Form 4: Healthcare Realty Trust Director Peter Lyle Reports Acquisition of Partnership Units

Director Peter Lyle reports acquiring 14,462 partnership units in Healthcare Realty Holdings, convertible into Healthcare Realty Trust Inc. common stock.

Summary

• Peter Lyle, a director of Healthcare Realty Trust Inc., filed a Form 4 disclosing a transaction on May 21, 2024.
• He acquired 14,462 partnership units designated as LTIP Series D 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.
• The price of the derivative security is $15.99.
• Following the reported transaction, Lyle directly owns 21,590 derivative securities.
• Lyle also directly owns 16,576 shares of common stock and indirectly owns 6,652 shares held in trust.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating insider activity. The acquisition of partnership units by a director is generally viewed as a neutral to slightly positive signal.

Positives

• The acquisition of partnership units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of partnership units by a director may have a slight positive impact on shareholder sentiment.

Key Dates