Johnston Shawn G 4
Research Summary
AI-generated summary
Healthpeak EVP Shawn G. Johnston Buys 1,358 Shares via ESPP
What Happened
Shawn G. Johnston, Executive Vice President and Chief Accounting Officer of Healthpeak Properties (DOC), acquired 1,358 shares under the company's Employee Stock Purchase Plan (ESPP) on May 29, 2026 at $15.46 per share, a total cost of about $20,997. Separately, 76 shares were forfeited to satisfy tax withholding obligations (reported as a disposition totaling $1,455) — the filing notes this forfeiture is not a sale.
Key Details
- Transaction date: 2026-05-29. Form filed: 2026-06-02 (timely filing).
- Primary acquisition: 1,358 shares @ $15.46 = $20,997 (ESPP purchase). (Code A)
- Tax withholding: 76 shares forfeited @ $19.15 = $1,455 (withholding, not a sale). (Code F)
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = shares acquired via the issuer's ESPP; F2 = forfeiture to satisfy withholding is not a sale.
Context
This was an ESPP purchase (employee discount/purchase program) rather than an open-market buy or option exercise. The forfeiture of shares to cover taxes is a routine administrative step under many ESPPs and should not be read as an active sale. Purchases like this show insider participation but do not by themselves indicate future company performance.