Every 424B that Essential Properties Realty Trust, Inc. (EPRT) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow EPRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EPRT filings page.
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, 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. is registering 10,869,565 shares of common stock (or 12,499,999 shares if the underwriters’ option is exercised in full) for delivery in this offering.
The shares are being delivered pursuant to forward sale agreements with four forward purchasers and the company states that it will not receive proceeds from the sale of shares by the forward purchasers at the time of the underwriters’ purchase; the company estimates it would receive approximately $335.8 million assuming full physical settlement, based on an initial forward sale price of $30.9120 per share and after underwriting discounts, with physical settlement anticipated within approximately 24 months from the prospectus supplement date. Shares outstanding were 209,879,818 as of February 12, 2026.
Essential Properties Realty Trust, Inc. plans an offering of 9,500,000 shares of common stock through forward sale agreements with Bank of America, Mizuho, Truist and Wells Fargo, with an additional 1,425,000 shares available to underwriters via a 30‑day option.
The company will not receive cash from the initial share borrow and sale by the forward purchasers but expects to receive proceeds upon physical settlement within about 24 months, which will be contributed to its operating partnership for general corporate purposes, including future investments. Common stock outstanding was 209,879,818 shares as of February 12, 2026, and ownership of any holder is generally capped at 9.8% to support REIT status.
Recent activity includes $239.2 million invested in 83 new properties from January 1 through February 12, 2026, pending and completed 2026 investment activity totaling $501.5 million across 156 properties, and total liquidity of $1.2 billion as of February 12, 2026, supported in part by 11,200,920 shares already sold on a forward basis from which the company expects $342.2 million of net proceeds upon settlement.