Form 4: EPR Director Transfers Shares to Trust

EPR Properties Director William P. Brown transferred 1,219 common shares to a revocable trust for estate planning, effective September 17, 2025.

Summary

• Director William P. Brown of EPR Properties reported a change in beneficial ownership of 1,219 Common Shares of Beneficial Interest.
• The transaction, which occurred on September 17, 2025, involved a transfer of these shares from direct ownership to an indirect ownership structure.
• The shares were transferred to the William Brown Revocable Trust, where William P. Brown and Lillian Sorohan serve as trustees.
• The transfer was executed at a price of $0 per share, indicating a non-market transaction such as a gift or estate planning transfer.
• Following this transaction, Mr. Brown directly holds 0 shares and indirectly holds 1,219 shares through the aforementioned trust.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving a transfer of shares to a trust for estate planning purposes, which is a neutral event for the company's operational performance.

Positives

• The transaction represents a routine estate planning measure by a director, which is a neutral event for the company's operational performance.

Negatives

• The transaction is a routine estate planning measure and does not indicate any negative operational or financial developments for the company.

Risks

• No specific risks to the company's operations or financial health are indicated by this insider transaction.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Management Comments

• The transaction involved a transfer of securities by the reporting person to a trust.

Industry Context

This insider transaction is a routine compliance filing and does not directly relate to broader industry trends or competitive dynamics for EPR Properties.

Related Party Transactions

• Director William P. Brown transferred 1,219 shares to the William Brown Revocable Trust, where he serves as a trustee, constituting a related party transaction for estate planning purposes.

Stakeholder Impact

• The transaction has minimal direct impact on shareholders as it is an internal transfer for estate planning and does not alter the director's overall beneficial interest in the company, nor does it affect company operations.

Key Dates

Keywords

EPR PROPERTIES, EPR, William P. Brown, Director, Form 4, Insider Transaction, Share Transfer, Trust, Beneficial Ownership, Estate Planning