Wimbush Frederick Blair 4

4 · AH Realty Trust, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

AH Realty (AHRT) Director Wimbush Receives LTIP Award

What Happened

Wimbush Frederick Blair, a director of AH Realty Trust, Inc. (AHRT), was granted 2,281 Time‑Based LTIP Units on 2026-03-16 at an attributed value of $6.03 each, totaling $13,750. The units were issued in lieu of his cash retainer (award, not an open-market purchase or sale).

Key Details

Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (filed two days after the transaction; appears timely).
Amount granted: 2,281 Time‑Based LTIP Units at $6.03 per unit; aggregate value $13,750.
Shares/units owned after transaction: not specified in the filing.
Footnotes of note:
- F1: Units were issued in lieu of the director's cash retainer.
- F2: Time‑Based LTIP Units are units in AH Realty Trust, LP (the Operating Partnership) that, subject to the OP Agreement, can be converted into Common Units at the holder’s option; except in a Change of Control, they may not be converted until two years after grant; they have no expiration.
- F3: Common Units are redeemable for cash equal to the then-current market value of one share of AHRT common stock or, at the company’s election, for one share of the company’s common stock.

Context

These are compensation awards (LTIP units) rather than a cash purchase or sale. Such grants are routine director compensation and do not necessarily signal the director’s view on the stock.
The Time‑Based LTIP Units are a derivative-like equity interest in the Operating Partnership with conversion and timing restrictions—holders generally cannot convert them to Common Units for two years (unless a Change of Control occurs).

Form 4

Period: 2026-03-16

Director

Transactions

Holdings

Footnotes (3)

[F1]These shares were issued to the director in lieu of his cash retainer.
[F2]Represents Time-Based LTIP Units ("Time-Based LTIP Units") in AH Realty Trust, LP (the "Operating Partnership"), the operating partnership of AH Realty Trust, Inc. (the "Company"), and of which the Company is the general partner. Under the agreement of limited partnership of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into common units of limited partnership interest in the Operating Partnership ("Common Units"), at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date.
[F3]Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.

Signature

/s/ Matthew T. Barnes-Smith, as Attorney-in-Fact for F. Blair Wimbush|2026-03-18

1 file