Dunbar Richard Reid 4
4 · EASTGROUP PROPERTIES INC · Filed Feb 14, 2025
Insider Transaction Report
Form 4
Dunbar Richard Reid
President
Transactions
- Award
Common Stock
2025-02-12+1,382→ 20,005 total - Award
Common Stock
2025-02-12+2,448→ 22,453 total - Tax Payment
Common Stock
2025-02-12$178.86/sh−817$146,129→ 21,636 total
Footnotes (3)
- [F1]Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2022 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest three-fourths on the performance goal certification date (February 12, 2025) and one-fourth on January 1, 2026.
- [F2]Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2024 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest one-third on the performance goal certification date (February 12, 2025) and one-third on each of January 1, 2026 and 2027.
- [F3]On February 12, 2025, 2,076 restricted shares vested and the Reporting Person instructed the Issuer to withhold 817 shares to cover tax withholding obligations as permitted under the Issuer's 2023 Equity Incentive Plan.