Humphrey Scott 4

4 · National Healthcare Properties, Inc. · Filed May 4, 2026

AI-generated summary of this filing

Updated May 5, 2026

NHP Director Scott Humphrey Receives 12,500 LTIP Units

What Happened

Scott Humphrey, a director of National Healthcare Properties, Inc. (NHP), was granted 12,500 LTIP units on April 30, 2026. The units were reported as acquired at $0.00 (transaction type: Award/Grant, code A) and are derivative awards rather than immediate common stock.

Key Details

Transaction date and terms: 2026-04-30 — 12,500 LTIP Units acquired at $0.00 (derivative award).
Shares/units owned after transaction: Not specified in the provided filing.
Footnotes (important):
- LTIP Units are convertible by the issuer into equivalent OP Units (National Healthcare Properties Operating Partnership, L.P. units). OP Units are redeemable for cash or, at the issuer’s election, one-for-one for common shares or the cash value of those shares (F1, F3).
- Vesting: 25% of the LTIP Units vest on each of the first four anniversaries of the April 30, 2026 grant date, subject to continued service (F2).
- LTIP Units do not have expiration dates (F1).
Filing timeliness: Form 4 was filed on 2026-05-04 for a 2026-04-30 grant — within the typical two-business-day reporting window.

Context

These LTIP Units are long-term incentive/compensation awards that vest over four years and are a form of partnership unit (derivative) rather than immediate common stock. Upon vesting they convert into OP Units, which can be redeemed for cash or converted one-for-one into shares at the issuer’s election. Such grants are common as compensation and do not by themselves indicate an insider buying or selling common stock.

Form 4

Period: 2026-04-30

Director

Transactions

Award
LTIP Units
[F1][F2][F3]
2026-04-30+12,500→ 12,500 total
→ Common Stock (12,500 underlying)

Footnotes (3)

[F1]Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by National Healthcare Properties, Inc. (the "Issuer") into an equivalent number of units of National Healthcare Properties Operating Partnership, L.P. ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
[F2]The LTIP Units will vest in 25% increments on each of the first four anniversaries of the April 30, 2026 grant date, subject to the recipient's continued service through the applicable vesting date.
[F3]The LTIP Units are a class of limited partnership units of National Healthcare Properties Operating Partnership, L.P.

Signature

/s/ Jie Chai, Attorney-in-Fact|2026-05-04

1 file