Form 4: Community Healthcare Trust Director Acquires Shares as Part of Board Retainer

Director Claire M. Gulmi acquired 7,933 shares of Community Healthcare Trust Inc. as part of her 2025 board retainer, electing to receive shares of restricted stock in lieu of cash.

Summary

• On May 15, 2025, Claire M. Gulmi, a director of Community Healthcare Trust Inc., acquired 7,933 shares of common stock.
• The acquisition was part of her 2025 board retainer, which she elected to receive in the form of shares of restricted stock with a three-year restriction period.
• The company awarded her additional shares of restricted stock, equal to 60% of the value of the board retainer, because she elected to take her board retainer for 2025 in shares of restricted stock in lieu of cash.
• The price of the securities acquired is based on the ten-day average stock price of $16.64.
• Following the transaction, Gulmi beneficially owns 56,949.895 shares of Community Healthcare Trust Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's decision to take stock in lieu of cash suggests confidence in the company. It's a routine transaction, but it aligns interests.

Positives

• Director's decision to take retainer in stock shows confidence in the company's future.
• The acquisition increases the director's alignment with shareholder interests.

Industry Context

Directors receiving stock as part of their compensation is a common practice in the REIT industry to align their interests with those of shareholders.

Comparison to Industry Standards

• Many REITs compensate board members with a mix of cash and stock.
• The percentage of stock compensation can vary, but it's generally aimed at incentivizing long-term value creation.
• Comparing Community Healthcare Trust's board compensation structure to peers like Healthcare Realty Trust (HR) or Physicians Realty Trust (DOC) could provide further context.

Stakeholder Impact

• The transaction aligns the director's interests more closely with those of shareholders.
• Employees may view this as a positive sign of leadership's commitment to the company.

Key Dates

Keywords

Community Healthcare Trust Inc, Director, Share Acquisition, Form 4, Restricted Stock, Board Retainer, CHCT, Insider Transaction