Colleran Donald F 4

What Happened
Donald F. Colleran, a director of EastGroup Properties, Inc. (EGP), received a grant of 707 restricted shares on 2026-05-29. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (recorded acquisition value $0). This was an annual equity retainer award under the company's director compensation policy, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (appears to be filed within the required reporting window).
• Transaction type/code: Award/Grant (A). Price reported: $0.00; recorded acquisition value: $0.
• Shares granted: 707 restricted shares.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The 707 restricted shares are annual equity retainer awards under the 2023 Equity Incentive Plan and vest 100% on the earlier of the one‑year anniversary of the grant or the Issuer’s next annual stockholders’ meeting.

Context
This is a routine director compensation award (restricted stock grant). Such grants represent compensation and are different from outright purchases or sales; they do not necessarily signal a director’s personal market view. Vesting terms mean the shares are subject to forfeiture until vesting conditions are met.