EQUITY OFFERINGS (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the Company’s common stock issuance activity sold directly through sales agents pursuant to the Company's ATM programs during the three months ended March 31, 2026 and the year ended December 31, 2025:


	Common Stock (1)	Weighted Average Price		Gross Proceeds		Net Proceeds
	(In shares)	(Per share)		(In thousands)
Three months ended March 31, 2026	365,620	$	191.46	$	70,000	69,300




Year ended December 31, 2025	33,120	$	183.15	$	6,066	6,005

(1)Excludes shares of common stock sold on a forward basis as described below.

Forward Equity Offering Activity

The following table presents the Company’s forward equity offering activity during the three months ended March 31, 2026 and the year ended December 31, 2025:


	Common Stock	Weighted Average Price		Gross Proceeds
	(In shares)	(Per share)		(In thousands)
Forward Sale Agreements Outstanding at December 31, 2024	385,253	$	175.07	$	67,446
New forward sale agreements (1)	1,063,825	181.89		193,498
Forward sale agreements settled — Shares issued and proceeds received (2)	(1,449,078)	180.08		(260,944)
Forward Sale Agreements Outstanding at December 31, 2025	—	N/A		—
New forward sale agreements (1)	252,136	196.16		49,459
Forward sale agreements settled — Shares issued and proceeds received	—	N/A		—
Forward Sale Agreements Outstanding at March 31, 2026	252,136	$	196.16	$	49,459

(1)The Company did not receive any proceeds from the sale of common shares by the forward counterparties at the time it entered into forward sale agreements.

(2)EastGroup settled outstanding forward equity sale agreements by issuing 1,449,078 shares of common stock in exchange for net proceeds of approximately $258,066,000.