LOEB MARSHALL A 4

What Happened

• Marshall A. Loeb, Chief Executive Officer of EastGroup Properties (EGP), received an award of 5,888 restricted shares on February 25, 2026. The Form 4 reports an acquisition price of $0 (award/grant code A).
• This was a grant of restricted stock (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the normal reporting window).
• Reported acquisition: 5,888 shares at $0.00 per share.
• Shares owned after the transaction: not specified in the provided filing data.
• Footnote: These are time‑based restricted shares under the Issuer’s 2023 Equity Incentive Plan. Vesting is 1/4 upon certification of goals tied to the 2026 performance awards, and 1/4 on each of Jan 1, 2028, 2029 and 2030.
• No 10b5-1 plan, tax-withholding sale, or late-filing indication noted in the supplied information.

Context

• Restricted stock awards are a form of compensation that typically vest over time or upon achievement of performance goals; they do not represent an immediate market purchase or sale by the insider.
• Because this is a granted award, it reflects executive compensation rather than a direct trading signal; the reported $0 reflects the grant reporting, not the market value of the shares.