Mabry Adam G 4
4 · HEALTHPEAK PROPERTIES, INC. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Healthpeak (DOC) CIO Adam Mabry Receives LTIP Award
What Happened
Adam G. Mabry, Chief Investment Officer of Healthpeak Properties, received a total of 33,731 performance-based LTIP units on January 28, 2026: 2,156 LTIP Units (F1/F2) and 31,575 LTIP Units (F1/F3). These are derivative awards (coded "A" for award) with no purchase price listed (N/A) and no immediate dollar value reported in the filing.
Key Details
- Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (appears timely).
- Transaction type/code: A = Grant/Award (performance-based LTIP Units).
- Units granted: 2,156 and 31,575 (total 33,731 LTIP Units). Price/value: N/A (derivative award).
- Shares/units owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: LTIP Units are profits‑interest membership units in Healthpeak OP that can convert into OP Units, which are redeemable for cash equal to one share of the issuer’s common stock or, at Healthpeak OP’s option, convertible one-for-one into shares. LTIP Units have no expiration.
- F2: The 2,156 LTIP Units were from a Feb 15, 2023 grant and were determined by the Compensation Committee to be earned and vested in full on Jan 28, 2026.
- F3: The 31,575 LTIP Units were from Feb 7, 2025 and May 1, 2025 grants; performance was certified on Jan 28, 2026 (earned), and these units vest in one‑third increments on each anniversary of Feb 7, 2025, subject to continued employment.
Context
These are performance-based compensation awards rather than open-market purchases or sales, so they reflect achievement of company performance metrics and compensation outcomes rather than a direct insider investment decision. Some of the awarded units vested immediately upon certification (F2), while others are earned now but will vest over time (F3), and, if converted to OP Units, may be redeemable for cash or convertible into common stock.
Insider Transaction Report
- Award
LTIP Units
[F1][F2]2026-01-28+2,156→ 2,156 total→ Common Stock (2,156 underlying) - Award
LTIP Units
[F1][F3]2026-01-28+31,575→ 31,575 total→ Common Stock (31,575 underlying)
Footnotes (3)
- [F1]Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.
- [F2]Represents earned performance-based LTIP Units previously granted to the reporting person on February 15, 2023. The performance conditions applicable to the performance-based LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 28, 2026 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.
- [F3]Represents earned performance-based LTIP Units previously granted to the reporting person on February 7, 2025 and May 1, 2025. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of February 7, 2025, subject to the reporting person's continued employment through the applicable vesting date.