BIGMAN THEODORE 4
4 · AH Realty Trust, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
AH Realty Trust Director Theodore Bigman Receives 11,695 LTIP Units
What Happened
Theodore Bigman, a director of AH Realty Trust, Inc. (AHRT), received a grant of 11,695 Time‑Based LTIP Units in AH Realty Trust, LP on June 17, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no cash paid). Under the award agreement the units are unvested and will vest on the date of the Company’s 2027 Annual Meeting of Stockholders.
Key Details
- Transaction date: June 17, 2026; Filing date: June 22, 2026 (filing reported late).
- Security: 11,695 Time‑Based LTIP Units (derivative award), reported acquisition price $0.00.
- Vesting: All units vest on the Company’s 2027 Annual Meeting (per filing).
- Conversion/redeemability: Time‑Based LTIP Units are convertible into Common Units of the operating partnership at the holder’s option after vesting, but (absent a change of control) may not be converted to Common Units until two years after the grant. Each Common Unit is redeemable for cash equal to the then‑current market value of one share of AHRT common stock or, at the Company’s election, one share of AHRT common stock.
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A = Award/Grant (derivative).
- Timeliness: Filing was delayed relative to the transaction date (reported late).
Context
This was a compensation grant (an award of LTIP units), not an open‑market purchase or sale. Such awards are common for directors/executives as part of long‑term incentive programs and do not by themselves indicate a personal cash investment or immediate market sentiment. The units are subject to vesting and conversion restrictions; they do not represent immediately tradable AHRT common stock.
Insider Transaction Report
- Award
Time-Based LTIP Units
[F1][F2][F3]2026-06-17+11,695→ 11,695 total→ Common Stock (11,695 underlying)
Footnotes (3)
- [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.