AH Realty Trust director buys 1,879 shares

The director reported 84,196 AHRT common shares after the purchase, which was made through a broker-sponsored dividend reinvestment program.

Rhea-AI Filing Summary

AH Realty Trust, Inc. (AHRT) director Theodore Bigman purchased 1,879 shares of common stock at $5.96 per share on October 8, 2026, through a broker-sponsored dividend reinvestment program. His reported direct holdings afterward were 84,196 shares; no Rule 10b5-1 plan is reported.

Bigman also reported 11,695 Time-Based LTIP Units in the Operating Partnership. Subject to vesting and the partnership agreement, they are convertible into Common Units; the award terms bar conversion until two years after grant except in connection with a Change of Control. Each Common Unit is redeemable for cash equal to the then-current market value of one common share or, at the company’s election, one common share.

Insider Trade Summary

Net Buyer: 1,879.19 shares

Net Buy 2 txns

Insider BIGMAN THEODORE

Role Director

Bought 1,879.19 shs ($11K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	1,879.19	$5.96	$11K
holding	Time-Based LTIP Units F2, F3	--	--	--

Holdings After Transaction: Common Stock — 84,196.19 shares (Direct); Time-Based LTIP Units — 11,695 contracts (Direct)

Footnotes (3)

1. F1. Shares purchased pursuant to a broker-sponsored dividend reinvestment program.
2. F2. 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. F3. 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.

Key Figures

Common stock purchased: 1,879 shares Purchase price: $5.96 per share Direct common stock holdings after purchase: 84,196 shares +2 more

5 metrics

Common stock purchased 1,879 shares October 8, 2026 purchase

Purchase price $5.96 per share October 8, 2026 purchase

Direct common stock holdings after purchase 84,196 shares Reported after the October 8, 2026 purchase

Time-Based LTIP Units 11,695 units Reported in the Operating Partnership

Conversion restriction Two years after grant Award terms provide an exception in connection with a Change of Control

Key Terms

broker-sponsored dividend reinvestment program, Time-Based LTIP Units, Operating Partnership, Common Units, +1 more

5 terms

broker-sponsored dividend reinvestment program financial

"pursuant to a broker-sponsored dividend reinvestment program"

Time-Based LTIP Units financial

"Represents Time-Based LTIP Units in AH Realty Trust, LP"

Operating Partnership financial

"the operating partnership of AH Realty Trust, Inc."

An operating partnership is a separate legal entity set up to own and run a company’s core assets and day-to-day businesses, while investors hold interests indirectly through the parent company. Think of it like a dedicated garage that actually stores and services the cars while the owner keeps the dealership; it matters to investors because it affects how income, taxes, liability and voting rights are allocated and therefore can influence distributions and risk.

Common Units financial

"convertible into common units of limited partnership interest"

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"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AHRT shares did director Theodore Bigman buy, and at what price?

Theodore Bigman purchased 1,879 AH Realty Trust common shares on October 8, 2026, at $5.96 per share through a broker-sponsored dividend reinvestment program. His reported direct holdings afterward were 84,196 shares, and no Rule 10b5-1 plan is reported.

When can Theodore Bigman’s AHRT Time-Based LTIP Units convert?

The 11,695 Time-Based LTIP Units are convertible into common units of the Operating Partnership after vesting and subject to the partnership agreement. Under the award terms, conversion is barred until two years after grant except in connection with a Change of Control. Each Common Unit is redeemable for cash equal to the then-current market value of one common share or, at the company’s election, one common share.

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

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Available on EDGAR 10/09/2026 - 05:05 PM EDT Accepted by SEC EDGAR 10/09/2026 - 05:05 PM EDT Learn about SEC filing dates

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

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^*

BIGMAN THEODORE

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026

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	10/08/2026		P		1,879.19(1)	A	$5.96	84,196.19	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	11,695		11,695	D

Explanation of Responses:

1. Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

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 Theodore R. Bigman	10/09/2026
	** 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)