---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-22-000015"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T11:58:45.163545+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# EastGroup appoints David M. Fields to board, expanding to nine directors

## Summary
- David M. Fields appointed as independent director, effective Feb. 1, 2022.
- Board expands from eight to nine directors; seven of nine are independent.
- Fields also appointed to the Compensation Committee.
- Fields is EVP and General Counsel at Sunset Development, manager of Bishop Ranch.
- He receives prorated cash retainer ($56k/yr), equity grant ($100k FMV common), plus $25k restricted stock vesting over four years.

## SEC filing metadata
- accession: 0000049600-22-000015
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960022000015/0000049600-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960022000015/egp-20220201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-22-000015
- JSON: https://secwatch.observer/filing/0000049600-22-000015.json
- Plain text: https://secwatch.observer/filing/0000049600-22-000015.txt

## Key facts
- Executive change
  David M. Fields was appointed as Director at EASTGROUP PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: appointed David M. Fields to the Board as an independent director
  evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960022000015/0000049600-22-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.