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

Executive VP and CIO of Essential Properties Realty Trust, A Joseph Peil, acquired 111 shares of common stock due to an adjustment to performance-based RSUs.

Summary

• A Joseph Peil, Executive VP and CIO of Essential Properties Realty Trust, acquired 111 shares of common stock on April 11, 2025.
• The acquisition is a result of an adjustment to performance-based Restricted Stock Units (RSUs) granted in 2022.
• The adjustment is related to the payment of quarterly dividends to stockholders for the first quarter of 2025, as per the terms of the RSU award agreement.
• Following the transaction, Peil directly owns 89,817 shares of Essential Properties Realty Trust.
• The RSUs will vest on December 31, 2025.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction related to previously granted RSUs. It's neither overwhelmingly positive nor negative, but indicates continued executive ownership.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the RSUs.

Industry Context

Form 4 filings are routine disclosures of insider transactions and provide transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows confidence from an executive in the company.

Key Dates

Keywords

EPRT, Essential Properties Realty Trust, A Joseph Peil, Executive VP, CIO, RSU, Stock Acquisition, Form 4, Dividend Adjustment