WOOD BRENT 4

What Happened Brent Wood, Executive Vice President & COO of EastGroup Properties (EGP), was granted 1,603 restricted shares on 2026-02-25. The grant was reported at a $0.00 acquisition price (a compensatory award), so no cash was paid by the insider. These restricted shares are time-based awards under the Issuer's 2023 Equity Incentive Plan and are subject to vesting conditions.

Key Details

• Transaction date and price: 2026-02-25; 1,603 shares @ $0.00 (award).
• Report filed: 2026-02-27 (appears timely; Form 4 due within two business days).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote (vesting): Award vests one-fourth when the Compensation Committee certifies satisfaction of goals tied to the 2026 performance-based awards, and one-fourth on each of January 1, 2028, 2029 and 2030.
• Transaction code: A = Award/Grant (compensatory equity).

Context Restricted share awards are a form of compensation and typically vest over time or on achievement of goals; they do not represent an open-market purchase or sale and should not be read as a direct buy/sell market signal. Until vested, these shares may be forfeitable and are usually subject to company transfer restrictions and tax-withholding rules when vesting occurs.