4/A: Healthcare Realty Trust Director Amends Filing to Correctly Report Partnership Unit Grant

A Healthcare Realty Trust director amended a previous SEC filing to accurately reflect the grant of partnership units instead of common stock.

Summary

• John V. Abbott, a director of Healthcare Realty Trust Inc., filed an amended Form 4 with the SEC.
• The amendment corrects a previous filing from May 22, 2024, which incorrectly reported a grant of 8,443 shares of common stock.
• The corrected filing shows the grant as 8,443 LTIP Series D Partnership Units in Healthcare Realty Holdings, L.P., the operating subsidiary of Healthcare Realty Trust.
• These partnership units vest on May 20, 2025, and are convertible into common stock of the Issuer on a one-for-one basis upon achieving equivalent capital account balance per unit.
• Following the reported transaction, Abbott beneficially owns 17,441 shares of common stock directly and 15,571 partnership units directly.

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects attention to detail and compliance.

Future Outlook

The partnership units vest on May 20, 2025, and are convertible into common stock of the Issuer on a one-for-one basis upon achieving equivalent capital account balance per unit.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in the real estate investment trust (REIT) sector.

Stakeholder Impact

• The correction ensures accurate information for shareholders regarding executive compensation and ownership.

Key Dates