STOCK TITAN

AH Realty Trust (AHRT) director receives 11,695 Time-Based LTIP Units award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carroll James A reported acquisition or exercise transactions in this Form 4 filing.

AH Realty Trust, Inc. director James A. Carroll reported a compensation-related equity award rather than an open-market trade. He received a grant of 11,695 Time-Based LTIP Units in the operating partnership at a price of $0.00 per unit, which will vest on the date of the Company’s 2027 Annual Meeting of Stockholders. After this grant, he holds 24,614 Time-Based LTIP Units. The filing also shows direct holdings of 42,918 shares of common stock and 4,645 Common Units, each of which is redeemable for cash equal to, or at the Company’s election, one share of common stock.

Positive

  • None.

Negative

  • None.
Insider Carroll James A
Role Director
Type Security Shares Price Value
Grant/Award Time-Based LTIP Units 11,695 $0.00 $0.00
holding Common Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Time-Based LTIP Units — 24,614 shares (Direct); Common Units — 4,645 shares (Direct); Common Stock — 42,918 shares (Direct)
Footnotes (4)
  1. F1. 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.
  2. F2. 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.
  3. F3. Represents a grant of unvested Time-Based LTIP Units, all of which will vest on the date of the Company's 2027 Annual Meeting of Stockholders.
  4. F4. Represents Common Units. All Common Units reflected in this report may be tendered for redemption by the holder.
Time-Based LTIP Units granted 11,695 units Grant on 2026-06-17 at $0.00 per unit
Time-Based LTIP Units after grant 24,614 units Total Time-Based LTIP Units following transaction
Common stock held 42,918 shares Direct ownership following reported holdings entry
Common Units held 4,645 units Direct Common Units, each redeemable into cash or one share
Exercise/conversion price $0.00 Conversion/exercise price for reported Time-Based LTIP and Common Units
Time-Based LTIP Units financial
"Represents Time-Based LTIP Units ("Time-Based LTIP Units") in AH Realty Trust, LP"
Common Units financial
"Each Common Unit is redeemable for cash equal to the then-current market value"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
Change of Control financial
"except in connection with a Change of Control (as defined in the OP Agreement)"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
OP Agreement financial
"Under the agreement of limited partnership of the Operating Partnership (the "OP Agreement")"
Annual Meeting of Stockholders financial
"will vest on the date of the Company's 2027 Annual Meeting of Stockholders"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider activity did AH Realty Trust (AHRT) report in this Form 4?

AH Realty Trust director James A. Carroll reported receiving 11,695 Time-Based LTIP Units as an equity award. The filing also updates his direct holdings of common stock and Common Units, with no open-market buys or sells disclosed.

How many Time-Based LTIP Units did AH Realty Trust grant to James A. Carroll?

James A. Carroll received 11,695 Time-Based LTIP Units in the operating partnership. These units were granted at a price of $0.00 per unit and increase his total Time-Based LTIP Units to 24,614 following the transaction.

When will the new Time-Based LTIP Units at AH Realty Trust vest?

All of the newly granted 11,695 Time-Based LTIP Units will vest on the date of AH Realty Trust’s 2027 Annual Meeting of Stockholders. Vesting is required before they can be converted into Common Units, subject to conditions in the operating partnership agreement.

What can Time-Based LTIP Units and Common Units at AH Realty Trust convert or be redeemed into?

After vesting, Time-Based LTIP Units may be converted into Common Units at the holder’s option, subject to agreement conditions. Each Common Unit is redeemable for cash equal to one share’s market value or, at the Company’s election, one share of common stock.

What are James A. Carroll’s reported common stock and Common Unit holdings at AH Realty Trust?

The Form 4 shows James A. Carroll directly holding 42,918 shares of AH Realty Trust common stock. He also directly holds 4,645 Common Units, all of which may be tendered for redemption by the holder under the terms described in the footnotes.

Do the Time-Based LTIP Units or Common Units at AH Realty Trust have an expiration date?

According to the disclosure, Time-Based LTIP Units have no expiration date once granted. The footnotes also state that Common Units have no expiration date, although conversions and redemptions remain subject to the governing agreements’ conditions.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Carroll James A

(Last)(First)(Middle)
C/O AH REALTY TRUST, INC.
4605 COLUMBUS STREET

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock42,918D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Time-Based LTIP Units(1)(2)06/17/2026A11,695(3) (1)(2) (1)(2)Common Stock11,695$024,614D
Common Units(2)(4) (2)(4) (2)(4)Common Stock4,6454,645D
Explanation of Responses:
1. 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.
2. 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.
3. Represents a grant of unvested Time-Based LTIP Units, all of which will vest on the date of the Company's 2027 Annual Meeting of Stockholders.
4. Represents Common Units. All Common Units reflected in this report may be tendered for redemption by the holder.
Remarks:
/s/ Matthew T. Barnes-Smith, as Attorney-in-Fact for James A. Carroll06/22/2026
** Signature of Reporting PersonDate
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)