Weil Edward M Jr. 4

What Happened
Edward M. Weil Jr., a director of National Healthcare Properties, Inc. (NHP), received a grant of 7,446 LTIP units on May 15, 2026. The award is recorded as a derivative grant at $0.00 per unit (transaction code A) — this is a compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed within the usual 2-business-day reporting window).
• Award: 7,446 LTIP Units; price reported: $0.00 (no cash outlay).
• Security type: LTIP Units (derivative limited partnership units of the Operating Partnership).
• Vesting: LTIP Units will vest on May 15, 2027, contingent on continued service.
• Conversion/Redemption: Upon vesting and certain events, LTIP Units convert to OP Units, which are redeemable for cash or, at the issuer’s election, one-for-one shares of issuer common stock (or cash value). LTIP Units have no expiration.
• Shares/units owned after transaction: not specified in the summary data provided in this request — see the original Form 4 for total holdings.

Context: This is a typical equity-based compensation award to a director. The units are a derivative compensation vehicle that only provide stock/cash value if and when they vest and are converted/redeemed; they do not represent immediately tradable common shares.