Boykin Jennifer R. 4
4 · AH Realty Trust, Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
AHRT Director Jennifer Boykin Receives LTIP Award
What Happened
Jennifer R. Boykin, a director of AH Realty Trust, Inc. (AHRT), was granted 11,695 Time‑Based LTIP Units in the company's operating partnership on June 17, 2026. The award is reported at $0.00 per unit (an uncompensated grant on the face of the Form 4) and is a derivative grant rather than an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-06-17; grant recorded at $0.00 per unit.
- Units granted: 11,695 Time‑Based LTIP Units (derivative units).
- Shares/units owned after transaction: Not disclosed in this Form 4.
- Vesting/conversion rules (footnotes):
- F1: Time‑Based LTIP Units are convertible, at the holder's option, into Common Units of the Operating Partnership; conversion to Common Units generally cannot occur until two years after the grant (unless a Change of Control occurs).
- 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 Company’s election, one share of common stock.
- F3: These Time‑Based LTIP Units are unvested and will vest in full on the date of the Company’s 2027 Annual Meeting of Stockholders.
- Filing timing: Form filed on 2026-06-30 for a 2026-06-17 grant — the filing appears later than the typical two-business-day Form 4 deadline.
Context
This was a grant of partnership units as compensation (derivative LTIP units), not a purchase or sale of publicly traded stock. Such awards are commonly used for retention and long-term alignment; their economic value depends on the underlying Common Unit/stock value when converted or redeemed. The units have no expiration, and conversion/redeemability provisions determine how they translate into cash or shares in the future.
Insider Transaction Report
- Award
Time-Based LTIP Units
[F1][F2][F3]2026-06-17+11,695→ 21,332 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.