tax risks.

Essential Properties Realty Trust, Inc., a net-lease REIT focused on single-tenant, service-oriented properties, reported higher results for the period ended June 30, 2026. For the six months, total revenues were $320,686k and net income attributable to stockholders was $134,080k, with diluted EPS of $0.62. Second-quarter net income attributable to stockholders was $74,287k, or $0.34 per diluted share.

As of June 30, 2026, net investments totaled $7,076,749k across 2,493 investments, and total assets were $7,490,313k. The company carried $2,930,000k of unsecured term loans and senior notes and had $1.0 billion of unused revolving credit capacity. Cash and restricted cash were $134,229k, while contracted future minimum base rent under operating leases was $9,752,060k.

Essential Properties Realty Trust, Inc. reported second‑quarter 2026 results with total revenues of $161,888 thousand and net income of $74,481 thousand. Diluted net income per share was $0.34 and diluted AFFO per share was $0.50, with these per‑share metrics increasing 6% and 9%, respectively, versus second quarter 2025.

The company invested $332.4 million in 103 properties in the quarter at a 7.8% weighted average cash cap rate and completed $54.3 million of dispositions at a 7.3% cash cap rate. As of June 30, 2026, the portfolio comprised 2,493 properties, was 99.6% leased, had a 14.3‑year weighted average lease term and a 3.5x weighted average rent coverage ratio.

Leverage metrics remained conservative, with net debt to Annualized Adjusted EBITDAre of 4.5x, pro forma 3.5x, and total available liquidity of $1.7 billion including $1.0 billion of undrawn revolver capacity and $574.7 million of unsettled forward equity. Management raised 2026 AFFO guidance to $2.01–$2.05 per share and increased investment volume guidance to $1.2–$1.5 billion while reiterating Cash G&A guidance of $30.0–$34.0 million.

Essential Properties Realty Trust, Inc. reported that SVP, CAO & Treasurer Timothy J. Earnshaw acquired 95 shares of Common Stock on July 14, 2026 through a grant/award adjustment. The footnote explains this reflects an increase in shares subject to performance-based RSUs granted in 2023, tied to quarterly dividends for the second quarter of 2026, which are scheduled to vest on December 31, 2026. Following this adjustment, Earnshaw directly holds 71,444 shares of Common Stock.

ESSENTIAL PROPERTIES REALTY TRUST Executive VP and COO Robert M. Jenkins reported a grant/award acquisition of 176 shares of common stock. According to the footnote, this is an adjustment to shares subject to performance-based RSUs granted in 2023 tied to second quarter 2026 dividends, which will vest on December 31, 2026. Following this adjustment, he directly holds 56,168 shares.

ESSENTIAL PROPERTIES REALTY TRUST, INC. reported that Executive VP and CIO A. Joseph Peil acquired 176 shares of Common Stock on July 14, 2026 as a grant/award adjustment. According to the award terms, this represents an adjustment to shares subject to performance-based RSUs granted in 2023, tied to quarterly dividends for the second quarter of 2026 and scheduled to vest on December 31, 2026. Following this adjustment, Peil directly holds 76,866 Common shares.

Mavoides Peter M. reported acquisition or exercise transactions in this Form 4 filing.

Essential Properties Realty Trust President and CEO Peter M. Mavoides reported compensation-related stock activity. He received 852 and 1,236 shares of common stock as adjustments to performance-based RSUs tied to second-quarter 2026 dividends, scheduled to vest on December 31, 2026 and January 5, 2027. He also reports indirect ownership of common stock held through family trusts.