Company: EGP
Filing Date: 2025-12-05
Form Type: 8-K
Source: 0001140361-25-044567
Chunk: 1

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-12-05
Form: 8-K
Item: Item 8.01
Chunk 1
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aggregate gross sales price of approximately $520.1 million remained unsold under such prior program. The Company also entered into eight separate Master Forward Confirmations on December 5, 2025 (each, a “ Master Forward Confirmation”) between the Company and each of the Forward Purchasers, the form of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Sales of the Shares, if any, may be made by means of ordinary brokers’ transactions on the New York Stock Exchange at market prices, in negotiated
transactions or by any other method permitted by law deemed to be an “at-the-market” offering as defined in Rule 415 under the Securities Act of 1933, as amended (the “ Act”), including
block transactions or sales made to or through a market maker other than on an exchange, at prices related to prevailing market prices or at negotiated prices. The Company may sell the Shares in amounts and at times to be determined by the Company
from time to time, but has no obligation to sell any of the Shares in the Offering, and may at any time suspend solicitation and offers under the Sales Agreements. Actual sales will depend on a variety of factors to be determined by the Company
from time to time, including (among others) market conditions, the trading price of the Company’s common stock, determinations by the Company of the optimal source of funding for the Company and potential uses of the funding available to the
Company. The Company intends to use the net proceeds of the Offering for general corporate purposes, which may include working capital, the repayment of amounts outstanding from time to time under the Company’s unsecured revolving credit facilities
or other indebtedness and the payment of costs of acquisition or development of industrial properties, or a combination thereof.

The Sales Agreement also provides that in addition to the offer and sale of the Shares through the Sales Agents, the Company also may enter into
separate forward sale agreements pursuant to the Master Forward Confirmations. In connection with any forward sale agreement pursuant to the relevant Master Forward Confirmation, the relevant Forward Purchaser will, at the Company’s request, borrow
from third parties and, through the relevant Sales Agent acting as agent for such Forward Purchaser, sell a number of shares of the Company’s common stock equal to the number of shares of the Company’s common stock underlying such forward sale
agreement. In no event will the aggregate number of shares sold through the Sales Agents or the Forward Sellers under