Weil Edward M Jr. 4

4 · National Healthcare Properties, Inc. · Filed May 4, 2026

AI-generated summary of this filing

Updated May 5, 2026

National Healthcare Properties Director Edward Weil Receives Award

What Happened

Edward M. Weil Jr., a director of National Healthcare Properties, Inc. (NHP), was granted 12,500 LTIP units on April 30, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 (no cash paid at grant).
These LTIP units are not common shares today — they are a class of limited partnership units that can convert into OP Units and ultimately be redeemed for cash or, at the issuer’s election, one-for-one into NHP common stock. The grant’s reported dollar value at issuance is $0.

Key Details

Transaction date: April 30, 2026; filing date (accession): May 4, 2026.
Grant: 12,500 LTIP units; reported price: $0.00 (award/derivative, code A).
Vesting: 25% vests on each of the first four anniversaries of April 30, 2026, subject to continued service.
Conversion/redemption: LTIP Units convert to OP Units; OP Units are redeemable for cash or, at the Issuer’s election, shares of NHP common stock on a one-for-one basis. LTIP Units have no expiration.
Shares/units owned after transaction: not specified in the supplied filing excerpt.
Filing timeliness: filed May 4, 2026 (see filing for any late‑filing flag).

Context

This was a non‑cash long‑term incentive award (derivative units), not an open‑market purchase or sale. Such awards are common for aligning management/director interests with shareholders but do not represent an immediate cash investment by the insider.
Vesting and conversion terms determine when these units may become economically meaningful (cash or stock).

Form 4

Period: 2026-04-30

Director

Transactions

Award
LTIP Units
[F1][F2][F3]
2026-04-30+12,500→ 12,500 total
→ Common Stock (12,500 underlying)

Holdings

Footnotes (3)

[F1]Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by National Healthcare Properties, Inc. (the "Issuer") into an equivalent number of units of National Healthcare Properties Operating Partnership, L.P. ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
[F2]The LTIP Units will vest in 25% increments on each of the first four anniversaries of the April 30, 2026 grant date, subject to the recipient's continued service through the applicable vesting date.
[F3]The LTIP Units are a class of limited partnership units of National Healthcare Properties Operating Partnership, L.P.

Signature

/s/ Jie Chai, Attorney-in-Fact|2026-05-04

1 file