Patadia Ankit B. 4
4 · HEALTHPEAK PROPERTIES, INC. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Healthpeak (DOC) EVP/Treasurer Ankit Patadia Receives Award
What Happened Ankit B. Patadia, EVP and Treasurer of Healthpeak Properties, received performance-based LTIP unit awards on January 28, 2026. The filing shows two grants/awards of derivative LTIP Units totaling 16,895 units (1,079 and 15,816). No per-unit price is reported because these are equity-based compensation (derivative/profits interest units), not open-market purchases or sales.
Key Details
- Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (appears within the normal two-business-day filing window).
- Grants: 1,079 LTIP Units (F2) and 15,816 LTIP Units (F3); total = 16,895 LTIP Units.
- Price: N/A (derivative award / no cash purchase).
- Shares owned after transaction: Not specified in the provided filing.
- Relevant footnotes:
- F1: LTIP Units are profits-interest membership units in Healthpeak OP that have no expiration, may be converted to OP Units, and OP Units are redeemable for cash equal to one share of the issuer’s common stock or convertible to common stock on a one-for-one basis.
- F2: The 1,079 LTIP Units were previously granted 2/15/2023 and were determined to have satisfied performance conditions and vested in full on 1/28/2026.
- F3: The 15,816 LTIP Units were previously granted on 2/7/2025 and 5/1/2025, were deemed earned on 1/28/2026, and will vest in one‑third increments on the first, second and third anniversaries of 2/7/2025, subject to continued employment.
- Transaction code: A = Award/Grant.
Context These LTIP Units are derivative compensation (profits interests) that can convert to OP units and ultimately to cash or common stock; they are compensation-related, not an open-market buy or sell. The smaller 2023 award vested immediately on the determination date; the larger 2025 awards are earned but remain subject to future time-based vesting (one-third each year). Such awards reflect compensation and performance-plan outcomes rather than direct insider buying or selling of stock.
Insider Transaction Report
- Award
LTIP Units
[F1][F2]2026-01-28+1,079→ 1,079 total→ Common Stock (1,079 underlying) - Award
LTIP Units
[F1][F3]2026-01-28+15,816→ 15,816 total→ Common Stock (15,816 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 these awards 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.