Form 4: Healthpeak Properties Executive Lisa Alonso Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
Lisa Alonso, EVP and Chief HR Officer of Healthpeak Properties, reports the forfeiture of company stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Lisa Alonso, the EVP and Chief HR Officer of Healthpeak Properties, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the forfeiture of 500 shares of common stock on February 15, 2025, at a price of $19.59 per share to cover tax withholding related to restricted stock units granted on February 15, 2023.
- Additionally, 810 shares were forfeited on February 16, 2025, at the same price of $19.59 per share, to cover tax withholding related to restricted stock units granted on February 16, 2024.
- Following these transactions, Alonso directly owns 19,884 shares of Healthpeak Properties common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and doesn't indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. The forfeiture of shares to cover tax obligations is a standard practice when restricted stock units vest.
Comparison to Industry Standards
- Executive compensation practices, including the use of restricted stock units and subsequent tax withholding, are standard across the real estate industry.
- Companies like Ventas (VTR) and Welltower (WELL) also utilize similar equity-based compensation plans for their executives.
- The amount of shares forfeited is proportional to the executive's compensation package and the applicable tax rates, aligning with industry norms.
Stakeholder Impact
- The forfeiture of shares has a negligible impact on shareholders as it's a standard part of executive compensation.
- The transaction doesn't directly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| February 15, 2023 | Date of restricted stock units grant related to the February 15, 2025 forfeiture. |
| February 16, 2024 | Date of restricted stock units grant related to the February 16, 2025 forfeiture. |
| February 15, 2025 | Date of forfeiture of 500 shares of common stock. |
| February 16, 2025 | Date of forfeiture of 810 shares of common stock. |
| February 18, 2025 | Date of signature on the Form 4 filing. |
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