DIVERSIFIED HEALTHCARE (DHC) CEO Christopher Bilotto Withholds 25,118 Shares

What Happened

• Christopher J. Bilotto, President & CEO and Director of Diversified Healthcare Trust (NASDAQ: DHC), had 25,118 shares withheld to satisfy tax liability related to vested securities. The withheld shares were valued at $8.13 each, totaling $204,209. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-17; Filing date: 2026-09-21 (Form 4 accession 0001104659-26-109312).
• Price per share: $8.13; Shares withheld/disposed: 25,118; Total value: $204,209.
• Shares owned after transaction: not provided in the excerpt.
• Footnote: F1 — payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
• Filing timeliness: Form filed on 2026-09-21 (four days after the reported transaction date).

Context

• This was a tax-withholding event tied to vesting (common and typically administrative). It reduces the insider’s reported holdings via withheld shares to cover taxes rather than indicating a discretionary sale. For retail investors, tax withholding on vesting is routine and generally not a direct signal of CEO sentiment about the company’s share price.