Prosky Danny 4
Research Summary
AI-generated summary
AHR Director Danny Prosky Receives RSUs; Taxes Withheld
What Happened
Danny Prosky, a director of American Healthcare REIT, had time-based restricted stock units (RSUs) vest on March 25, 2026. A total of 51,797 RSUs converted into common shares (30,885 from a 2024 award and 20,912 from a 2025 award). To satisfy tax withholding obligations, the issuer withheld 26,356 shares (15,715 and 10,641), resulting in 25,441 net shares retained. The withholding was reported at $48.25 per share, producing cash value totals of $758,249 and $513,428 (combined $1,271,677). The Form 4 was filed on March 27, 2026 (timely).
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026.
- What converted: 51,797 RSUs (30,885 + 20,912) vested and converted to common stock (transaction code M).
- Tax withholding: 26,356 shares withheld (transaction code F) at $48.25 per share, totaling $1,271,677.
- Net shares acquired: 25,441 shares added to holdings (51,797 − 26,356).
- Shares held after transaction: Not specified in the filing; reported shares are held directly by the Danny & Zohar Prosky Family Rev Trust (see footnote).
- Notable footnotes: RSUs convert one-for-one into common stock; withheld shares satisfy tax obligations; awards granted March 25, 2024 and March 25, 2025 vest ratably over three years.
- Insider status note: Reporting person is on medical leave (not serving as CEO/President) but continues as a director.
Context
This was an RSU vesting event (award conversion) with standard share withholding to cover taxes, not an open-market sale or discretionary sale by the insider. Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = share withholding to pay tax liability. Such withholding is routine and does not necessarily indicate a change in the insider’s view of the company.