Essential Properties Realty Trust filings document the formal disclosures of an internally managed net lease REIT focused on primarily single-tenant properties leased to service-oriented and experience-based businesses. Its 8-K reports furnish quarterly earnings releases, investor presentations and supplemental information covering operating results, portfolio activity, leverage, liquidity and REIT performance measures.
The company’s filings also record common stock offerings, underwriting and forward sale agreements, dividend declarations, Regulation FD materials, and governance disclosures. Proxy materials address board matters, shareholder voting, executive compensation and related governance practices, while material-event amendments cover executive employment arrangements and other corporate updates.
Salisbury Robert Webb reported acquisition or exercise transactions in this Form 4 filing.
Essential Properties Realty Trust Executive VP and CFO Robert Webb Salisbury reported an award of 15,848 OP Units on February 20, 2026. These units are issued by Essential Properties, L.P. and can be redeemed for cash or, at the company’s election, exchanged one-for-one for common stock.
The award represents LTIP Units granted under the company’s Long-Term Incentive Plan. These LTIP Units vest in four equal installments on the first, second, third and fourth anniversaries of January 18, 2026, subject to his continued employment. There is no expiration date for the LTIP or OP Units.
ESSENTIAL PROPERTIES REALTY TRUST, INC. reported an equity award to senior executive Timothy J. Earnshaw, its SVP, CAO & Treasurer. He acquired 5,071 OP Units as a grant with a stated price of $0 per unit, bringing his direct holdings to 9,631 OP Units.
The OP Units are limited partnership interests in Essential Properties, L.P., which holds substantially all company assets and operations. These units are redeemable for cash or, at the company’s election, exchangeable one-for-one into common stock, subject to anti-dilution adjustments.
The award represents a special class of LTIP Units issued under the company’s Long-Term Incentive Plan. Each LTIP Unit can convert into one OP Unit upon vesting and required tax allocations. The LTIP Units vest in four equal annual installments on the first through fourth anniversaries of January 18, 2026, contingent on his continued employment, and have no expiration date.
ESSENTIAL PROPERTIES REALTY TRUST, INC. reported that Executive VP and COO Robert M. Jenkins acquired a grant of 12,678 OP Units of Essential Properties, L.P. as a derivative award. Following this award, his direct holdings in these units total 20,495 OP Units.
The award represents a special class of OP Units known as LTIP Units, issued under the company’s Long-Term Incentive Plan. Each LTIP Unit is a contingent right to receive one OP Unit, and these LTIP Units vest in four equal installments on the first, second, third and fourth anniversaries of January 18, 2026, subject to his continued employment. OP Units are redeemable for cash or, at the company’s election, exchangeable into common stock on a one-to-one basis, subject to anti-dilution adjustments.
Peil A Joseph reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. Executive VP and CIO A. Joseph Peil reported an award of 12,678 OP Units on February 20, 2026. These are derivative securities of Essential Properties, L.P., the operating partnership through which the company holds most of its assets and conducts operations.
The OP Units were granted at $0.00 per unit, increasing Peil’s directly held OP Units to 20,495 units after the transaction. Footnotes explain that a special class of OP Units, called LTIP Units, represents a contingent right to receive one OP Unit upon vesting, subject to tax-related capital account conditions.
The LTIP Units vest in four equal installments on the first, second, third, and fourth anniversaries of January 18, 2026, conditioned on Peil’s continued employment with the company through each vesting date. The disclosure notes that there is no expiration date for either the LTIP Units or the OP Units.
Mavoides Peter M. reported acquisition or exercise transactions in this Form 4 filing.
ESSENTIAL PROPERTIES REALTY TRUST, INC. reported that President and CEO Peter M. Mavoides was granted 63,391 OP Units on January 18, 2026 at a price of $0.00 per unit. Following this equity award, his directly held OP Units total 115,508.
The OP Units are issued by Essential Properties, L.P. and can be redeemed for cash or, at the company’s election, exchanged one-for-one into common stock, subject to anti-dilution adjustments. The grant is structured as LTIP Units that vest in four equal annual installments on the first through fourth anniversaries of January 18, 2026, contingent on continued employment and certain tax allocation conditions.
Essential Properties Realty Trust entered into an underwriting and forward sale structure for 12,499,999 shares of common stock, including 1,630,434 shares from the underwriters’ fully exercised option. The offering closed on February 19, 2026 and was executed on a forward basis through multiple bank counterparties.
Forward sellers have already borrowed and sold the 12,499,999 shares, while the company plans to physically settle the forward sale agreements by delivering the same number of shares by February 17, 2028 in exchange for cash at a forward sale price based on the public offering price, net of underwriting discounts and subject to adjustments.
The company expects to contribute the net cash proceeds from settling the forwards to its operating partnership in exchange for partnership units, and the operating partnership intends to use these funds for general corporate purposes, including potential future investments.
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.
Cohen & Steers has reported a significant institutional position in Essential Properties Realty Trust, Inc. (EPRT). As of 12/31/2025, Cohen & Steers, Inc. beneficially owned 18,659,157 shares of EPRT common stock, representing 9.42% of the outstanding class.
The firm had sole voting power over 13,054,951 shares and sole dispositive power over all 18,659,157 shares, with no shared voting or dispositive authority. The stake is held through affiliated entities, including Cohen & Steers Capital Management, UK, Asia, and Ireland units, for the benefit of underlying account holders. Cohen & Steers certifies the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of EPRT.
Essential Properties Realty Trust, Inc. Executive VP and COO Robert M. Jenkins reported equity compensation-related stock transactions. On 02/10/2026 he acquired 34,165 shares of common stock at $0 as part of a 2023 performance-based restricted stock unit award. Half of this award vested immediately upon achievement of performance criteria, and the remaining half is scheduled to vest on December 31, 2026, contingent on continued service. On the same day, 8,738 shares at $31.91 were withheld to cover tax obligations, leaving him with 55,827 shares of common stock directly owned.