Form 4: Essential Properties Realty Trust Director Joyce DeLucca Reports Stock Grant and Holdings

Director Joyce DeLucca reported the acquisition of 3,818 shares of Essential Properties Realty Trust (EPRT) common stock through a grant of restricted stock units and the disposal of 32,603 shares.

Summary

• On May 14, 2025, Joyce DeLucca, a director of Essential Properties Realty Trust, acquired 3,818 shares of common stock through a grant of restricted stock units.
• The restricted stock units vest on the earlier of the first anniversary of the grant date or the first annual meeting of the Issuer's stockholders after the grant date, contingent upon continued service on the board.
• Each restricted stock unit represents the right to receive one share of common stock.
• Following the transaction, DeLucca directly owns 32,603 shares of EPRT common stock.
• DeLucca also disposed of 32,603 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The stock grant is a positive sign of alignment, but the disposal of shares is a negative sign.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders, incentivizing continued service and performance.

Future Outlook

The vesting of the restricted stock units is contingent upon the director's continued service on the board, suggesting an expectation of ongoing involvement.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's ongoing investment in the company.

Stakeholder Impact

• The stock grant aligns the director's interests with shareholders.
• The director's stock ownership provides confidence to investors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, EPRT, Essential Properties Realty Trust, Stock Grant, Restricted Stock Units