Darrell W. Crate - 24 Feb 2026 Form 4 Insider Report for Easterly Government Properties, Inc. (DEA)

Role: President & CEO, Director
Signature: /s/ Franklin V. Logan, Attorney-in-fact for Darrell W. Crate
Issuer symbol: DEA
Transactions as of: 24 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 26 Feb 2026, 17:54:01 UTC
Previous filing: 20 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Crate Darrell W	President & CEO, Director	C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON	/s/ Franklin V. Logan, Attorney-in-fact for Darrell W. Crate	26 Feb 2026	0001201028

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DEA	Common Stock	Conversion of derivative security	$0	+31,488	+12%	$0.000000	300,079	24 Feb 2026	By Easterly Capital LLC	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DEA	LTIP Units	Conversion of derivative security	$0	-13,100	-98%	$0.000000	245	24 Feb 2026	Common Stock	13,100		Direct	F3, F4
transaction	DEA	LTIP Units	Conversion of derivative security	$0	-18,388	-100%	$0.000000	0	24 Feb 2026	Common Stock	18,388		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	31,488 LTIP units ("LTIP Units") in Easterly Government Properties LP (the "Partnership"), of which the Issuer is the sole general partner, were exchanged for an equal number of common units of limited partnership interest in the Partnership ("Common Units"), which were subsequently redeemed for an equal number of shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"). Upon redemption of the Common Units, the shares of Common Stock were issued to Easterly Capital LLC, an entity wholly-owned by the Reporting Person.
F2	Shares are reflected on a post-split basis in accordance with the 1-for-2.5 reverse stock split of the Issuer's issued and outstanding shares of Common stock completed on April 28, 2025. Includes 68,591 shares of Common Stock that had previously been reported as direct holdings by the Reporting Person but have been transferred to Easterly Capital LLC in transactions exempt from reporting pursuant to Rule 16a-13.
F3	Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to certain performance vesting hurdles, which were earned based on the Issuer's performance from January 3, 2023 through December 31, 2025.
F4	Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be exchanged, at the election of either the holder or the Partnership, into a Common Unit. Each Common Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may elect to acquire each Common Unit so presented for one share of Common Stock. LTIP Units are generally not convertible without the consent of the Issuer until two years from the grant date. These redemption rights have no expiration date.
F5	Represents LTIP Units granted as long-term incentive compensation pursuant to the Issuer's 2015 Equity Incentive Plan, as amended, subject to service-based vesting conditions, which were granted on January 3, 2023 and vested on December 31, 2025.