Form 4: Healthpeak Properties CEO Transfers Over 64,000 OP Units to Spouse's Trust

Healthpeak Properties' President and CEO, Scott M. Brinker, reported a transfer of 64,095 Operating Partnership Units to a revocable trust of his spouse on June 4, 2025.

Summary

• Scott M. Brinker, who serves as President and CEO and a Director of Healthpeak Properties, Inc. (DOC), filed a Statement of Changes in Beneficial Ownership (Form 4).
• On June 4, 2025, Mr. Brinker transferred 64,095 Operating Partnership Units (OP Units) to a revocable trust established for his spouse.
• These OP Units were previously reported as Long-Term Incentive Plan (LTIP) Units directly held by Mr. Brinker, which had converted into OP Units.
• The OP Units are redeemable for cash equivalent to the fair market value of one share of Healthpeak Properties' Common Stock or are convertible into shares of Common Stock on a one-for-one basis.
• Following this transaction, Mr. Brinker directly beneficially owns 306,353 OP Units and indirectly owns 64,095 OP Units through his spouse's trust.

Sentiment

Score: 5

Explanation: The transaction is a routine internal transfer of securities to a spouse's trust, indicating no immediate change in the executive's overall beneficial interest in the company. It is a neutral event from an operational or market perspective.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Transfer of 64,095 OP Units from Scott M. Brinker to a revocable trust of his spouse.

Stakeholder Impact

• Shareholders: The transfer of units to a spouse's trust is a personal financial planning matter and does not directly impact the company's operations or financial performance. It indicates continued beneficial ownership within the executive's family.

Key Dates

Recommendation

Keywords

Healthpeak Properties, DOC, Scott M. Brinker, Form 4, SEC Filing, Insider Transaction, Beneficial Ownership, OP Units, LTIP Units, Trust Transfer, Real Estate Investment Trust, REIT