Connor James B. 4

4 · EPR PROPERTIES · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

EPR Properties (EPR) Director Connor James B. Receives 4,978 RSUs

What Happened

Connor James B., a director of EPR Properties (EPR), was granted a total of 4,978 Restricted Share Units (RSUs) on June 1, 2026 — comprised of 2,358 RSUs, 1,965 RSUs and 655 RSUs. Each award is reported as a derivative grant with a reported acquisition price of $0.00 (transaction code A).
These RSUs were issued under the Company’s 2016 Equity Incentive Plan as part of the annual trustee compensation program and in lieu of trustee/chairperson retainer fees. No cash was exchanged; the RSUs represent contingent rights to receive one common share per unit upon settlement.

Key Details

Transaction date: June 1, 2026. Form 4 filed June 2, 2026 (timely — within SEC two-business-day window).
Grants and amounts: 2,358 RSUs; 1,965 RSUs; 655 RSUs — total 4,978 RSUs. Reported price: $0.00 (derivative award).
Vesting/settlement: RSUs vest the earlier of (a) June 1, 2027 or (b) a Change of Control (per filing). Settlement/delivery occurs per the reporting person’s instructions provided prior to the grant.
Plan and purpose: Issued under the 2016 Equity Incentive Plan as compensation (annual trustee retainer and chairperson retainer in lieu of cash).
Shares owned after transaction: Not specified in this filing.
Transaction code: A = Award/Grant (derivative RSUs). This is compensation, not an open-market buy or sale.

Context

RSUs are a form of deferred compensation: they give the holder a contingent right to receive company shares at vesting/settlement; they do not represent immediate share ownership or a market purchase signal. Routine director compensation awards are common and should be viewed differently than outright purchases or sales by insiders.

Form 4

Period: 2026-06-01

Director

Transactions

Award
Restricted Share Units
[F1][F2]
2026-06-01+2,358→ 43,244 total
→ Common Shares of Beneficial Interest (2,358 underlying)
Award
Restricted Share Units
[F3][F2]
2026-06-01+1,965→ 45,209 total
→ Common Shares of Beneficial Interest (1,965 underlying)
Award
Restricted Share Units
[F4][F2]
2026-06-01+655→ 45,864 total
→ Common Shares of Beneficial Interest (655 underlying)

Footnotes (4)

[F1]Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
[F2]Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.
[F3]Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.
[F4]Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan in lieu of the reporting person's chairperson retainer fees. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.

Signature

/s/ Angela M. Whittaker, Attorney-in-Fact for James B. Connor|2026-06-02

1 file