Company: EGP
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000049600-25-000019
Chunk: 168

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-02-12
Form: 10-K
Item: Item 3
Chunk 168
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04 per share— — (232,066)— — (232,066)Stock-based compensation, net of forfeitures— 11,777 — — — 11,777 Issuance of 4,094,896 shares of common stock, common stock offering, net of expenses1 691,477 — — — 691,478 Withheld 31,254 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock— (4,836)— — — (4,836)Withheld 184 shares of common stock to satisfy    tax withholding obligations in connection with    the issuance of common stock— (32)— — — (32)Net distributions to noncontrolling interest— — — — (191)(191)BALANCE, DECEMBER 31, 20235 2,949,907 (366,473)24,888 307 2,608,634 Net income— — 227,751 — 56 227,807 Net unrealized change in fair value of interest rate swaps— — — (2,935)— (2,935)Common dividends declared – $5.34 per share— — (264,450)— — (264,450)Stock-based compensation, net of forfeitures— 12,493 — — — 12,493 Issuance of 4,071,536 shares of common stock,     common stock offering, net of expenses— 717,152 — — — 717,152 Withheld 33,381 shares of common stock to satisfy    tax withholding obligations in connection with     the vesting of restricted stock— (6,125)— — — (6,125)Withheld 192 shares of common stock to satisfy   tax withholding obligations in connection with    the issuance of common stock— (34)— — — (34)Contributions from noncontrolling interest— — — — 175 175 Net distributions to noncontrolling interest— — — — (173)(173)BALANCE, DECEMBER 31, 2024$5 3,673,393 (403,172)21,953 365 3