Form 4: EPRT CEO Mavoides Transfers Shares to Revocable Trusts

Essential Properties Realty Trust CEO Peter M. Mavoides transferred 132,959 shares of common stock between trusts, a transaction exempt from Section 16 reporting.

Summary

• Peter M. Mavoides, Director, President, and CEO of Essential Properties Realty Trust, Inc. (EPRT), reported a transaction on March 24, 2026.
• The transaction involved a transfer of 132,959 shares of Common Stock from the Pete & Susan Mavoides JTWROS (Joint Tenancy With Right Of Survivorship) to two separate revocable trusts.
• This transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13.
• Following the reported transaction, Peter M. Mavoides directly beneficially owns 337,501 shares of Common Stock.
• Indirect beneficial ownership includes 132,959 shares held by the Pete Mavoides Revocable Trust, for which the reporting person is the sole grantor, trustee, and lifetime beneficiary.
• An additional 132,959 shares are indirectly beneficially owned through the Susan Mavoides Revocable Trust, for which the reporting person's spouse is the sole grantor, trustee, and lifetime beneficiary.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, primarily an administrative transfer for estate planning purposes by a key executive, with no direct implications for company performance or market sentiment.

Positives

• The transaction represents an internal transfer for estate planning purposes rather than a market sale, which typically does not signal a lack of confidence in the company.
• The transfer was exempt from Section 16 reporting requirements under Rule 16a-13, indicating compliance with regulatory provisions for such internal reorganizations of ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into changes in beneficial ownership by company officers and directors. This specific filing details an internal transfer, common for estate planning, rather than a market transaction, which is a routine event in corporate governance.

Comparison to Industry Standards

• This Form 4 filing is a standard disclosure for an insider's change in beneficial ownership due to an internal transfer, aligning with typical regulatory reporting requirements across the industry for such events.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is an internal transfer of ownership for estate planning, not a market sale or purchase. It provides transparency regarding insider holdings without signaling a change in the executive's confidence in the company.

Key Dates

Recommendation

This Form 4 filing details an internal transfer of shares by the CEO for estate planning purposes and does not reflect a change in the CEO's overall beneficial ownership or confidence in the company. As such, it provides no new information to warrant a change in investment recommendation.

Keywords

EPRT, Essential Properties Realty Trust, Peter M. Mavoides, Form 4, insider transaction, stock transfer, revocable trust, CEO, Director