PEAY BRIAN 4

What Happened
Brian Peay, Chief Financial Officer of American Healthcare REIT, reported that 20,109 shares were disposed on February 9, 2026 at $48.77 per share, for a total of about $980,716. This disposition was to satisfy tax withholding obligations related to the vesting of restricted common stock (not an open-market sale).

Key Details

• Transaction date and price: February 9, 2026 — 20,109 shares at $48.77 each (total ~$980,716).
• Transaction code: F — shares repurchased/withheld to cover tax liabilities on vesting.
• Shares owned after transaction: Not specified in the filing; filing notes reported shares are held by the Brian and Kristen Peay 2007 Trust (see footnote F3).
• Footnotes: F1 — issuer repurchased shares on Feb 9, 2026 to satisfy the reporting person's tax obligations from vesting; F2 — ownership includes 1,059 shares from the company’s Employee Stock Purchase Plan; F3 — reported shares are held directly by the Brian and Kristen Peay 2007 Trust and indirectly by the trustees.
• Filing: Reported on Feb 11, 2026 for a Feb 9 transaction — appears timely (Form 4 is due within 2 business days).

Context
Code F transactions are routine tax-withholding actions when restricted shares vest; the company typically withholds or repurchases shares to cover required taxes. These types of disposals do not necessarily indicate the insider’s view on the stock, unlike discretionary open‑market sales.