Sandstrom Katherine M 4

What Happened

• On May 6, 2026, Katherine M. Sandstrom, a director of Healthpeak Properties, Inc. (DOC), was granted 9,744 restricted stock units (RSUs). The reported acquisition price was $0.00 (no cash exchanged); the grant is reported under transaction code “A” (award/grant).
• This filing reflects a compensation award to a director, not an open-market purchase or sale. The Form 4 was filed on May 7, 2026 (timely relative to the transaction date provided).

Key Details

• Transaction date and price: May 6, 2026 — 9,744 RSUs at $0.00 per share (grant).
• Post-transaction holdings: Not specified in the provided filing details.
• Footnote: RSUs vest in full on the earlier of the first anniversary of the May 6, 2026 grant date or the Company’s next annual meeting of stockholders (Footnote F1).
• Filing timeliness: Reported on May 7, 2026 for a May 6 transaction (appears timely). No 10b5-1 plan, tax-withholding, or sale-on-vesting details disclosed in the excerpt.

Context

• RSUs are compensation awards that convert into common shares only upon vesting; until vesting the recipient generally has no voting rights or full ownership. No immediate market transaction or cash proceeds occurred.
• Director RSU grants are a common form of board compensation; they indicate awarded future equity rather than an insider buying or selling shares today.