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EASTGROUP PROPERTIES INC

For the period ended Dec 31, 2024. Filed Apr 11, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Dec 31, 2024 · Filed Apr 11, 2025

EGP$193.81-0.0%Stored close · as of Nov 6, 2026
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Contents

Components of Our Compensation Program

The total compensation opportunity for our Named Executive Officers in 2024 incorporated three primary components: base salary, an annual cash and equity incentive award and long-term equity incentive awards subject to both performance-based vesting (earned over a three-year performance period) and service-based vesting (over a four-year period).

Target Compensation Mix
CEOOther NEOsMetrics and Key Features
Base SalarySet at competitive levels to attract and retain executive talent, with annual peer benchmarking of our Named Executive Officers’ (“NEOs”) salaries
Annual Cashand EquityIncentiveTargetPerformance Metrics: A balanced mix of•4 separate financial metrics commonly used to measure REIT performance, and•individual objectives to align compensation with Company strategic goalsForm of Payment and Vesting: 50% cash and 50% equity. Cash and 34% of the equity vests at the end of the 1-year performance period, with the remaining equity vesting ratably over an additional two years.
Long Term Incentive Equity Target
70%Performance-BasedPerformance Metrics:•50% relative TSR (Nareit Equity Index)•50% relative TSR (Nareit Industrial Index) Vesting: 75% after 3-year performance period, with the remainder vesting the following year subject to continued employment
30%Service-BasedVesting: Over four years
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.