Fields David Michael 4

What Happened

• David M. Fields, a director of EastGroup Properties, Inc. (EGP), was granted 707 restricted shares on 2026-05-29. The reported acquisition price is $0.00 (award/grant), so the filing shows $0 paid at grant.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (appears timely under the two-business-day rule).
• Transaction type/code: A — Award/Grant of restricted stock.
• Shares granted: 707 restricted shares; reported acquisition price: $0.00; reported total cash value at acquisition: $0.
• Shares owned after the transaction: Not specified in the items provided in this summary (not disclosed in the excerpt).
• Footnote: These are the annual equity retainer restricted shares granted under the company’s Independent Director Compensation Policy and 2023 Equity Incentive Plan. The shares vest 100% on the earlier of one year after grant or the issuer’s next annual meeting of stockholders.

Context

• This is a standard director compensation grant (non-cash award) rather than an open-market purchase or sale. Restricted shares typically vest over time (or at a specified event) and do not necessarily indicate a near-term buying or selling intention.