Brinker Scott M 4
4 · HEALTHPEAK PROPERTIES, INC. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Healthpeak (DOC) CEO Scott Brinker Receives LTIP Award
What Happened
Scott M. Brinker, President, CEO and a Director of Healthpeak Properties, Inc. (DOC), was awarded a total of 166,200 LTIP Units (derivative interests) on January 28, 2026. The filing shows two award entries: 14,133 LTIP Units that vested in full on the determination date and 152,067 LTIP Units that were earned (performance condition met) but remain subject to time‑based vesting in one‑third increments. No purchase price or cash consideration was reported (transactions coded as A = award/grant).
Key Details
- Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (timely filing).
- Awards: 14,133 LTIP Units (vested in full on Jan 28, 2026) and 152,067 LTIP Units (earned; vest 1/3 on each of the 1st, 2nd and 3rd anniversaries of the Feb 7, 2025 grant, subject to continued employment).
- Price/Value: N/A in the filing (LTIP Units are profits interests; not reported as share purchases or sales).
- Shares/units owned after the transactions: not specified in the summary provided.
- Footnote summary: LTIP Units are profits interests in Healthpeak OP, LLC that can convert into OP Units and are redeemable for cash equal to the fair market value of a share of the issuer’s common stock or, at Healthpeak OP’s option, convertible one‑for‑one into shares. Some units vested immediately (performance + time conditions satisfied); others are earned but subject to future vesting schedule.
Context
- These were awards/derivative grants (compensation), not open‑market buys or sales—typical executive compensation rather than a direct market purchase/sale.
- One tranche vested immediately upon the Committee’s performance determination; the larger tranche has been earned on the performance metric but will vest over time, meaning Brinker cannot access all units immediately unless he remains employed through each vesting date.
Insider Transaction Report
Form 4
Brinker Scott M
DirectorPresident and CEO
Transactions
- Award
LTIP Units
[F1][F2]2026-01-28+14,133→ 14,133 total→ Common Stock (14,133 underlying) - Award
LTIP Units
[F1][F3]2026-01-28+152,067→ 152,067 total→ Common Stock (152,067 underlying)
Footnotes (3)
- [F1]Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.
- [F2]Represents earned performance-based LTIP Units previously granted to the reporting person on February 15, 2023. The performance conditions applicable to the performance-based LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 28, 2026 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.
- [F3]Represents earned performance-based LTIP Units previously granted to the reporting person on February 7, 2025. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.
Signature
Carol Samaan, SVP, Legal (Attorney-In-Fact)|2026-01-30