Form 4: EPRT CEO Mavoides Disposes Shares Under 10b5-1 Plan

Essential Properties Realty Trust CEO Peter M. Mavoides disposed of 89,139 shares of common stock at $30.04 per share under a pre-arranged 10b5-1 plan.

Summary

• Peter M. Mavoides, President and CEO, and a Director of Essential Properties Realty Trust, Inc. (EPRT), reported a disposition of common stock.
• On January 20, 2026, Mavoides disposed of 89,139 shares of EPRT common stock.
• The transaction occurred at a price of $30.04 per share.
• Following this transaction, Mavoides beneficially owns 332,754 shares of common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• The transaction code 'F' typically indicates a disposition to cover tax withholding obligations upon the vesting of restricted stock or similar equity awards.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition of shares, likely for tax purposes, under a pre-arranged 10b5-1 plan, which is a common practice for executives and does not inherently signal positive or negative company performance.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled and not a reaction to recent market events, which can reduce concerns about opportunistic selling.

Negatives

• A disposition of shares by a CEO, even for tax purposes, reduces their direct equity stake in the company.

Future Outlook

NA

Industry Context

This is a routine insider transaction disclosure for a REIT executive. It doesn't directly reflect broader industry trends but is a standard part of executive compensation and tax planning in publicly traded companies across all sectors, including real estate.

Related Party Transactions

• Peter M. Mavoides, President and CEO, and a Director, disposed of 89,139 shares of common stock, which is a transaction involving a related party (company insider).

Stakeholder Impact

• Shareholders: The disposition slightly reduces the CEO's direct ownership stake, but the pre-arranged nature of the sale (10b5-1 plan) mitigates concerns about management's confidence in the company's future. It's a routine event for executive compensation and tax planning.

Key Dates

Recommendation

This Form 4 filing details a routine, pre-scheduled disposition of shares by the CEO under a 10b5-1 plan, likely for tax purposes. Such transactions are common for executives and do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this disclosure. Investors should consider broader company performance, industry trends, and financial reports for investment decisions.

Keywords

Essential Properties Realty Trust, EPRT, Peter M. Mavoides, Insider Trading, Form 4, Stock Disposition, CEO, 10b5-1 Plan, Real Estate, REIT