Carroll James A 4

What Happened James A. Carroll, a director of AH Realty Trust, Inc. (AHRT), was issued 855 Time‑Based LTIP Units on March 16, 2026. The award is reported at an acquisition price of $6.03 per unit, totaling $5,154. This was an award/compensation issuance (not an open‑market purchase or sale) — the units were issued in lieu of a portion of his cash retainer.

Key Details

• Transaction date: 2026-03-16; filing date: 2026-03-18 (Form 4 covering the Mar 16 grant).
• Units granted: 855 Time‑Based LTIP Units; reported price/value: $6.03 per unit; total value $5,154.
• Nature of award: Time‑Based LTIP Units in AH Realty Trust, LP granted as compensation (Footnote F1/F2).
• Conversion/redemption: Time‑Based LTIP Units can be converted to Common Units at the holder’s option after vesting; conversion to Common Units generally cannot occur until two years after grant except in a Change of Control (F2). Each Common Unit is redeemable for cash equal to one share of common stock (or, at the company’s election, one share) and Common Units have no expiration; all Common Units may be tendered for redemption (F3/F4).
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: Form 4 filed two days after the transaction date (no late‑filing indicator provided).

Context This transaction is a compensation grant (award) rather than a purchase or sale on the open market. Time‑Based LTIP Units are long‑term incentive units with conversion and redemption features; they are not immediately tradable common stock and have conversion restrictions (two‑year conversion wait except for a change of control). Compensation awards like this reflect company pay practices rather than direct insider buying/selling sentiment.