Company: EGP
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001140361-25-044550
Chunk: 10

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-12-05
Form: 424B5
Chunk 10
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 common stock equal to the number of shares of common stock underlying that particular Forward Contract or that, with respect to borrowing such number of shares of common stock, it would incur a cost that is greater than the stock borrow cost specified in that particular Forward Contract, subject to a prior notice requirement; |

| • | a termination event occurs as a result of us declaring a dividend or distribution on our common stock with a cash value in excess of a specified amount per calendar quarter, or with an ex-dividend date prior to the anticipated ex-dividend date for such cash dividend; |

| • | an extraordinary event (as such term is defined in that particular Forward Contract and which includes certain mergers and tender offers and the delisting of our common stock) occurs or there is a public announcement of any action that, if consummated, would constitute such an extraordinary event; or |

| • | certain other events of default, termination events or other specified events occur, including, among other things, any material misrepresentation made by us in connection with entering into that particular Forward Contract, our bankruptcy or a change in law (as such terms are defined in that particular Forward Contract). |

A Forward Purchaser’s decision to exercise its right to accelerate the settlement of a particular Forward Contract will be made irrespective of our need for capital. In such cases, we could be required to issue and deliver shares of common stock under the physical settlement provisions of that particular Forward Contract or, if we so elect and the Forward Purchaser so permits our election, net share settlement provisions of that particular Forward Contract irrespective of our capital needs, which would result in dilution to our earnings per share. We expect that settlement of any Forward Contract will generally occur no later than the date specified in the particular Forward Contract, which will be no later than two years following the trade date of that Forward Contract. However, any Forward Contract may be settled earlier than that specified date in whole or in part at our option. We expect that each Forward Contract will be physically settled by delivery of shares of our common stock unless we elect to cash settle or net share settle a particular Forward Contract. Upon physical settlement or, if we so elect, net share settlement of a particular Forward Contract, delivery of shares of our common stock in connection with such physical settlement or, to the extent we are obligated to deliver shares of our common stock, net share settlement, will result in dilution to our earnings per share. If we elect cash settlement or net share settlement with respect to all or a portion of the shares of