Form 4: EPR Properties Executive Craig L. Evans Reports Share Disposal for Tax Obligations

Craig L. Evans, EVP & General Counsel of EPR Properties, disposed of shares to cover tax obligations related to vesting equity awards.

Summary

• On March 1, 2024, Craig L. Evans, EVP & General Counsel of EPR Properties, reported a transaction involving common shares of beneficial interest.
• The transaction involved the disposal of 13,074 shares to satisfy tax withholding obligations related to the vesting of equity awards.
• The price per share for the transaction was $41.76.
• Following the transaction, Evans directly owns 69,229 common shares of beneficial interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral. This is a routine transaction related to tax obligations and equity compensation, with no indication of significant positive or negative implications for the company.

Industry Context

Executive share disposals for tax obligations are a common occurrence in publicly traded companies, particularly around equity award vesting periods. This transaction is a routine part of executive compensation and tax management.

Comparison to Industry Standards

• Executive compensation practices, including equity awards and related tax obligations, are standard across publicly traded REITs like EPR Properties.
• Similar transactions are regularly reported by executives at comparable companies such as Simon Property Group (SPG) and Realty Income Corporation (O), reflecting standard practices for managing equity compensation and tax liabilities.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it is a routine disposal of shares by an executive for tax purposes.

Key Dates