ESTES SCOTT A 4

What Happened

• Scott A. Estes, a director of American Healthcare REIT, Inc. (AHR), was granted 2,594 shares of restricted common stock on June 24, 2026. The Form 4 reports an acquisition price of $0.00 (award/grant) for a reported value of $0. The shares vest on June 24, 2027.

Key Details

• Transaction date: 2026-06-24; transaction type: Award/Grant (code A); price reported: $0.00.
• Shares granted: 2,594 restricted common shares; vesting date: 2027-06-24 (per footnote F1).
• Shares owned after the transaction: Not specified in the filing.
• Filing date: 2026-06-26; filing appears to be timely (within the standard 2-business-day reporting window for directors).
• Footnote: Grant was made upon his re-election to the board on June 24, 2026.

Context

• This was a compensation award tied to re-election as a director (restricted stock), not an open-market purchase or sale. Restricted shares typically vest over time and may be forfeitable until the vesting date, so they reflect director compensation rather than an immediate cash investment or liquidation.