Form 4: American Healthcare REIT Insider Trades: Jeffrey T. Hanson Reports Share Reclassification and Adjustments

Jeffrey T. Hanson, Non-Executive Chairman of American Healthcare REIT, reports transactions related to a share reclassification, including conversions and adjustments of holdings in various accounts and trusts.

Summary

• On August 5, 2024, Jeffrey T. Hanson reported transactions related to the reclassification of American Healthcare REIT's Class T and Class I Common Stock into Common Stock.
• The reclassification involved the automatic conversion of each outstanding share of Class T and Class I Common Stock into one share of Common Stock, with cash paid in lieu of fractional shares.
• Hanson's report details adjustments to his direct and indirect holdings, including shares held through the Hanson Family Trust, April L. Hanson's IRA, Crescentridge 401K Plan, Defined Benefit Pension Plan, NCT-107, LLC, and his spouse's Crescentridge 401K Plan.
• A small number of shares were sold at $15.568 to cover fractional shares resulting from the reclassification.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions related to a share reclassification. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and holdings in their company's stock. This filing is specific to a share reclassification event, which is a corporate action that affects all shareholders.

Stakeholder Impact

• The share reclassification impacts all shareholders of American Healthcare REIT, as Class T and Class I shares were converted to common stock.

Key Dates