Healthcare Realty Trust Inc·4

Feb 11, 6:01 PM ET

Hull Robert E 4

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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.