Form 4: American Healthcare REIT CFO Brian Peay Reports Share Disposal to Cover Tax Obligations
SEC Form 4 Filing
Brian Peay, CFO of American Healthcare REIT, disposed of 1,814 shares to cover tax obligations related to vesting restricted stock.
Summary
- On October 1, 2024, Brian Peay, the Chief Financial Officer of American Healthcare REIT, disposed of 1,814 shares of common stock.
- The disposal was executed to cover tax obligations associated with the vesting of restricted common stock.
- The transaction was made pursuant to an exception to a lock-up agreement related to the company's offering that closed on September 20, 2024.
- Following the transaction, Peay directly owns 182,123 shares and indirectly owns 807 shares through the Brian and Kristen Peay 2007 Trust DTD 06/26/2007.
Sentiment
Score: 7
Explanation: The sentiment is neutral as the filing represents a routine transaction to cover tax obligations. It doesn't indicate any fundamental issues with the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction appears to be routine, related to tax obligations from vested stock.
Key Dates
| Date | Description |
|---|---|
| 06/26/2007 | Date of Brian and Kristen Peay 2007 Trust DTD |
| 09/20/2024 | Closing date of American Healthcare REIT's offering of shares of common stock |
| 10/01/2024 | Date of share disposal to cover tax obligations |
| 10/03/2024 | Date of signature on the Form 4 filing |
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