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  4. [Form 4] ESSENTIAL PROPERTIES REALTY TRUST, INC. Insider Trading Activity

Essential Properties (EPRT) COO gets 176-share RSU dividend adjustment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

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Insider Jenkins Robert M
Role Executive VP and COO
Type Security Shares Price Value
Grant/Award Common Stock 176 $0.00 --
Holdings After Transaction: Common Stock — 56,168 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted/adjusted 176 shares Adjustment to shares subject to performance-based RSUs granted in 2023
Shares held after transaction 56,168 shares Direct common stock ownership following the grant/award acquisition
Transaction price per share $0.0000 Compensation-related award, not an open-market purchase or sale
RSU vesting date December 31, 2026 Vesting date for the performance-based RSUs affected by the 176-share adjustment
performance-based RSUs financial
"shares subject to performance-based RSUs granted in 2023 which will vest"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
quarterly dividends financial
"in connection with the payment of quarterly dividends to stockholders"
underlying award agreement financial
"pursuant to the terms and conditions of the underlying award agreement"

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What did ESSENTIAL PROPERTIES (EPRT) COO Robert Jenkins report in this Form 4?
He reported a grant/award adjustment of 176 common shares linked to performance-based RSUs granted in 2023. The adjustment reflects second quarter 2026 dividends and is scheduled to vest on December 31, 2026 under the award agreement.

Is the EPRT Form 4 transaction a market purchase or sale?
No, the filing shows a grant/award acquisition, not an open-market trade. The 176 shares relate to an adjustment of performance-based RSUs based on dividends, with no cash purchase or sale reported in this transaction.

How many ESSENTIAL PROPERTIES (EPRT) shares does Robert Jenkins hold after this award?
After the reported adjustment, Robert Jenkins directly holds 56,168 shares of common stock. This total reflects the addition of 176 shares tied to the 2023 performance-based RSU award and its dividend-related adjustment.

What is the vesting schedule for the adjusted RSUs in the EPRT filing?
The performance-based RSUs subject to this 176-share adjustment are scheduled to vest on December 31, 2026. The adjustment arises from quarterly dividends paid to stockholders for the second quarter of 2026 under the award terms.

Why were Robert Jenkins’ ESSENTIAL PROPERTIES RSUs adjusted in 2026?
The 176-share adjustment reflects quarterly dividends for the second quarter of 2026 paid to stockholders. Under the underlying award agreement, performance-based RSUs granted in 2023 are adjusted in connection with such dividend payments.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jenkins Robert M
(Last)(First)(Middle)
5 VAUGHN DRIVE
SUITE 202
(Street)
PRINCETON NEW JERSEY 08540
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ESSENTIAL PROPERTIES REALTY TRUST, INC. [ EPRT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/14/2026A(1)176A$056,168D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an adjustment to the shares subject to performance-based RSUs granted in 2023 which will vest on December 31, 2026 in connection with the payment of quarterly dividends to stockholders for the second quarter of 2026 pursuant to the terms and conditions of the underlying award agreement.
Remarks:
Exhibit 24.1 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the reporting person on November 4, 2021.)
/s/ Timothy J. Earnshaw, attorney-in-fact07/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR