Welcome to our dedicated page for Essential Properties Realty Trust SEC filings (Ticker: EPRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Essential Properties Realty Trust filings document the formal disclosures of an internally managed net lease REIT focused on primarily single-tenant properties leased to service-oriented and experience-based businesses. Its 8-K reports furnish quarterly earnings releases, investor presentations and supplemental information covering operating results, portfolio activity, leverage, liquidity and REIT performance measures.
The company’s filings also record common stock offerings, underwriting and forward sale agreements, dividend declarations, Regulation FD materials, and governance disclosures. Proxy materials address board matters, shareholder voting, executive compensation and related governance practices, while material-event amendments cover executive employment arrangements and other corporate updates.
Essential Properties Realty Trust, Inc., through subsidiary Essential Properties, L.P., closed an underwritten public offering of $400,000,000 aggregate principal amount of 5.375% Senior Notes due 2036, fully and unconditionally guaranteed by the REIT.
The Notes are senior unsecured obligations, ranking equally with other senior unsecured debt but effectively subordinated to mortgage and other secured indebtedness, as well as liabilities of subsidiaries and equity‑method investees. They were issued under an existing indenture and a third supplemental indenture that add restrictive covenants, including requirements for the Guarantor to maintain a specified level of total unencumbered assets.
The underwriters paid a purchase price of 97.469% of principal amount. The Notes bear interest at 5.375% per year, payable on January 15 and July 15 of each year, starting January 15, 2027, and mature on July 15, 2036. The Issuer may redeem the Notes before April 15, 2036 at a make‑whole redemption price based on the Treasury Rate plus 20 basis points, or at par on or after April 15, 2036, in each case plus accrued interest.
Essential Properties, L.P. is offering $400,000,000 aggregate principal amount of 5.375% Senior Notes due July 15, 2036. The notes bear interest at 5.375% per year, pay semiannually beginning January 15, 2027, and mature on July 15, 2036.
The notes will be senior unsecured obligations of Essential Properties, L.P., fully and unconditionally guaranteed by Essential Properties Realty Trust, Inc., and will be effectively subordinated to secured indebtedness and liabilities of subsidiaries to the extent of collateral value. Net proceeds are expected to be approximately $388.9 million, to be used to repay amounts outstanding under the revolving credit facility and for general corporate purposes. The offering is not intended to be listed on any exchange.
Essential Properties, L.P. filed a preliminary prospectus supplement for an offering of senior unsecured notes due 20__, which will be fully and unconditionally guaranteed by Essential Properties Realty Trust, Inc. The notes will rank equally with other senior unsecured indebtedness and be effectively subordinated to secured debt and subsidiary liabilities.
The supplement discloses recent portfolio activity and liquidity: annualized base rent was $584.2 million as of March 31, 2026; the company invested $58.1 million in 18 properties from April 1, 2026 through May 28, 2026 and had completed and pending investment activity totaling $429.4 million as of May 28, 2026. Total liquidity was $1.5 billion as of May 28, 2026. Net proceeds are intended to repay amounts under the revolving credit facility and for general corporate purposes.
Essential Properties Realty Trust, Inc. announced that its Board declared a quarterly cash dividend of $0.32 per share of common stock for the second quarter of 2026, representing an annualized dividend of $1.28 per share. This reflects an increase of approximately 3% and $0.04 per share over the prior annualized dividend. The dividend will be paid on July 14, 2026 to stockholders of record as of June 30, 2026.
As of March 31, 2026, the company’s portfolio included 2,417 freestanding net lease properties, with a weighted average lease term of 14.6 years and a weighted average rent coverage ratio of 3.5x. The portfolio was 99.7% leased to tenants operating 662 different concepts across 48 states, underscoring a broad and diversified tenant base.
Essential Properties Realty Trust, Inc. furnished an investor presentation providing an operating, portfolio and balance sheet update, including first‑quarter 2026 results. The net lease REIT reported Q1 2026 total revenues of $158.8 million and net income attributable to stockholders of $59.8 million, or $0.28 per diluted share.
Funds from operations were $114.6 million, with AFFO of $105.8 million, equal to $0.50 per diluted share. As of March 31, 2026, the portfolio included 2,417 investment properties totaling 27.3 million square feet, 99.7% leased, with a weighted average remaining lease term of 14.6 years and unit‑level rent coverage of 3.5x.
The company highlighted a BBB/Baa2 investment‑grade balance sheet, gross real estate investments at cost of $7.1 billion, undepreciated gross assets of $7.8 billion and pro forma net debt to annualized adjusted EBITDAre of 3.5x. Total available liquidity was about $1.46 billion, including cash, revolver capacity and unsettled forward equity, supporting continued external growth at targeted cap rates.
DeLucca Joyce reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. director Joyce DeLucca received an equity-based award of 3,837 LTIP Units in Essential Properties, L.P., which correspond to 3,837 OP Units and are exchangeable into an equal number of common shares. These LTIP Units vest ratably on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after the grant, subject to continued board service, and have no expiration date.
ESTES SCOTT A reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. director Scott A. Estes received a grant of 3,837 LTIP Units in the operating partnership on May 13, 2026. These LTIP Units each represent the contingent right to receive one OP Unit, which is redeemable for cash or, at the company’s election, exchangeable one-for-one into common stock, subject to anti-dilution adjustments.
The LTIP Units vest ratably on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting after the grant, if he continues serving on the board through vesting. Following this award, he holds 3,837 OP Units.
ESSENTIAL PROPERTIES REALTY TRUST, INC. director Stephen D. Sautel reported acquiring additional equity-based interests in the company’s operating partnership as compensation. On May 13, 2026, he received 2,938 OP Units, representing an equivalent number of common shares on a one-to-one exchange basis, at a reference value of $31.27 per unit. In a separate award the same day, he received 3,837 LTIP Units, a special class of OP Units granted under the company’s Long-Term Incentive Plan in lieu of $87,500 of cash board retainer fees, with a 5% premium for electing equity. These LTIP Units vest ratably based on continued board service and convert into OP Units upon vesting, and the OP Units are then redeemable for cash or, at the company’s election, exchanged into common stock.
Sivanesan Janaki reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. director Janaki Sivanesan reported receiving a grant of 3,837 OP Units of Essential Properties, L.P. These units were awarded at a price of $0.00 per unit as a form of equity-based compensation.
Each LTIP Unit represents a contingent right to receive one OP Unit upon vesting, and each OP Unit is redeemable for cash or, at the company’s election, exchangeable for one share of common stock, subject to anti-dilution adjustments. The LTIP Units vest ratably on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after the grant, provided continued board service.
Smallwood Kristin L reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. director Kristin L. Smallwood received a grant of 3,837 LTIP Units in Essential Properties, L.P., the operating partnership through which the company holds most assets and runs its business. These LTIP Units represent a contingent right to receive 3,837 OP Units, which are themselves exchangeable one-for-one into common stock or redeemable for cash at the company’s election, subject to anti-dilution adjustments.
The LTIP Units vest ratably on the earlier of the first anniversary of the grant date or the first annual shareholders’ meeting after the grant, provided she continues to serve on the board through vesting. After this award, she holds 3,837 OP Units directly, reflecting a routine, compensation-related equity grant rather than an open-market purchase.