secwatch.observer — SEC 8-K summary
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Issuer:     EASTGROUP PROPERTIES INC (EGP)
CIK:        0000049600
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000049600-22-000015
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49600/000004960022000015/0000049600-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49600/000004960022000015/egp-20220201.htm
  HTML page:      https://secwatch.observer/filing/0000049600-22-000015

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