Company: EGP
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001140361-25-044550
Chunk: 1

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-12-05
Form: 424B5
Chunk 1
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, borrow from third parties and, through the relevant agent, sell a number of shares of our common stock equal to the number of shares of our common stock underlying the particular Forward Contract. We refer to the sales agents, when acting as agents for Forward Purchasers, as “Forward Sellers,” except that with respect to Nomura Global Financial Products, Inc., the relevant Forward Seller is Nomura Securities International, Inc. (acting through BTIG, LLC as agent). In no event will the aggregate number of shares of our common stock sold through the Sales Agents or the Forward Sellers under the Sales Agreement and under any Forward Contracts, or directly to the Sales Agents acting as principals, have an aggregate sales price in excess of $1,000,000,000. Sales of our common stock, if any, pursuant to this prospectus supplement and the accompanying prospectus may be made by means of ordinary brokers’ transactions on the New York Stock Exchange (the “ NYSE”) 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 “ Securities 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. Accordingly, an indeterminate number of shares of our common stock may be sold up to the number of shares that will result in an aggregate gross sales price of up to $1,000,000,000. The Sales Agents are not required to sell any specific number or dollar amount of our common stock, but each Sales Agent will use its commercially reasonable efforts consistent with its normal trading and sales practices and applicable law and regulation to sell shares designated by us in accordance with the Sales Agreement. We will pay each Sales Agent a commission which in each case is not to exceed 1.5% of the gross sales price of all shares of our common stock sold through it as our agent. The remaining sales proceeds, after deducting any expenses payable by us and any transaction fees imposed by any governmental or self-regulatory organization in connection with the sales, will equal our net proceeds for the sale of shares of our common stock. In connection with each Forward Contract, we will pay the relevant Forward Seller or its agent, in the form of a reduced initial forward sale price under the related Forward Contract with the related Forward Purchaser, commissions at a mutually agreed rate that will not exceed, but may be lower than