Earnshaw Timothy J 4

What Happened
Timothy J. Earnshaw, SVP, Chief Accounting Officer & Treasurer of Essential Properties Realty Trust (EPRT), was reported as receiving an award of 95 shares on 2026-07-14. The filing reports the acquisition price as $0.00 (total reported value $0) — this reflects an adjustment to performance-based restricted stock units (RSUs), not an open-market purchase or sale. According to the filing, these RSUs are tied to a 2023 grant and will vest on December 31, 2026 in connection with the payment of quarterly dividends for Q2 2026.

Key Details

• Transaction date: 2026-07-14; Form 4 filed 2026-07-15 (timely filing).
• Transaction type: Award/Grant (code A).
• Shares awarded/adjusted: 95 shares at $0.00 per share (total reported $0).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: Adjustment to 2023 performance-based RSUs that vest Dec 31, 2026 contingent on Q2 2026 dividend payment.
• No sale or exercise reported; this is compensation-related equity, not a market trade.

Context
Performance-based RSUs are a form of compensation that vest only if specified performance or other conditions are met (here, linked to dividend payment and a vesting date). Such awards are common for executives and do not by themselves indicate buying or selling sentiment in the open market.