Form 4: EPR Properties Executive Reports Equity Transactions

Paul Robert Turvey, SVP & Assoc. General Counsel at EPR Properties, reported both the disposition of shares for tax obligations and the acquisition of new long-term incentive equity.

Summary

• Paul Robert Turvey, SVP & Assoc. General Counsel of EPR Properties, reported changes in his beneficial ownership of common shares.
• On January 2, 2026, 5,548 common shares were disposed of at a price of $49.9 per share to satisfy tax withholding obligations related to the vesting of equity awards.
• On the same date, 4,008 common shares were acquired as long-term incentive compensation, with a transaction price of $0.
• Following these transactions, Paul Robert Turvey directly beneficially owns 38,367 common shares of EPR Properties.
• The newly acquired shares will vest in four annual installments, commencing on January 1, 2027.

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 detailing insider transactions related to compensation and tax obligations, which is neutral in sentiment as it does not reflect operational performance or strategic shifts.

Positives

• Paul Robert Turvey received a grant of 4,008 common shares as long-term incentive compensation, aligning his interests with shareholders.

Negatives

• 5,548 common shares were disposed of to cover tax withholding obligations, reducing the executive's direct beneficial ownership in the short term.

Future Outlook

The 4,008 common shares granted as long-term incentive compensation are scheduled to vest in four equal annual installments, with the first vesting occurring on January 1, 2027.

Industry Context

This filing represents a routine insider transaction related to executive compensation, common across publicly traded companies. It reflects the standard practice of granting equity as long-term incentives and the associated tax obligations upon vesting.

Stakeholder Impact

• Shareholders: The grant of incentive shares aligns executive interests with shareholder value creation, while the disposition for tax is a routine event with minimal impact.

Next Steps

• The vesting of the 4,008 long-term incentive common shares will commence on January 1, 2027, in four annual installments.

Key Dates

Keywords

EPR Properties, EPR, Insider Transaction, Form 4, Equity Compensation, Stock Grant, Tax Withholding, Beneficial Ownership