BROWN PETER C 4

4 · EPR PROPERTIES · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

EPR Properties (EPR) Director Peter C. Brown Receives RSU Awards

What Happened

Peter C. Brown, a director of EPR Properties (EPR), recorded derivative activity and new awards on 2026-06-01. The Form 4 shows an exercise/conversion of 3,518 derivative units (code M) and a reported disposition of those 3,518 derivative units at $0.00. On the same date he received two grants (code A) totaling 3,406 Restricted Share Units (2,358 and 1,048) reported at $0.00 each. The awards were issued as part of the company’s trustee compensation program and no cash proceeds are reported in the filing.

Key Details

Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (appears timely).
Derivative activity: 3,518 units exercised/converted (M); disposition of 3,518 units at $0.00.
Grants: 2,358 RSUs and 1,048 RSUs (total 3,406 RSUs) at $0.00 (A).
Shares owned after transaction: not disclosed in the provided filing excerpt.
Footnotes summary:
- F1/F2/F4: Each RSU is a contingent right to one common share; these RSUs were issued under the 2016 Equity Incentive Plan as part of the annual trustee retainer.
- F3: RSUs vest at the earlier of June 1, 2027, or a Change of Control; settlement/delivery occurs per the reporting person’s instructions.
Transaction codes: M = exercise/conversion of derivative; A = grant/award.

Context

These entries reflect compensation and a derivative conversion rather than an open-market purchase or sale of company stock. The RSUs are not immediately tradable — they are contingent awards that vest in the future (by 6/1/2027 or upon a change of control). For retail investors, compensation grants are routine and do not necessarily signal insider bullishness in the same way outright purchases can.

Form 4

Period: 2026-06-01

Director

Transactions

Exercise/Conversion
Common Shares of Beneficial Interest
[F1]
2026-06-01+3,518→ 31,193 total
Exercise/Conversion
Restricted Share Units
[F1]
2026-06-01−3,518→ 0 total
From: 2026-06-01Exp: 2026-06-01→ Common Shares of Beneficial Interest (3,518 underlying)
Award
Restricted Share Units
[F2][F3]
2026-06-01+2,358→ 2,358 total
→ Common Shares of Beneficial Interest (2,358 underlying)
Award
Restricted Share Units
[F4][F3]
2026-06-01+1,048→ 3,406 total
→ Common Shares of Beneficial Interest (1,048 underlying)

Footnotes (4)

[F1]Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
[F2]Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
[F3]Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.
[F4]Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.

Signature

/s/ Angela M. Whittaker, Attorney-in-Fact for Peter C. Brown|2026-06-02

1 file