Flornes Brian J. 4

What Happened

• Brian J. Flornes, a director of American Healthcare REIT, was granted 2,594 shares of restricted common stock on June 24, 2026. The shares were issued at $0.00 (no cash paid) as an award/grant. This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-24 (reported on Form 4 filed 2026-06-26)
• Transaction type/code: Award/Grant (A) — 2,594 shares @ $0.00; reported value $0
• Vesting: The restricted shares vest on 2027-06-24 (per footnote F1)
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Form 4 filed two days after the grant date, which appears timely (Form 4s are generally due within two business days)
• Notable footnote: Grant tied to his re-election to the board on 06/24/2026; vesting scheduled one year later

Context

• This type of grant is common as director compensation and does not represent an open-market buy or sell. Restricted shares typically cannot be sold until they vest, so the award does not immediately increase tradable float. Grants signal compensation alignment with shareholders but are not a direct bullish market purchase by the insider.