BOLTON H ERIC JR 4

What Happened

• Bolton H. Eric Jr, a director of EastGroup Properties, Inc. (EGP), was granted 707 restricted shares of common stock on 2026-05-29. The shares were awarded at $0.00 per share (reported value $0) as part of the director equity compensation program. This is an award/grant (not a market purchase or sale) and therefore is a routine compensation event rather than a direct bullish or bearish trade.

Key Details

• Transaction date: 2026-05-29 (filed with the SEC on 2026-06-02).
• Transaction type/code: Grant/Award (A).
• Shares granted: 707 restricted shares; reported acquisition price $0.00; total reported value $0.
• Vesting: 100% vests on the earlier of the one-year anniversary of the grant or the issuer's next annual meeting of stockholders (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing summary.
• Timeliness: Filing appears timely (within required Form 4 window).

Context

• These restricted shares were granted as the director's annual equity retainer under EastGroup’s Independent Director Compensation Policy and the 2023 Equity Incentive Plan. Restricted-share awards to directors are common compensation and do not, by themselves, indicate insider sentiment about the company’s near-term stock performance. The shares will become transferable or taxable to the director only once they vest per the stated schedule.