Moses Kelvin O 4
4 · HEALTHPEAK PROPERTIES, INC. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Healthpeak (DOC) CFO Moses Kelvin O Receives Award
What Happened
Moses Kelvin O, Chief Financial Officer of Healthpeak Properties, received two grants of performance-based LTIP Units (derivative awards) that were determined to be earned on January 28, 2026. The awards total 70,227 LTIP Units (33,462 and 36,765). No cash price per unit or immediate shares were issued in this filing — these are derivative membership interests that may convert to OP Units and ultimately to common stock or cash at a later date.
Key Details
- Transaction date: January 28, 2026 (reported on Form 4 filed Jan 30, 2026). Filing appears timely.
- Awards: 33,462 LTIP Units (footnote F2) and 36,765 LTIP Units (footnote F3) — total 70,227 LTIP Units. Reported as "A" (award/grant).
- Price/value: N/A in the filing (derivative units; no per-share cash price reported).
- Vesting/convertibility: F2 units were originally granted Feb 7, 2025 and May 1, 2025 and vest in one-third increments on the 1st, 2nd and 3rd anniversaries of Feb 7, 2025 (subject to continued employment). F3 units were originally granted Mar 3, 2025 and vest in one-fifth increments on the 2nd–6th anniversaries of Mar 3, 2025 (subject to continued employment). Per F1, LTIP Units are profits-interest membership units in Healthpeak OP that can convert to OP Units and are redeemable for cash equal to the fair market value of one share of Healthpeak common stock or may be converted one-for-one into shares.
- Shares owned after transaction: not disclosed in this Form 4.
- Filing timeliness: Reported two days after the determination date (filed Jan 30 for Jan 28 transaction); no late filing indication in the document.
Context: These are earned, performance-based equity awards (not open-market purchases or sales). They do not represent immediate common-stock ownership; conversion and final economic value depend on vesting, conversion elections, and future actions by Healthpeak OP.
Insider Transaction Report
Form 4
Moses Kelvin O
Chief Financial Officer
Transactions
- Award
LTIP Units
[F1][F2]2026-01-28+33,462→ 33,462 total→ Common Stock (33,462 underlying) - Award
LTIP Units
[F1][F3]2026-01-28+36,765→ 36,765 total→ Common Stock (36,765 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 7, 2025 and May 1, 2025. The performance condition applicable to these awards was determined to have been satisfied by the Issuer's Compensation and Human Capital Committee ("Committee") on January 28, 2026 (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.
- [F3]Represents earned performance-based LTIP Units previously granted to the reporting person on March 3, 2025. The performance condition applicable to the 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-fifth (1/5) increments on each of the second, third, fourth, fifth and sixth anniversaries of March 3, 2025, subject to the reporting person's continued employment through the applicable vesting date.
Signature
Carol Samaan, SVP, Legal (Attorney-In-Fact)|2026-01-30