Carroll James A 4
4 · AH Realty Trust, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
AHRT Director James A. Carroll Receives 11,695 LTIP Units
What Happened James A. Carroll, a director of AH Realty Trust, Inc. (AHRT), received a grant of 11,695 Time‑Based LTIP Units in AH Realty Trust, LP on 2026-06-17. The award is recorded as a derivative grant (transaction code A) with $0 cash paid at grant (reported value $0). These units are convertible into common units of the Operating Partnership subject to the OP Agreement and the award terms.
Key Details
- Transaction date: 2026-06-17; Price/consideration: $0 per unit; Amount: 11,695 Time‑Based LTIP Units.
- Vesting: All granted Time‑Based LTIP Units will vest on the date of the Company's 2027 Annual Meeting of Stockholders (per footnote F3).
- Conversion/timing: Time‑Based LTIP Units are convertible to Common Units after vesting but, except in a Change of Control, may not be converted into Common Units until two years after the grant (footnote F1).
- Common Unit features: 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 Company's election, one share of common stock (footnote F2); Common Units have no expiration and may be tendered for redemption by the holder (footnote F4).
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Transaction reported on Form 4 filed 2026-06-22 (appears to be a late filing relative to the 2-business-day Form 4 timing requirement).
Context This was an awards/grant transaction (not an open‑market purchase or sale). The LTIP units are a form of long-term incentive tied to the Operating Partnership and carry conversion and vesting restrictions; they represent future economic exposure rather than immediate stock purchases or sales. The reported $0 consideration reflects that the units were granted, not purchased.
Insider Transaction Report
- Award
Time-Based LTIP Units
[F1][F2][F3]2026-06-17+11,695→ 24,614 total→ Common Stock (11,695 underlying)
- 42,918
Common Stock
- 4,645
Common Units
[F2][F4]→ Common Stock (4,645 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]Represents a grant of unvested Time-Based LTIP Units, all of which will vest on the date of the Company's 2027 Annual Meeting of Stockholders.
- [F4]Represents Common Units. All Common Units reflected in this report may be tendered for redemption by the holder.