Form 4: EPR Properties SVP Tonya L. Mater Reports Acquisition and Disposal of Shares

Tonya L. Mater, SVP & Chief Accounting Officer of EPR Properties, reports acquiring shares as long-term incentive compensation and disposing of shares to cover tax obligations.

Summary

• On February 26, 2024, Tonya L. Mater, SVP & Chief Accounting Officer of EPR Properties, reported transactions involving the company's common shares.
• Mater acquired 2,045 shares as long-term incentive compensation, vesting in four annual installments starting January 1, 2025.
• She also acquired 10,638 shares pursuant to the 2021 Performance Share Plan.
• Additionally, Mater disposed of 4,824 shares to satisfy tax withholding obligations related to the issuance of unrestricted equity awards at a price of $42.87 per share.
• Following these transactions, Mater beneficially owns 43,710 common shares of EPR Properties.

Sentiment

Score: 6

Explanation: The document reflects standard insider trading activity related to compensation and tax obligations, with no significant positive or negative implications.

Positives

• The acquisition of shares as long-term incentive compensation aligns Mater's interests with the long-term performance of EPR Properties.
• The issuance of shares under the 2021 Performance Share Plan suggests the achievement of certain performance metrics.

Negatives

• The disposal of shares to cover tax obligations, while common, slightly reduces Mater's holdings in the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's typical for executives to receive stock-based compensation and subsequently sell shares to cover tax liabilities.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The vesting schedule of the long-term incentive compensation is typical, with annual installments being a common approach.
• Selling shares to cover tax obligations is a widespread practice among corporate insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The disclosure provides transparency to shareholders regarding insider trading activity.

Key Dates