Form 4: Healthcare Realty Trust EVP and CIO Ryan E. Crowley Sells Shares to Cover Tax Obligations

Ryan E. Crowley, EVP and CIO of Healthcare Realty Trust, sold 1,541 shares of common stock to cover tax obligations related to vesting restricted shares.

Summary

• Ryan E. Crowley, an Executive Vice President and Chief Investment Officer at Healthcare Realty Trust, sold 1,541 shares of common stock on December 11, 2024.
• The sale was executed at a price of $17.4 per share.
• This transaction was to cover tax obligations associated with the vesting of previously granted restricted shares.
• Following the transaction, Crowley directly owns 97,553 shares of Healthcare Realty Trust common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, not indicative of positive or negative sentiment towards the company.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock vests.

Comparison to Industry Standards

• Similar transactions are common among executives in publicly traded companies, particularly when dealing with restricted stock units.
• Many companies use similar methods to handle tax obligations related to stock-based compensation.
• The sale of shares to cover taxes is a standard practice and does not necessarily indicate a change in the executive's outlook on the company's future.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Healthcare Realty Trust, Ryan E. Crowley, insider trading, stock sale, tax obligations, restricted shares, HR