Form 4: EPRT CFO Sells Shares Under Pre-Arranged Plan

Essential Properties Realty Trust's Executive VP and CFO, Robert Webb Salisbury, sold 5,851 shares of common stock for approximately $186,590 under a pre-arranged trading plan.

Summary

• Robert Webb Salisbury, Executive VP and CFO of Essential Properties Realty Trust, Inc. (EPRT), reported the sale of 5,851 shares of common stock.
• The transaction occurred on March 20, 2026, at a weighted average price of $31.88 per share, with prices ranging from $31.88 to $31.89.
• The total value of the shares sold is approximately $186,590.68.
• The sale was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• Following this transaction, Mr. Salisbury directly beneficially owns 8,310 shares of Essential Properties Realty Trust, Inc. common stock.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative to neutral event. While it's an insider sale, the fact that it's under a 10b5-1 plan mitigates some of the immediate negative sentiment, as it's a pre-scheduled event rather than a reactive one. However, it still represents a reduction in executive ownership.

Negatives

• An insider sale, even under a pre-arranged plan, can sometimes be interpreted by the market as a signal of reduced confidence or a desire to diversify holdings, potentially leading to negative sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly sales, are routinely monitored by investors for insights into management's perspective on the company's valuation and future prospects. While this sale is under a 10b5-1 plan, which suggests it was pre-scheduled and not necessarily reactive to immediate news, it still represents a reduction in an executive's direct equity stake.

Stakeholder Impact

• Shareholders may interpret the insider sale as a signal, potentially influencing their perception of the company's stock value or future performance, although the 10b5-1 plan context suggests it's not a reactive decision.

Key Dates

Recommendation

A single insider sale, even by a CFO, especially when executed under a pre-arranged 10b5-1 plan, typically does not warrant a change in investment recommendation without additional context or a pattern of significant insider selling. Investors should 'hold' and monitor for broader trends or other material news.

Keywords

Essential Properties Realty Trust, EPRT, Insider Sale, Form 4, Robert Webb Salisbury, CFO, Stock Transaction, 10b5-1 Plan