Easterly Government Properties, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Easterly Government Properties, Inc. will hold its 2024 Annual Meeting of Stockholders on May 17, 2024, to vote on director elections, executive compensation, an equity incentive plan, and auditor ratification.</b>

AI Summary

Easterly Government Properties, Inc. (DEA) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Annual meeting scheduled for May 17, 2024, at 1:00 p.m. ET in Washington, D.C. Key agenda items include election of seven director nominees. Stockholders will vote on executive compensation and the frequency of such votes. Proposal to approve the 2024 Equity Incentive Plan. Ratification of PricewaterhouseCoopers LLP as independent auditor for FY2024.

Why It Matters

For investors and stakeholders tracking Easterly Government Properties, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A) detailing the agenda and proposals for the upcoming annual meeting. The meeting will allow stockholders to exercise their voting rights on critical corporate governance matters, including board composition and executive pay.

Risk Assessment

Risk Level: low — Easterly Government Properties, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees, executive compensation, and corporate plans.

Key Numbers

• 7 — Director Nominees (Number of director nominees to be elected)
• 2024 — Equity Incentive Plan (Year of the proposed equity incentive plan)
• 2024 — Fiscal Year (Fiscal year for which auditor is appointed)

Key Players & Entities

• Easterly Government Properties, Inc. (company) — Registrant name
• PricewaterhouseCoopers LLP (company) — Independent registered public accounting firm
• May 17, 2024 (date) — Date of annual meeting
• March 19, 2024 (date) — Record date for stockholders
• 2001 K Street NW (address) — Business and mail address
• Washington, D.C. (location) — Business and mail city/state

FAQ

Industry Context

Easterly Government Properties, Inc. is a real estate investment trust (REIT) specializing in properties leased to U.S. government agencies.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposals regarding executive compensation and the equity incentive plan.
3. Confirm the ratification of the independent auditor.

Key Dates

• 2024-05-17: Annual Meeting of Stockholders — To elect directors, vote on executive compensation, approve equity plan, and ratify auditor.
• 2024-03-19: Record Date — Determines stockholders entitled to vote at the annual meeting.

Year-Over-Year Comparison

This is the initial filing for the 2024 annual meeting proxy statement.

Key Financial Figures

• $0.01 — Holders of record of our common stock, $0.01 par value per share, at the close of bu

Filing Documents

• ny20016494x1_def14a.htm (DEF 14A) — 1675KB
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• 0001140361-24-018159.txt (&nbsp;) — 10768KB
• dea-20240517.xsd (EX-101.SCH) — 6KB
• dea-20240517_def.xml (EX-101.DEF) — 6KB
• dea-20240517_pre.xml (EX-101.PRE) — 7KB
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• ny20016494x1_def14a_htm.xml (XML) — 339KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 38 Compensation Discussion and Analysis 38 Compensation Committee Report 54 Summary Compensation Table 55 2023 Grants of Plan-Based Awards 56 Outstanding Awards at December 31, 2023 57 2023 Option Exercises and Stock Vested 59 Severance and Change in Control Benefits 59 Pay Ratio Disclosure 62 Pay Versus Performance Disclosure 63 Compensation Committee Interlocks and Insider Participation 67

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 68 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 71 Review and Approval of Future Transactions with Related Persons 71 Other Matters 71 DELINQUENT SECTION 16(a) REPORTS 71 OTHER MATTERS 72 Solicitation of Proxies 72 Stockholder Proposals 72 Attendance at the Meeting 72 Householding of Proxy Materials 73 Other Matters 73 Appendix A Non-GAAP Financial Measures A-1 Appendix B Easterly Government Properties 2024 Equity Incentive Plan B-1 TABLE OF CONTENTS EASTERLY GOVERNMENT PROPERTIES, INC. 2001 K STREET, NW, SUITE 775 NORTH WASHINGTON, D.C. 20006 PROXY STATEMENT FOR OUR 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 17, 2024 These proxy materials are being made available to our stockholders in connection with the solicitation of proxies by the Board of Directors, or the Board, of Easterly Government Properties, Inc., a Maryland corporation, for use at our 2024 annual meeting of stockholders to be held on Friday, May 17, 2024, at 1:00 p.m., Eastern Time, at 2001 K Street, NW, Suite 775 North, Washington, D.C. 20006, or at any postponement or adjournment of the annual meeting. References in this proxy statement to "we," "us," "our," "ours," and the "Company" refer to Easterly Government Properties, Inc., unless the context otherwise requires. This proxy statement and a form of proxy have been made available to our stockholders on the Internet and a Notice of Internet Availability of Proxy Materials will be mailed to stockholders on or about April 5, 2024. QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING Who is entitled to vote at the annual meeting? Holders of record of our common stock, $0.01 par value per share, at the close of business on March 19, 2024, the record date for the annual meeting, are entitled to receive notice of the annual meeting and to vote at the annual meeting. If you are a holder of record of our common stock as of the

View Full Filing

View this DEF 14A filing on SEC EDGAR