BINNIE WILLIAM H 4

What Happened
William H. Binnie, a director of Easterly Government Properties, Inc. (DEA), was granted 5,983 LTIP Units on April 29, 2026. The units were reported as acquired at $0.00 (transaction code A — award/grant). The award vests upon the earlier of the first anniversary of the grant or the next annual stockholder meeting, subject to his continued service as a director.

Key Details

• Transaction date: 2026-04-29; Form 4 filed 2026-04-30 (timely filing).
• Transaction type/code: Award/Grant (A).
• Amount: 5,983 LTIP Units; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Vesting: earlier of one-year anniversary or next annual meeting, contingent on continued service (see F1).
• Conversion/redemption rights (F2): LTIP Units may be converted into Common Units, which can be redeemed for cash equal to the fair market value of a share or, at the issuer’s election, exchanged for one share of common stock; conversion/redemption rights do not expire.

Context
These LTIP Units are a form of equity compensation issued under Easterly’s 2024 Equity Incentive Plan and are derivative interests rather than an open-market purchase or sale. Such grants are typically routine director compensation and are not, by themselves, a direct buy or sell signal; any future conversion or redemption could result in shares or cash value to the holder.