Essential Properties (EPRT) CEO reports performance-based RSU share adjustments

Rhea-AI Filing Summary

Mavoides Peter M. reported acquisition or exercise transactions in this Form 4 filing.

Essential Properties Realty Trust President and CEO Peter M. Mavoides reported compensation-related stock activity. He received 852 and 1,236 shares of common stock as adjustments to performance-based RSUs tied to second-quarter 2026 dividends, scheduled to vest on December 31, 2026 and January 5, 2027. He also reports indirect ownership of common stock held through family trusts.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Mavoides Peter M.

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,236	$0.00	--
Grant/Award	Common Stock	852	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 340,687 shares (Direct); Common Stock — 132,959 shares (Indirect, See footnote)

Footnotes (1)

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. Represents an adjustment to the shares subject to performance-based RSUs granted in 2022 which will vest on January 5, 2027 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. Shares held by The Peter Mavoides Family Trust dated December 4, 2023, for which the reporting person's spouse serves as trustee. Shares held by The Susan Mavoides Descendants Trust dated December 4, 2023, for which the reporting person serves as trustee.

Key Figures

RSU adjustment 2023 grant: 852 shares RSU adjustment 2022 grant: 1,236 shares Direct holdings line 1: 341,539 shares +3 more

6 metrics

RSU adjustment 2023 grant 852 shares Adjustment to performance-based RSUs granted in 2023 tied to Q2 2026 dividends

RSU adjustment 2022 grant 1,236 shares Adjustment to performance-based RSUs granted in 2022 tied to Q2 2026 dividends

Direct holdings line 1 341,539 shares Direct common stock beneficially owned in one entry as of July 14, 2026

Direct holdings line 2 340,687 shares Direct common stock beneficially owned in a separate entry as of July 14, 2026

RSU vesting date 2023 grant December 31, 2026 Scheduled vesting date for adjusted 2023 performance-based RSUs

RSU vesting date 2022 grant January 5, 2027 Scheduled vesting date for adjusted 2022 performance-based RSUs

Key Terms

performance-based RSUs, quarterly dividends, Family Trust, Descendants Trust

4 terms

performance-based RSUs financial

"Represents an adjustment to the shares subject to performance-based RSUs granted in 2023"

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 for the second quarter of 2026"

Family Trust financial

"Shares held by The Peter Mavoides Family Trust dated December 4, 2023"

Descendants Trust financial

"Shares held by The Susan Mavoides Descendants Trust dated December 4, 2023"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 04:53 PM Accepted by SEC EDGAR 07/15/2026 - 04:52 PM Learn about SEC filing dates

FAQ

What stock transactions did Peter M. Mavoides report for EPRT on July 14, 2026?

He reported receiving 852 and 1,236 shares of EPRT common stock as compensation-related adjustments to performance-based RSUs. These adjustments reflect dividend equivalents for second-quarter 2026 and are not open-market purchases or sales of stock.

Why did EPRT grant 852 and 1,236 additional shares to Peter M. Mavoides?

The 852 and 1,236 shares are adjustments to performance-based RSUs granted in 2023 and 2022, respectively. They were credited in connection with quarterly dividends paid for the second quarter of 2026 under the terms of the underlying award agreements.

When will the adjusted performance-based RSUs for EPRT vest for Peter M. Mavoides?

The adjusted RSUs tied to 852 shares from the 2023 grant are scheduled to vest on December 31, 2026. The RSUs tied to 1,236 shares from the 2022 grant are scheduled to vest on January 5, 2027, subject to award terms.

Are the reported EPRT share adjustments for Peter M. Mavoides open-market trades?

No. The 852 and 1,236 EPRT shares are compensation-related adjustments to existing performance-based RSU awards, credited at $0.00 per share. They arise from dividend-equivalent provisions, rather than discretionary buying or selling in the open market.

How does Peter M. Mavoides hold indirect EPRT shares through trusts?

Indirect EPRT ownership is reported through two family trusts. One trust is for the Peter Mavoides family with his spouse as trustee, and another Susan Mavoides Descendants Trust lists him as trustee, reflecting additional beneficial ownership held in these estate-planning vehicles.

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^*

Mavoides Peter 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

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	07/14/2026		A(1)		1,236	A	$0	340,687	D
Common Stock	07/14/2026		A(2)		852	A	$0	341,539	D
Common Stock								132,959	I	See footnote(3)
Common Stock								132,959	I	See footnote(4)

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. 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.

2. Represents an adjustment to the shares subject to performance-based RSUs granted in 2022 which will vest on January 5, 2027 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.

3. Shares held by The Peter Mavoides Family Trust dated December 4, 2023, for which the reporting person's spouse serves as trustee.

4. Shares held by The Susan Mavoides Descendants Trust dated December 4, 2023, for which the reporting person serves as trustee.

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-fact	07/15/2026
	** 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)