Form 4: Janaki Sivanesan Reports Changes in Beneficial Ownership of Essential Properties Realty Trust

Director Janaki Sivanesan reports acquisition and disposal of Essential Properties Realty Trust stock, including a grant of restricted stock units.

Summary

• Janaki Sivanesan, a director of Essential Properties Realty Trust, filed a Form 4 to report changes in beneficial ownership.
• The report details the acquisition of 3,818 shares of common stock on May 14, 2025, through a grant of restricted stock units.
• These 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.
• Sivanesan also disposed of 25,306 shares of common stock.
• Following these transactions, Sivanesan beneficially owns 25,306 shares of Essential Properties Realty Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings of the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Essential Properties Realty Trust, EPRT, Director, Janaki Sivanesan, Restricted Stock Units, Stock Grant, Securities Exchange Act