Jenkins Robert M 4

What Happened
Robert M. Jenkins, Executive Vice President and COO of Essential Properties Realty Trust, received 34,165 shares on 2026-02-10 as the result of a performance-based restricted stock award (coded A — acquisition, $0 per share on the filing). On the same date 8,738 of those shares were disposed (coded F — payment of tax liability) at $31.91 per share, resulting in proceeds/withholding of $278,830 reported on the Form 4.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely: two days after the transaction).
• Award: 34,165 shares reported as acquired at $0 (performance-based RSUs).
• Withholding: 8,738 shares surrendered/withheld at $31.91 to cover tax liability (total $278,830).
• Post-transaction holdings: Not disclosed in this filing.
• Footnote: The shares were from a 2023 performance-based RSU grant; 50% vested immediately upon certification of performance and the remaining 50% will vest on 12/31/2026, subject to continued service.
• Filing references a Power of Attorney (Exhibit 24.1).

Context
This was primarily an award vesting (an acquisition of shares due to performance-based RSUs). The share disposition was a routine tax-withholding event — common when restricted stock units vest — and not an open-market sale indicating investment sentiment. Transaction codes: A = award/acquisition; F = tax withholding/payment.