Form 4: Healthpeak Properties Director Pamela Shelley-Kessler Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Pamela Shelley-Kessler reports acquisition and disposal of Healthpeak Properties (DOC) common stock, including restricted stock units.

Summary

  • Pamela Shelley-Kessler, a director of Healthpeak Properties, reported changes in her beneficial ownership of the company's common stock on April 26, 2024.
  • She acquired 9,575 shares of common stock and disposed of 39,650 shares.
  • These transactions include the acquisition of restricted stock units that vest on the earlier of April 26, 2025, or the company's next annual meeting of stockholders.
  • The report also reflects a change in how 20,875 shares previously held in a family trust are reported; they are now considered directly held due to the trust's qualification as a living revocable trust.
  • Shelley-Kessler also owns 2,547 shares indirectly through a spouse's IRA.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Key Dates

DateDescription
04/26/2024Date of the reported transactions (acquisition and disposal of shares).
04/26/2024Grant date of restricted stock units.
04/26/2025First anniversary of the grant date of restricted stock units; potential vesting date.
04/30/2024Date of signature on the Form 4 filing.

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