Easterly Government Properties, Inc.·4

May 22, 4:30 PM ET

Colantuoni Brian M 4

4 · Easterly Government Properties, Inc. · Filed May 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Easterly (DEA) SVP Brian Colantuoni Receives LTIP Award

What Happened

  • Brian M. Colantuoni, Senior Vice President and Chief Accounting Officer of Easterly Government Properties (DEA), was granted 2,786 LTIP Units in the Operating Partnership on 2026-05-20. The grant is reported as an award/derivative (code A) with a reported acquisition price of $0 (no cash paid at grant).
  • This was a compensation award, not an open-market purchase or sale. The LTIP Units are performance- and service-based and do not represent immediate common stock; their eventual economic value depends on vesting/conversion and achievement of performance hurdles.

Key Details

  • Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears timely).
  • Amount granted: 2,786 LTIP Units; reported price at grant: $0 (derivative award).
  • Shares/units owned after transaction: not specified in the provided filing excerpt.
  • Footnote summary:
    • F1: LTIP Units vest on the fifth anniversary of the grant, subject to continued service and achievement of specified performance hurdles before the eighth anniversary.
    • F2: Each LTIP Unit may be converted (if tax-allocated) into a Common Unit, which can be redeemed for cash equal to the fair market value of a share of the issuer's common stock or, at the issuer’s election, exchanged for one share of common stock; conversion/redeem rights do not expire.
  • Transaction code: A (award/grant); derivative instrument (LTIP Units), not direct common stock.

Context

  • This is a typical equity-compensation grant for an executive: it conveys potential future value contingent on service and performance rather than immediate ownership of tradable shares. Such awards are routine parts of executive pay and do not by themselves indicate a buy/sell signal.

Insider Transaction Report

Form 4
Period: 2026-05-20
Transactions
  • Award

    LTIP Units

    [F1][F2]
    2026-05-20+2,7862,786 total
    Common Stock (2,786 underlying)
Footnotes (2)
  • [F1]Represents LTIP Units in Easterly Government Properties LP (the "Operating Partnership"), of which the Issuer is the general partner, granted pursuant to the Issuer's 2024 Equity Incentive Plan, as amended (the "Plan"). The LTIP Units, and the common units of limited partnership interest in the Operating Partnership (each, a "Common Unit") into which such LTIP Units may be converted, will vest on the fifth anniversary of the grant date, subject to the Reporting Person's continued service with the Company, and, in accordance with the terms of the award, only to the extent such LTIP Units are earned based on the achievement of specified performance hurdles prior to the eighth anniversary of the Grant Date.
  • [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert earned and vested LTIP Units into Common Units and redeem Common Units do not have expiration dates.
Signature
/s/ Franklin V. Logan, Attorney-in-fact for Brian M. Colantuoni|2026-05-22

Documents

1 file
  • 4
    ownership.xmlPrimary

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