Chiron Real Estate Inc.·4

Jul 17, 7:49 PM ET

Zeiller Robert Harold 4

4 · Chiron Real Estate Inc. · Filed Jul 17, 2026

Research Summary

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Chiron Real Estate (XRN) CDO Robert Zeiller Receives 2,477 LTIP Units

What Happened

  • Robert Harold Zeiller, Chief Development Officer and Head of Seniors Housing at Chiron Real Estate Inc. (XRN), was granted 2,477 LTIP units (limited partnership interests in the operating partnership) on 2026-07-16. The units were issued at $0.00 (award/derivative) and will vest on December 31, 2026, subject to his continued employment. The LTIP Units were granted under the company’s 2016 Equity Incentive Plan per his employment agreement.

Key Details

  • Transaction date: 2026-07-16 (Period of Report); Form 4 filed 2026-07-17.
  • Transaction type/code: Award/Acquisition (A) — derivative LTIP units, grant price $0.00.
  • Quantity: 2,477 LTIP Units.
  • Vesting: All units vest on 12/31/2026, contingent on continued employment.
  • Conversion: Vested LTIP Units that achieve capital account parity may be exchanged after vesting for cash or, at the issuer’s election, for common shares on a one-for-one basis. LTIP Units have no expiration date.
  • Compensation detail: Grant equals 50% of the pro rata portion of Zeiller’s base salary for the remainder of 2026 as provided in his employment agreement (per footnote).
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: Filed within the normal Form 4 window (not marked late).

Context

  • This was a compensation/retention award (derivative units), not an open-market purchase or sale. The LTIP Units are not immediately tradable shares — they vest at year-end and conversion to cash or stock depends on post-vesting conditions. Such awards are common for executive pay and do not by themselves indicate a buy/sell market signal.

Insider Transaction Report

Form 4
Period: 2026-07-16
Transactions
  • Award

    LTIP Unit (Right to Buy)

    [F1][F2]
    2026-07-16+2,4772,477 total
    Common Stock (2,477 underlying)
Footnotes (2)
  • [F1]Represents units of limited partnership interest ("LTIP Units") in Chiron Real Estate LP (the "OP"), the operating partnership of the Issuer. All of the LTIP Units vest on December 31, 2026, subject to the Reporting Person's continued employment on such date. The LTIP Units were granted in accordance with the Reporting Person's employment agreement, which provides that 50% of the pro rata portion of the Reporting Person's base salary for the remainder of the 2026 calendar year following the effective date of his employment agreement will be paid in the form of LTIP Units. The LTIP Units were issued pursuant to the Issuer's 2016 Equity Incentive Plan (as amended from time to time) and have no expiration date.
  • [F2]As described in the OP's partnership agreement, vested LTIP Units that have achieved capital account parity may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
Signature
/s/ Jamie Barber, as Attorney-in-Fact|2026-07-17

Documents

1 file
  • 4
    tm2620797-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT