Form 4: Essential Properties Realty Trust Executive VP Acquires Additional Shares Due to RSU Adjustment

Mark E. Patten, Executive VP, CFO & Treasurer of Essential Properties Realty Trust, acquired 202 shares of common stock due to an adjustment to performance-based RSUs.

Summary

• On April 11, 2025, Mark E. Patten, Executive VP, CFO & Treasurer of Essential Properties Realty Trust, acquired 202 shares of common stock.
• The acquisition was due to an adjustment to the shares subject to performance-based RSUs granted in 2022.
• These RSUs will vest on December 31, 2025, in connection with the payment of quarterly dividends to stockholders for the first quarter of 2025.
• Following the transaction, Patten directly owns 134,565 shares of Essential Properties Realty Trust.
• The transaction was reported on April 15, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares related to executive compensation.

Key Dates

Keywords

EPRT, Essential Properties Realty Trust, Mark E. Patten, RSU, Stock Acquisition, Form 4, Insider Trading