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AI brief of an SEC Form 8-K · Easterly Government Properties (DEA)

Easterly Government Properties grants 844,000 performance-based LTIP Units to executives, directors

Neutral Impact 3 of 5 shareholder Written later

Easterly Government Properties granted 844,000 performance-based LTIP Units on August 26, 2025 to senior management, named executive officers and non-employee directors under its 2024 Equity Incentive Plan. The awards vest only if the stock's average price reaches $33.78 to $36.03 over eight years, compared with a $22.52 baseline, so they pay out only if shareholders see substantial share price gains.

Key points

  • Total grant of 844,000 LTIP Units; the largest single award went to Mr. Crate at 425,000 units
  • Full vesting after five years requires the company's highest 20-day average stock price to reach $33.78 (75% earned) or $36.03 (100% earned) within eight years
  • Baseline price was $22.52, the NYSE closing price on August 25, 2025
  • Awards vest fully on a change in control under certain conditions, with performance conditions still applying

The filing

CompanyEasterly Government Properties (DEA)
Form8-K, current report
Filed with the SECAug 28, 2025, 4:30 PM ET
Accession number0001622194-25-000010

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.