Form 4: American Healthcare REIT COO Gabriel Willhite Reports Share Transaction
SEC Form 4 Filing
Gabriel Willhite, COO of American Healthcare REIT, reports a transaction involving the repurchase of shares by the issuer to cover tax obligations.
Summary
- On October 1, 2024, American Healthcare REIT repurchased 907 shares of common stock from Gabriel M. Willhite, the Chief Operating Officer.
- The repurchase was executed at a price of $26.1 per share.
- This transaction was to satisfy Willhite's tax obligations related to the vesting of restricted common stock.
- Following the transaction, Willhite beneficially owns 156,270 shares of American Healthcare REIT.
- The transaction was made pursuant to an exception to a lock-up agreement between Willhite and the underwriters of the Issuer's offering of shares of common stock that closed on September 20, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is common for executives to have shares repurchased to cover tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| September 20, 2024 | Closing date of American Healthcare REIT's offering of shares of common stock. |
| October 1, 2024 | Date of the share repurchase transaction. |
| October 3, 2024 | Date of signature on the Form 4 filing. |
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