Mavoides Peter M. 4
Research Summary
AI-generated summary
EPRT CEO Peter Mavoides Gifts 30,098 Shares
What Happened
- Peter M. Mavoides, President, CEO and a director of Essential Properties Realty Trust, Inc. (EPRT), disposed of 30,098 shares on March 24, 2026 as a gift. The reported price per share is $0.00, so no proceeds were received for this transaction.
Key Details
- Transaction date and type: 2026-03-24 — Gift of 30,098 shares (code G); price reported $0.00; total proceeds $0.
- Filing date: Form 4 filed 2026-03-26 (filed within two business days of the transaction).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: Filing reflects a transfer of 132,959 shares from the "Pete & Susan Mavoides" JTWROS to the Pete Mavoides Revocable Trust and the Susan Mavoides Revocable Trust; those transfers were exempt from Section 16 under Rule 16a-13.
- F2/F3: The Pete Mavoides Revocable Trust is held for which the reporting person is sole grantor, trustee and lifetime beneficiary; the Susan Mavoides Revocable Trust is held for which his spouse is sole grantor, trustee and lifetime beneficiary.
- Administrative: Exhibit 24.1 (Power of Attorney) is referenced in the filing.
Context
- Gifts are non‑market transactions and generally do not signal the insider's view of the company’s near‑term stock prospects.
- The footnotes indicate internal transfers into revocable trusts under Rule 16a-13 exemption, which are typically administrative or estate-planning moves rather than open-market trades.