AH Realty Trust (AHH) director awarded shares and holds LTIP units

Rhea-AI Filing Summary

AH Realty Trust, Inc. director Frederick Blair Wimbush received a stock-based compensation award instead of cash. He was granted 2,281 shares of common stock on March 16, 2026 at a reference price of $6.028 per share, increasing his direct common stock holdings to 40,965.877 shares.

He also holds 12,919 Time-Based LTIP Units in AH Realty Trust, LP, which are tied to the company’s common stock. After vesting and, in most cases, two years from grant, these LTIP Units can convert into operating partnership common units, which are in turn redeemable for either cash equal to the market value of one common share or one share of common stock, at the company’s election.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wimbush Frederick Blair

(Last) (First) (Middle)

C/O AH REALTY TRUST, INC.

222 CENTRAL PARK AVE, SUITE 1000

(Street)

VIRGINIA BEACH VIRGINIA 23462

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AH Realty Trust, Inc. [ AHRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		A		2,281(1)	A	$6.028	40,965.877	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Time-Based LTIP Units	(2)(3)							(2)(3)	(2)(3)	Common Stock	12,919		12,919	D

Explanation of Responses:

1. These shares were issued to the director in lieu of his cash retainer.

2. Represents Time-Based LTIP Units ("Time-Based LTIP Units") in AH Realty Trust, LP (the "Operating Partnership"), the operating partnership of AH Realty Trust, Inc. (the "Company"), and of which the Company is the general partner. Under the agreement of limited partnership of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into common units of limited partnership interest in the Operating Partnership ("Common Units"), at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date.

3. Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.

Remarks:

	/s/ Matthew T. Barnes-Smith, as Attorney-in-Fact for F. Blair Wimbush	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AH Realty Trust director Frederick Blair Wimbush report?

Director Frederick Blair Wimbush reported receiving 2,281 shares of AH Realty Trust, Inc. common stock as a grant in lieu of his cash retainer. This non-cash award increased his direct common stock holdings to 40,965.877 shares as of the reported transaction date.

Was the AH Realty Trust (AHH) insider transaction a market purchase or a grant?

The transaction was a grant or award, not a market purchase. The shares were issued to the director in lieu of his cash retainer at a reference price of $6.028 per share, reflecting stock-based compensation rather than an open-market buy.

How many AH Realty Trust common shares does the director hold after this Form 4?

Following the transaction, Frederick Blair Wimbush holds 40,965.877 shares of AH Realty Trust, Inc. common stock directly. This figure reflects the addition of 2,281 granted shares received as compensation instead of a cash board retainer on the reported date.

What are Time-Based LTIP Units reported in the AH Realty Trust Form 4?

Time-Based LTIP Units are equity-linked units in AH Realty Trust, LP, the operating partnership. The director holds 12,919 such units, which, after vesting and typically two years from grant, may convert into partnership common units tied to the value of AH Realty Trust’s common stock.

How can AH Realty Trust Time-Based LTIP Units ultimately be settled?

After conversion into common units of the operating partnership, each common unit is redeemable for either cash equal to the then-current market value of one AH Realty Trust common share or one share of common stock, at the company’s election. These units have no expiration date.

Do the Time-Based LTIP Units held by the director have an exercise price or expiration date?

The Time-Based LTIP Units carry a stated exercise price of $0.0000 per unit and have no expiration date. Their value is tied to the underlying common stock. Conversion into common units is subject to vesting conditions and a two-year holding period except in a Change of Control.