Collins Ryan M 4

What Happened
Ryan M. Collins, Executive Vice President of EastGroup Properties (EGP), was granted 796 restricted shares on 2026-02-25. The Form 4 reports the shares as an award/grant (code A) with an acquisition price of $0.00 (total reported value $0). This was a compensation grant, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27.
• Transaction type/code: Award/Grant (A).
• Shares granted: 796; price reported: $0.00; reported total value: $0.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: These are time‑based restricted shares under the Issuer’s 2023 Equity Incentive Plan. Vesting: one‑fourth when the Compensation Committee certifies satisfaction of goals related to the 2026 performance awards, then one‑fourth on each of Jan 1, 2028, 2029 and 2030.
• Filing timeliness: filed within the standard Form 4 window (not reported as late).

Context
Restricted share awards are a common form of executive compensation that typically vest over time or upon achievement of performance goals and are not immediately tradable. Because this was a grant (not a market purchase or sale), it reflects compensation structure rather than a direct market signal.