ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) Form 8-K — Sep 9, 2026
Essential Properties Realty Trust's board promoted R. Max Jenkins, previously Executive Vice President and Chief Operating Officer, to President and Chief Operating Officer on September 4, 2026, with Peter M. Mavoides continuing as Chief Executive Officer. Craig Vachris was named the new Executive Vice President and Chief Investment Officer, replacing A Joseph Peil, whose employment the board terminated effective September 8, 2026 with severance benefits under his existing agreement.
Key figures
- Ltip Vesting Schedule
- 50% at three-year anniversary, 50% at four-year anniversary
- Ltip Grant Target Value Usd
- 2000000
- Cio Termination Effective Date
- 2026-09-08
- Employment Agreement Initial Term
- through March 31, 2031, subject to one-year automatic renewals
- Severance Multiple Within Change In Control
- 3x base salary plus target annual bonus
- Severance Multiple Outside Change In Control
- 2x base salary plus average annual bonus (Jenkins: 2x base salary)
Price after filing
Close on the filing date to close N calendar days later (from $29.58). Historical, not a forecast.
AI analysis
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