Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 0

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 0
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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, DC 20549

#### SCHEDULE 14A
<div align='center'>(RULE 14a-101)</div>

### INFORMATION REQUIRED IN PROXY STATEMENT

#### SCHEDULE 14A INFORMATION
<div align='center'>Proxy Statement Pursuant to Section 14(a) of the Securities</div>

#### Exchange Act of 1934
<div align='center'>(Amendment No.)</div>

| Filed by the Registrant☒                      
 Filed by a Party other than the Registrant  ☐ 
 Check the appropriate box:                    |     |                                                                                 |
| ☐                                             |     | Preliminary Proxy Statement                                                     |
| ☐                                             |     | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒                                             |     | Definitive Proxy Statement                                                      |
| ☐                                             |     | Definitive Additional Materials                                                 |
| ☐                                             |     | Soliciting Materialunder§ 240.14a-12                                            |

#### EASTGROUP PROPERTIES, INC.
<div align='center'>(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)</div>

| Payment of Filing Fee (Check all boxes that apply): |     |                                                                                                     |
| ☒                                                   |     | No fee required                                                                                     |
| ☐                                                   |     | Fee paid previously with preliminary materials                                                      |
| ☐                                                   |     | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |

Letter to Shareholders

| April 11, 2025                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
 Dear Fellow Shareholders,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 On behalf of the entire Board of Directors, we would like to provide an update on how we are creating shareholder value and how we are progressing on key areas of stakeholder interest. We are proud of our people and our performance and we believe our business and future prospects remain resilient.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 Sustained Financial Performance and Shareholder Value Creation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
 2024 marked another year of multi-consecutive year-over-year increases. Our funds from operations attributable to common stockholders (“FFO”) increased by 7.2% – the fourteenth