Van Horn R. Lawrence 4

What Happened
Van Horn R. Lawrence, a director of Community Healthcare Trust (CHCT), was awarded 7,661 restricted shares on 2026-05-21 at an implied price of $17.23 per share, for a total value of $131,999. The award is coded as an acquisition/award (A) and the shares carry a three-year restriction period.

Key Details

• Transaction date: 2026-05-21; filing date: 2026-05-26 (filed 5 days after the transaction; appears later than the typical 2-business-day Form 4 deadline).
• Shares awarded: 7,661; price used to calculate award: $17.23 (based on the 10-day average stock price).
• Total value: $131,999 (approx.).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: For 2026 the director elected to take 100% of his board retainer in restricted stock; the company also awarded additional shares equal to 60% of the retainer value. The number of shares equals (retainer value + 60% additional) ÷ 10-day average price. Restriction period: three years.
• Transaction code: A (award/grant).

Context
This was a compensation-related award (board retainer paid in stock) rather than an open-market purchase. Such awards are routine for directors who elect to receive pay in equity and do not necessarily signal a personal buy or sell decision.