Hull Robert E 4
4 · Healthcare Realty Trust Inc · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Healthcare Realty (HR) EVP Robert E. Hull Receives Awards, Withholds Shares
What Happened
Robert E. Hull, Executive Vice President and Chief Operating Officer of Healthcare Realty Trust Inc. (HR), received awards and had shares withheld for tax withholding. On Feb 9, 2026 Hull was granted 33,859 restricted shares at $17.13 per share (value $580,005) and a derivative award of 5,959 units/shares at $17.13 (value $102,078). To satisfy tax withholding obligations tied to vesting, 5,915 shares were withheld on Feb 9, 2026 (treated as a disposition) at $17.13 ($101,324) and another 4,097 shares were withheld on Feb 10, 2026 at $17.36 ($71,124).
Key Details
- Transaction dates and prices:
- 2026-02-09: Grant of 33,859 restricted shares @ $17.13 = $580,005
- 2026-02-09: Grant of 5,959 derivative units/shares @ $17.13 = $102,078
- 2026-02-09: 5,915 shares withheld for taxes @ $17.13 = $101,324 (disposition)
- 2026-02-10: 4,097 shares withheld for taxes @ $17.36 = $71,124 (disposition)
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Notable footnotes:
- F1: The restricted share grant vests in three equal installments annually over three years.
- F2: The withheld shares represent shares retained by the issuer to satisfy tax withholding on vesting.
- F3/F4: The derivative units are LTIP Series D partnership units intended to qualify as profits interests; they vest Dec 31, 2027 and, subject to vesting/conversion conditions, convert one-for-one into common stock of the issuer.
- Filing timeliness: Form filed Feb 11, 2026 for transactions on Feb 9–10, 2026 — no late filing indicated.
Context
This filing reflects compensation-related awards and routine tax-withholding dispositions rather than an open-market sale or purchase. Restricted shares vest over time (see F1), and the derivative LTIP units have future vesting and conversion conditions (see F4). Withholding of shares to cover taxes is a common administrative step and does not necessarily signal a view on the company’s stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09$17.13/sh+33,859$580,005→ 307,350 total - Tax Payment
Common Stock
[F2]2026-02-09$17.13/sh−5,915$101,324→ 301,435 total - Tax Payment
Common Stock
[F2]2026-02-10$17.36/sh−4,097$71,124→ 297,338 total - Award
Partnership Units
[F3][F4]2026-02-09$17.13/sh+5,959$102,078→ 5,959 total→ Common Stock (5,959 underlying)
Footnotes (4)
- [F1]Represents the grant of restricted shares of the issuer's common stock, such grant to vest in three equal installments on each anniversary of the grant date over a three-year period.
- [F2]This transaction represents shares withheld by the issuer to satisfy its required tax withholding obligation in connection with the vesting of restricted shares previously granted to the reporting person.
- [F3]The partnership units are designated LTIP Series D Units, which is a class of partnership interests in Healthcare Realty Holdings, L.P., a Delaware limited partnership ("HR Holdings"), the operating subsidiary of the Issuer
- [F4]The partnership units are intended to qualify as profits interests for U.S. federal income tax purposes. The units vest on December 31, 2027 and, upon achieving equivalent capital account balance per unit, are convertible into common partnership interests in HR Holdings and then may be converted into common stock of the Issuer on a one-for-one basis. The partnership units have no expiration date.