Bohn Scott R 4
Research Summary
AI-generated summary
Healthpeak (DOC) CDO Scott Bohn Receives LTIP Award
What Happened
Scott R. Bohn, Chief Development Officer and Head of Lab at Healthpeak Properties (DOC), received two grants of performance-based LTIP Units on January 28, 2026 totaling 30,596 units (2,396 + 28,200). No cash price is listed because these are LTIP Units (derivative membership interests in Healthpeak OP) rather than open-market share purchases. Per the filing, the 2023 performance grant was determined to be earned and vested in full on January 28, 2026; the 2025 performance grant was determined to be earned but will vest in one‑third installments on each anniversary of the 2025 grant date, subject to continued employment.
Key Details
- Transaction date: 2026-01-28; Filing date: 2026-01-30 (timely filing). Transaction code: A (award/grant).
- Amounts: 2,396 LTIP Units and 28,200 LTIP Units; total = 30,596 LTIP Units. No per-unit price or cash value listed (N/A).
- Shares/units owned after transaction: not specified in the disclosed excerpt.
- Notable footnotes:
- F1: LTIP Units are profits interests in Healthpeak OP that can convert to OP Units; OP Units are redeemable for cash equal to one share of Healthpeak common stock or convertible to common shares one-for-one. LTIP Units have no expiration.
- F2: Units from the Feb 15, 2023 grant were determined earned and vested in full on Jan 28, 2026.
- F3: Units from the Feb 7, 2025 grant were determined earned on Jan 28, 2026 but vest in 1/3 increments on each anniversary of the grant, subject to continued employment.
Context
These are awards of long-term, performance-based units (derivative equity), not open-market purchases or sales. One award vested immediately (realized as LTIP Units earned), while the larger award is earned but subject to future time-based vesting — meaning some units will not convert to redeemable OP Units or shares until future vesting dates. Awards like this are routine compensation for executives and reflect compensation outcomes rather than direct insider buying or selling.