ALOIAN D PIKE 4
Research Summary
AI-generated summary
EastGroup Properties (EGP) Director Aloian D. Pike Receives Award
What Happened
- Aloian D. Pike, a director of EastGroup Properties, received an award of 707 restricted shares of common stock on May 29, 2026. The shares were granted at $0.00 (no purchase price) as part of the company's director compensation program.
Key Details
- Transaction type: Award/Grant (code A)
- Date: 2026-05-29; Price: $0.00; Shares granted: 707
- Vesting: These restricted shares vest 100% on the earlier of the one-year anniversary of the grant or the issuer's next annual meeting of stockholders (see footnote F1).
- Beneficial ownership: The reporting person disclaims beneficial ownership of these securities per footnote F2.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: No late filing indicator provided.
Context
- This was a standard annual equity retainer for an independent director, not an open-market purchase or sale. Grants like this are routine compensation and do not by themselves imply buying or selling sentiment.