Form 4: Healthcare Realty COO Sells Shares for Tax Obligations

Healthcare Realty Trust's EVP and COO, Robert E. Hull, disposed of 5,244 shares of common stock to cover tax obligations related to restricted share vesting.

Summary

• Robert E. Hull, Executive Vice President and Chief Operating Officer of Healthcare Realty Trust Inc (HR), reported a transaction on January 3, 2026.
• The transaction involved the disposition of 5,244 shares of common stock at a price of $16.95 per share.
• This disposition was identified as a 'F' transaction code, indicating shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of previously granted restricted shares.
• Following this transaction, Robert E. Hull beneficially owns 273,491 shares of Healthcare Realty Trust Inc common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the tax withholding associated with the vesting of restricted stock. Such transactions are common across all industries, including the healthcare real estate sector, and do not typically reflect a change in company strategy or operational performance.

Comparison to Industry Standards

• The disposition of shares to cover tax obligations upon restricted stock vesting is a standard practice for executive compensation across publicly traded companies, including those in the REIT sector like Healthcare Realty Trust. This is a common mechanism to manage the tax implications of equity awards.
• The reported transaction is consistent with typical compensation structures where restricted stock units (RSUs) vest over time, and a portion of the shares are automatically withheld by the issuer to satisfy statutory tax requirements.

Related Party Transactions

• The transaction involves the disposition of shares by an executive officer (Robert E. Hull, EVP and COO) to the issuer (Healthcare Realty Trust Inc) for tax withholding purposes, which is a common form of related party transaction in executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a voluntary sale indicating a change in confidence. The number of shares is a small fraction of the total outstanding.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Keywords

Healthcare Realty Trust, HR, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Vesting, Robert E. Hull