---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-044298"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:12:59.648133+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# EastGroup Properties registers $1B ATM equity offering; prior program terminated

## Summary
- New sales agency financing agreement allows sale of up to $1,000,000,000 in common stock via ATM offerings.
- Commission to sales agents capped at 1.5% of gross sales price per share sold.
- Prior ATM program terminated; $3.8M in unsold shares remaining at termination.
- May also issue shares through forward sale agreements with forward purchasers.
- Proceeds for general corporate purposes including debt repayment, acquisitions, and development.

## SEC filing metadata
- accession: 0001140361-24-044298
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000114036124044298/0001140361-24-044298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000114036124044298/ny20037498x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-044298
- JSON: https://secwatch.observer/filing/0001140361-24-044298.json
- Plain text: https://secwatch.observer/filing/0001140361-24-044298.txt

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