CEO of Essential Properties (NYSE: EPRT) reports large stock awards
Rhea-AI Filing Summary
ESSENTIAL PROPERTIES REALTY TRUST, INC.’s President and CEO, Peter M. Mavoides, reported stock-based compensation activity involving the company’s common stock.
On February 10, 2026, he acquired 239,180 shares and 164,936 shares at $0 per share upon achievement of performance goals tied to awards granted in 2023 and 2022. For each award, 50% of the shares vested immediately after certification of performance, while the remaining 50% is scheduled to vest on December 31, 2026 and January 5, 2027, subject to continued service.
The filing also shows a disposition of 103,353 shares at $31.91 per share coded as a tax-withholding transaction, used to satisfy tax liabilities upon vesting. After these transactions, Mavoides directly owned 633,517 shares of Essential Properties common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 239,180 | $0.00 | -- |
| Grant/Award | Common Stock | 164,936 | $0.00 | -- |
| Tax Withholding | Common Stock | 103,353 | $31.91 | $3.30M |
Footnotes (1)
- Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2023, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on December 31, 2026, subject to the reporting person's continued service through such date. Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2022, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on January 5, 2027, subject to the reporting person's continued service through such date.