Thomas John T 4
Research Summary
AI-generated summary
Healthpeak (DOC) Director Thomas John T Receives ESPP Shares
What Happened
- Thomas John T, a director of Healthpeak Properties, acquired 1,385 shares through the issuer's Employee Stock Purchase Plan (ESPP) on 2026-05-29 at $15.46 per share (total value ≈ $21,414).
- On the same date, 78 shares were forfeited to satisfy tax withholding obligations (reported at $19.15 per share, value ≈ $1,494). The forfeiture is reported under code F and is not a market sale.
Key Details
- Transaction date: 2026-05-29; Filing date: 2026-06-02.
- Purchase: 1,385 shares @ $15.46 (code A) — $21,414 estimated value.
- Tax withholding/forfeiture: 78 shares @ $19.15 (code F) — $1,494 reported value; this is to satisfy tax withholding and is not a sale (per footnote).
- Shares owned after the transaction: not specified in this Form 4.
- Footnotes: F1 — acquisition via the Issuer's ESPP; F2 — forfeiture to satisfy tax withholding does not constitute a sale and is required under the ESPP.
- Timeliness: filing shows the report date and filing date; the Form 4 was filed a few days after the transaction (no late-filing designation provided in the filing text).
Context
- ESPP purchases are routine compensation-related acquisitions; the 1,385-share purchase is a bona fide employee plan purchase (often viewed as a modestly bullish signal since the insider acquired stock).
- The 78-share forfeiture simply satisfied tax withholding required by the plan and should not be interpreted as a discretionary sale.
- No 10% owner or 10b5-1 plan is indicated in this filing.