Ziegler Caixia 4

4 · EPR PROPERTIES · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

EPR Director Ziegler Caixia Receives RSU Awards and Converts Derivatives

What Happened

Ziegler Caixia, a director of EPR Properties (EPR), received awards and converted derivatives on June 1, 2026. She was granted two Restricted Share Unit (RSU) awards totaling 4,323 RSUs (2,358 and 1,965 RSUs). On the same date she also had a conversion/exercise of 1,510 derivative units and an apparent simultaneous disposition of 1,510 derivative units reported at $0.00. No cash proceeds or market sale price is reported for the $0.00 disposition; the grants are recorded at $0.00 acquisition price (typical for RSU awards).

Key Details

Transaction date: 2026-06-01 (filed 2026-06-02; filing appears timely)
Lines reported:
- Exercise/conversion (M): 1,510 shares acquired (price N/A)
- Exercise/conversion (M): 1,510 shares disposed at $0.00
- Grant/award (A): 2,358 RSUs acquired at $0.00
- Grant/award (A): 1,965 RSUs acquired at $0.00
Shares owned after transaction: Not specified in the provided filing excerpt
Footnotes: RSUs represent a contingent right to receive one common share each (F1/F2). RSU vesting is generally the earlier of June 1, 2027 or a Change of Control (F3). These RSUs were issued as part of annual trustee compensation (F2/F4).
Filing timeliness: Period of report 2026-06-01, accession filed 2026-06-02 — not indicated as late.

Context

These entries are largely compensation-related RSU grants (acquisitions), which are routine and different from an open-market purchase or sale. The conversion/exercise plus a $0.00 disposition commonly reflects share settlement mechanics (for example, share withholding or surrender to satisfy taxes), though the filing shows $0.00 proceeds and does not report cash received. RSUs generally vest later (per footnote) and do not necessarily indicate the director is buying or selling stock for investment purposes. Purchases are typically viewed as stronger bullish signals than compensation grants.

Form 4

Period: 2026-06-01

Director

Transactions

Exercise/Conversion
Common Shares of Beneficial Interest
[F1]
2026-06-01+1,510→ 17,946 total
Exercise/Conversion
Restricted Share Units
[F1]
2026-06-01−1,510→ 4,417 total
From: 2026-06-01Exp: 2026-06-01→ Common Shares of Beneficial Interest (1,510 underlying)
Award
Restricted Share Units
[F2][F3]
2026-06-01+2,358→ 6,775 total
→ Common Shares of Beneficial Interest (2,358 underlying)
Award
Restricted Share Units
[F4][F3]
2026-06-01+1,965→ 8,740 total
→ Common Shares of Beneficial Interest (1,965 underlying)

Footnotes (4)

[F1]Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
[F2]Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
[F3]Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.
[F4]Restricted Share Units were issued to Reporting Person in lieu of the Reporting Person's Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Company's Common Shares of Beneficial Interest.

Signature

/s/: Angela M. Whittaker, Attorney-in-Fact for Caixia Ziegler|2026-06-02

1 file