Mavoides Peter M. 4

What Happened

• Peter M. Mavoides, President, CEO and Director of Essential Properties Realty Trust (EPRT), received two awards of performance-based restricted stock units (RSUs) on April 14, 2026: 1,154 RSUs and 796 RSUs, totaling 1,950 RSUs. Each award is reported as acquired at $0.00 (transaction code A — grant/award).

Key Details

• Transaction date and price: 2026-04-14; reported acquisition price $0.00 for both awards.
• Total shares granted: 1,154 RSUs (footnote F1) + 796 RSUs (footnote F2) = 1,950 RSUs.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — adjustment to 2023 performance-based RSUs that will vest on December 31, 2026 in connection with Q1 2026 dividend payment; F2 — adjustment to 2022 performance-based RSUs that will vest on January 5, 2027 in connection with Q1 2026 dividend payment.
• Filing timeliness: Form 4 filed April 16, 2026 (two days after the transaction), which is within the typical two-business-day filing window for Form 4s.
• Additional remark: Exhibit 24.1 (Power of Attorney) is incorporated by reference.

Context

• These were award/adjustment entries to previously granted performance-based RSUs tied to dividend payments and specified future vesting dates; the awards are not open-market purchases or sales. Reporting an acquisition price of $0.00 is standard for RSU grants (they represent future rights to shares rather than a cash purchase). Such awards are compensation-related and will only convert to shares if/when they vest per the award terms.