Form 4: Healthcare Realty Trust Director Christann M Vasquez Reports Acquisition of Partnership Units
SEC Form 4 Filing
Director Christann M Vasquez reports acquiring partnership units convertible into common stock of Healthcare Realty Trust Inc.
Summary
- Christann M Vasquez, a director of Healthcare Realty Trust Inc., filed a Form 4 disclosing a transaction.
- On May 20, 2025, Vasquez acquired 9,018 partnership units designated as LTIP Series D Units in Healthcare Realty Holdings, L.P.
- These units are convertible into common stock of the Issuer on a one-for-one basis after vesting on May 19, 2026, and achieving an equivalent capital account balance per unit.
- The price of the derivative security is $14.97.
- Following the reported transaction, Vasquez directly owns 32,815 shares of common stock and 24,589 derivative securities.
- The filing was signed by Andrew E. Loope as power of attorney on May 22, 2025.
Sentiment
Score: 7
Explanation: The acquisition of partnership units by a director is generally a positive sign, indicating confidence in the company's future prospects. However, it's a routine filing, so the impact is moderate.
Positives
- The acquisition of partnership units by a director signals confidence in the company's future performance.
Future Outlook
The partnership units vest on May 19, 2026 and, upon achieving equivalent capital account balance per unit, are convertible into common partnership interests in HR Holdings and then may be converted into common stock of the Issuer on a one-for-one basis.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to gauge management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The acquisition of partnership units by a director may positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Acquisition of partnership units |
| 05/19/2026 | Vesting date of the partnership units |
| 05/22/2025 | Date of signature by power of attorney |
Keywords
Form 4, Healthcare Realty Trust, Director, Partnership Units, LTIP Series D Units, Beneficial Ownership, HR, HR Holdings, Christann M Vasquez
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