Form 4: Dianne Hurley Reports Conversion of Class T Common Stock in American Healthcare REIT

Dianne Hurley, a director of American Healthcare REIT, reported the conversion of Class T Common Stock to Common Stock on August 5, 2024.

Summary

• On August 5, 2024, Dianne Hurley, a director of American Healthcare REIT, reported a transaction involving the conversion of Class T Common Stock to Common Stock.
• The conversion was exempt under Rule 16b-7 of the Securities Exchange Act of 1934.
• Each share of Class T Common Stock automatically converted into one share of Common Stock.
• Cash was paid in lieu of fractional shares.
• Hurley disposed of 17,385 shares of Class T Common Stock and acquired 17,384 shares of Common Stock due to the conversion.
• She also acquired 24,791 shares of common stock.
• Following the transaction, Hurley directly owns 24,791 shares of Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine filing related to a pre-planned stock conversion, indicating a neutral to slightly positive sentiment as it reflects the execution of corporate actions.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The conversion of Class T Common Stock to Common Stock impacts shareholders by simplifying the company's capital structure.

Key Dates