Earnshaw Timothy J 4
Research Summary
AI-generated summary
EPRT SVP Timothy J. Earnshaw Receives 89-Share Award
What Happened
- Timothy J. Earnshaw, Senior Vice President, Chief Accounting Officer & Treasurer of Essential Properties Realty Trust, Inc. (EPRT), received an award of 89 shares reported as an acquisition (grant) on 2026-04-14 at $0.00 per share.
- This entry reflects an adjustment to existing performance-based restricted stock units (RSUs) rather than an open-market purchase or sale; the reported dollar value of the transaction is $0.
Key Details
- Transaction date and price: 2026-04-14; 89 shares @ $0.00 (reported acquisition).
- Filing date / timeliness: Form 4 filed 2026-04-16 (within the typical two-business-day reporting window).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The 89-share adjustment relates to performance-based RSUs granted in 2023 and will vest on December 31, 2026 in connection with the payment of quarterly dividends for Q1 2026 per the award agreement.
Context
- This is a compensation-related grant (award/adjustment to RSUs), not a market purchase or sale—such awards are typically part of executive pay and retention structures and do not, by themselves, indicate a buy or sell decision in the open market.
- The award is tied to performance/ dividend conditions and will vest at year-end 2026 if conditions are met; no immediate cash transaction or sale of shares was reported.