--- schema_version: "secwatch.filing_event.v1" accession: "0000049600-23-000066" form_type: "8-K" ticker: "EGP" cik: "0000049600" company_name: "EASTGROUP PROPERTIES INC" filed_at: "2023-05-26T23:59:59+00:00" generated_at: "2026-06-14T13:33:48.300844+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # EastGroup Properties elects Donald F. Colleran as Chairman; shareholders approve 2023 equity plan ## Summary - Donald F. Colleran appointed Chairman of the Board effective May 25, 2023, succeeding David H. Hoster II who did not stand for re-election. - Shareholders approved the 2023 Equity Incentive Plan authorizing 1.5M shares, less one share per award granted under the Prior Plan after March 31, 2023. - All seven director nominees elected; KPMG ratified as independent auditor for fiscal 2023. - Advisory say-on-pay approved; shareholders chose annual frequency for future advisory votes on executive compensation. ## SEC filing metadata - accession: 0000049600-23-000066 - form_type: 8-K - ticker: EGP - cik: 0000049600 - company_name: EASTGROUP PROPERTIES INC - filed_at: 2023-05-26T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 5.02, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/egp-20230525.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000049600-23-000066 - JSON: https://secwatch.observer/filing/0000049600-23-000066.json - Plain text: https://secwatch.observer/filing/0000049600-23-000066.txt ## Key facts - Shareholder Votes EASTGROUP PROPERTIES INC shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-05-25 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-25 source text: Proposal 2: Ratification of Independent Registered Public Accounting Firm. The results of the voting for the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows: Affirmative Negative Abstentions 39,939,194 1,478,651 22,546 evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm - Shareholder Votes EASTGROUP PROPERTIES INC shareholders approved Non-Binding, Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-25 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-05-25 source text: Proposal 4: Non-Binding, Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation. The results of the non-binding advisory vote on the frequency of future advisory votes on executive compensation were as follows: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 37,470,317 9,969 948,870 20,060 2,991,175 evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm - Shareholder Votes EASTGROUP PROPERTIES INC shareholders approved Non-Binding, Advisory Vote on Executive Compensation at the 2023-05-25 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-25 source text: Proposal 3: Non-Binding, Advisory Vote on Executive Compensation. The results of the non-binding advisory vote on the compensation of the Company’s named executive officers were as follows: Affirmative Negative Abstentions Broker Non-Votes 37,330,410 1,093,971 24,835 2,991,175 evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm - Shareholder Votes EASTGROUP PROPERTIES INC shareholders approved Approval of the 2023 Equity Incentive Plan at the 2023-05-25 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-05-25 source text: Proposal 5: Approval of the 2023 Equity Incentive Plan. The results of the vote to approve the 2023 Equity Incentive Plan were as follows: Affirmative Negative Abstentions Broker Non-Votes 37,199,170 1,200,556 49,490 2,991,175 evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm - Shareholder Votes EASTGROUP PROPERTIES INC shareholders approved Election of Directors at the 2023-05-25 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-25 source text: Proposal 1: Election of Directors. The results of the voting for the seven director nominees were as follows: Name Affirmative Negative Abstentions Broker Non-Votes D. Pike Aloian 37,485,564 943,880 19,772 2,991,175 H. Eric Bolton, Jr. 37,934,369 501,258 13,589 2,991,175 Donald F. Colleran 36,719,070 1,716,098 14,048 2,991,175 David M. Fields 36,153,981 2,281,723 13,512 2,991,175 Marshall A. Loeb 38,133,627 299,339 16,250 2,991,175 Mary E. McCormick 36,074,312 2,355,347 19,557 2,991,175 Katherine M. Sandstrom 36,575,460 1,859,281 14,475 2,991,175 evidence_url: https://www.sec.gov/Archives/edgar/data/49600/000004960023000066/0000049600-23-000066-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.