LOEB MARSHALL A 4

4 · EASTGROUP PROPERTIES INC · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

EastGroup (EGP) CEO Marshall Loeb Receives Award, Withholds Shares

What Happened

Marshall A. Loeb, CEO of EastGroup Properties (EGP), was issued restricted stock awards and had shares withheld to cover tax withholding upon vesting. The Form 4 shows two award entries totaling 28,603 restricted shares (21,275 and 7,328) reported as acquisitions at $0.00 on Feb 13, 2026. On that date, 19,967 restricted shares vested and the issuer withheld 8,656 shares to satisfy tax withholding obligations at an implied per-share value of $190.92, resulting in $1,652,604 withheld (disposition code F).

Key Details

Transaction dates: February 13, 2026 (vesting/awards and withholding).
Awards recorded: 21,275 and 7,328 restricted shares (codes A — award/grant; both reported at $0.00).
Tax withholding: 8,656 shares withheld (code F) at $190.92 per share; withholding value = $1,652,604.
Vested shares: filing notes 19,967 restricted shares vested on Feb 13, 2026 (see footnote F3).
Vesting schedules (from footnotes):
- F1 (21,275): issued under 2023 LTI plan; vesting schedule — three‑fourths on Feb 13, 2026 and one‑fourth on Jan 1, 2027.
- F2 (7,328): issued under 2025 annual incentive program; vest one‑third on Feb 13, 2026 and one‑third on Jan 1, 2027 and 2028.
Shares owned after the transaction: not specified in the reported items.
Filing timeliness: Form filed Feb 18, 2026 for transactions on Feb 13, 2026 — the filing appears to be one business day late (marked late).

Context

This filing reflects restricted-share awards vesting and a routine tax-withholding disposition (code F). The acquisitions at $0.00 are awards, not purchases; the withheld shares are a cashless tax-withholding method and do not necessarily indicate a voluntary sale or change in insider sentiment.

Form 4

Period: 2026-02-13

DirectorChief Executive Officer

Transactions

Award
Common Stock
[F1]
2026-02-13+21,275→ 163,074 total
Award
Common Stock
[F2]
2026-02-13+7,328→ 170,402 total
Tax Payment
Common Stock
[F3]
2026-02-13$190.92/sh−8,656$1,652,604→ 161,746 total

Footnotes (3)

[F1]Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2023 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest three-fourths on the performance goal certification date (February 13, 2026) and one-fourth on January 1, 2027.
[F2]Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2025 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2023 Equity Incentive Plan and vest one-third on the performance goal certification date (February 13, 2026) and one-third on each of January 1, 2027 and 2028.
[F3]On February 13, 2026, 19,967 restricted shares vested and the Reporting Person instructed the Issuer to withhold 8,656 shares to cover tax withholding obligations as permitted under the Issuer's 2023 Equity Incentive Plan.

Signature

/s/Ceejaye Peters, Attorney-in-Fact for Marshall A. Loeb|2026-02-18

1 file