EPRT director granted 3,837 restricted stock units

Minich Lawrence J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Minich Lawrence J reported acquisition or exercise transactions in this Form 4 filing.

ESSENTIAL PROPERTIES REALTY TRUST director equity grant: Director Lawrence J. Minich received 3,837 shares of Common Stock as a grant of restricted stock units at no cash cost. These units vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, subject to continued board service. After this award, Minich directly holds 31,643 shares.

Insider Trade Summary

Grant/Award: 3,837 shares

Grant/Award 1 txn

Insider Minich Lawrence J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,837	$0.00	$0.00

Holdings After Transaction: Common Stock — 31,643 shares (Direct)

Footnotes (1)

1. F1. Reflects a grant of restricted stock units that vest on the earlier of (i) the first anniversary of the date of grant and (ii) the first annual meeting of the Issuer's stockholders that occurs after the date of grant, subject to the reporting person's continued service on the Issuer's board of directors through the vesting date. Each restricted stock unit represents a contingent right to receive one share of common stock, $0.01 par value per share, of the Issuer.

Key Figures

RSU grant size: 3,837 shares Shares after transaction: 31,643 shares Grant price: $0.00 per share +1 more

4 metrics

RSU grant size 3,837 shares Restricted stock units granted on May 13, 2026

Shares after transaction 31,643 shares Direct common stock holdings after grant

Grant price $0.00 per share Compensation grant, not market purchase

Vesting trigger Earlier of 1-year anniversary or next annual meeting Subject to continued board service through vesting date

Key Terms

restricted stock units, vesting date, contingent right

3 terms

restricted stock units financial

"Reflects a grant of restricted stock units that vest on the earlier of"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting date financial

"subject to the reporting person's continued service on the Issuer's board of directors through the vesting date"

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EPRT director Lawrence J. Minich report?

Lawrence J. Minich reported receiving 3,837 shares of ESSENTIAL PROPERTIES REALTY TRUST common stock as a grant of restricted stock units. The award was compensation, not an open-market purchase, and increased his direct holdings to 31,643 shares.

Was the EPRT Form 4 transaction a stock purchase or a grant?

The transaction was a grant of restricted stock units, not a market purchase. Minich received 3,837 units at a stated price of $0.00 per share as part of his director compensation, subject to future vesting conditions tied to continued board service.

When do Lawrence J. Minich’s EPRT restricted stock units vest?

The restricted stock units vest on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant. Vesting requires Minich to continue serving on ESSENTIAL PROPERTIES REALTY TRUST’s board through that vesting date.

How many EPRT shares does Lawrence J. Minich hold after this grant?

Following the reported grant, Minich directly holds 31,643 shares of ESSENTIAL PROPERTIES REALTY TRUST common stock. This figure reflects his position after receiving 3,837 restricted stock units that convert one-for-one into common shares upon vesting conditions being satisfied.

What does each EPRT restricted stock unit granted to Minich represent?

Each restricted stock unit represents a contingent right to receive one share of ESSENTIAL PROPERTIES REALTY TRUST common stock. The units convert into shares only if vesting conditions are met, including the timing milestone and Minich’s continued service on the company’s board of directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Minich Lawrence J

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/13/2026		A		3,837(1)	A	$0	31,643	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects a grant of restricted stock units that vest on the earlier of (i) the first anniversary of the date of grant and (ii) the first annual meeting of the Issuer's stockholders that occurs after the date of grant, subject to the reporting person's continued service on the Issuer's board of directors through the vesting date. Each restricted stock unit represents a contingent right to receive one share of common stock, $0.01 par value per share, of the Issuer.

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 May 26, 2021.)

	/s/ Timothy J. Earnshaw, attorney-in-fact	05/15/2026
	** Signature of Reporting Person	Date
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)