Alexander KarpAlexander Karp earned $1B in 2024

In 2015, David H. Hoster II earned $3.69M in total compensation at EastGroup Properties, including $623.00K salary, $788.10K bonus and $2.26M in stock. Most recently acquired 696 shares in Jun 2022. Currently holds stock worth $18.61M. Has donated $35.45M in stock to charitable causes. Led EastGroup Properties as CEO for 18 years.

Compensation History

Annual executive compensation data for David H. Hoster II, including salary, bonuses, and stock awards.

Year

2015

Total Compensation

$3.69M

Salary

$623.00K

Bonus

$788.10K

Other

$21.90K

Salary

$623.00K

Board Justification

The compensation philosophy aligns executive pay with performance metrics and shareholder interests, targeting competitive compensation within a peer group.

Bonus

$788.10K

Board Justification

Annual cash incentive based on performance metrics exceeding target performance, awarded at 115% of target.

Other Compensation

$21.90K

Board Justification

Includes the Company’s discretionary contribution and matching contribution to its 401(k) Plan and the amount of premium paid by the Company for group term life insurance.

Restricted Stock

$2.26M35.93K Restricted Stock

Board Justification

Restricted stock awards that vested during 2015, reflecting performance in 2015.

Performance Metrics

Performance metrics included funds from operations (FFO) per share, same property net operating income growth, and total shareholder return.

E

David H. Hoster II

Ex-CEO of EastGroup Properties

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1951 - 74 years ago

CEO of EastGroup Properties for

18 years 11 months (Jan 1997 - Dec 2015)

Previous Experience

President from 1994 to March 2015

Holdings

Track David H. Hoster II's stock holdings and portfolio value over time.

Total Stock Sold

$11.06M

EGP

$11.06M

164,221 EGP shares

What if they kept their stock?

If David H. Hoster II didn't sell their stock, today they would have:
Extra EGP164,221 shares worth $29.64M.
This is 167.96% and $18.58M more than what they got when they sold the stock.

Charitable Transactions

EGP

196,445 shares

EGP

Recent Charitable Transactions

EGP

142,854 shares

EGP

Jun 4, 2021

Charity

EGP

680 shares

EGP

Dec 8, 2016

Charity

EGP

52,911 shares

EGP

Dec 13, 2012

Charity

Insider Trading

David H. Hoster II's recent stock transactions, purchases, and sales filed with the SEC.

EGP

696 shares

EGP

Jun 3, 2022

Received

EGP

638 shares

EGP

Jun 4, 2021

Received

EGP

142,854 shares

EGP

Jun 4, 2021

Charity

EGP

142,854 shares

EGP

Jun 4, 2021

Charity

EGP

$109.39K

EGP at $137.08/share

Aug 7, 2020

Sale

EGP

932 shares

EGP

May 29, 2020

Received

EGP

$797.04K

EGP at $132.84/share

Oct 28, 2019

Sale

EGP

$104.40K

EGP at $110.83/share

May 31, 2019

Sale

EGP

798 shares

EGP

May 31, 2019

Received

EGP

942 shares

EGP

May 30, 2018

Received

Rivals

Compare David H. Hoster II with competitor CEOs and industry peers.