Neary Heather Leed 4

What Happened

• Neary Heather Leed, a director of Essential Properties Realty Trust, Inc. (EPRT), was granted 3,837 restricted stock units (RSUs) on May 13, 2026. The grant price reported is $0.00 (i.e., an award, not a purchase). Each RSU represents a contingent right to receive one share of EPRT common stock upon vesting.

Key Details

• Transaction date: 2026-05-13; reported on Form 4 filed 2026-05-15.
• Shares/units granted: 3,837 RSUs; acquisition price: $0.00 (award).
• Vesting: RSUs vest on the earlier of (i) the first anniversary of the grant and (ii) the first annual meeting of stockholders after the grant, subject to continued board service (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing status: Reported within two business days (timely); Exhibit 24.1 Power of Attorney is incorporated by reference.

Context

• Director RSU grants are common compensation and represent future delivery of shares if vesting conditions are met; they are not an immediate market purchase or sale. Such awards are typically routine and do not by themselves indicate the director’s view on the company’s near-term stock performance.