Essential Properties (NYSE: EPRT) CEO gifts 30,098 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESSENTIAL PROPERTIES REALTY TRUST, INC. President and CEO Peter M. Mavoides reported a bona fide gift of 30,098 shares of Common Stock on March 24, 2026, with no sale proceeds. After this gift, he directly owns 337,501 shares.
The filing also shows indirect ownership entries tied to the Pete Mavoides Revocable Trust and the Susan Mavoides Revocable Trust. A footnote states that 132,959 shares were transferred from a joint account to each of these revocable trusts under an exemption provided by Rule 16a-13 of the Securities Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,098 shares gifted
Mixed
3 txns
Insider
Mavoides Peter M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 30,098 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 337,501 shares (Direct);
Common Stock — 132,959 shares (Indirect, See footnote)
Footnotes (1)
- Reflects a transfer of 132,959 shares from the Pete & Susan Mavoides JTWROS to each of the Pete Mavoides Revocable Trust and the Susan Mavoides Revocable Trust, which transfers were exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereunder. These shares are held by the Pete Mavoides Revocable Trust, for which the reporting person is sole grantor, trustee and lifetime beneficiary. These shares are held by the Susan Mavoides Revocable Trust, for which the reporting person's spouse is sole grantor, trustee and lifetime beneficiary.
FAQ
What insider transaction did EPRT CEO Peter M. Mavoides report?
Peter M. Mavoides reported a bona fide gift of 30,098 shares of Essential Properties Realty Trust Common Stock. The transaction carried a reported per-share price of $0.00, indicating it was a non-market, non-cash transfer rather than an open-market sale or purchase.
Was the EPRT CEO’s March 24, 2026 transaction an open-market sale?
No, the March 24, 2026 transaction was reported as a G code bona fide gift, with a per-share price of $0.00. This indicates a non-market transfer, not a sale into the open market, so it does not represent selling pressure on the stock.
How are the EPRT CEO’s indirect holdings structured after the filing?
Indirect holdings are shown through the Pete Mavoides Revocable Trust and the Susan Mavoides Revocable Trust. One footnote states the CEO is sole grantor, trustee, and lifetime beneficiary of his trust, while his spouse holds equivalent roles for the separate revocable trust.
Does the EPRT Form 4 indicate any derivative securities or option exercises?
No derivative positions or option exercises appear in this Form 4. The derivativeSummary is empty and the transactionSummary shows no exercises, tax withholding, or restructuring entries, indicating the filing centers on the reported stock gift and related holding entries.