AH Realty Trust director exercises 9,962 units
AH Realty Trust, Inc. director James A. Carroll exercised equity-based awards linked to the company’s common stock.
Rhea-AI Filing Summary
AH Realty Trust, Inc. director James A. Carroll exercised equity-based awards linked to the company’s common stock. On July 1, 2026, he exercised derivative securities covering 9,962 shares of common stock through conversions of Time-Based LTIP Units into Common Units.
Following these transactions, Carroll directly owns 43,675 shares of common stock, 9,626 Common Units in the operating partnership, and 19,633 Time-Based LTIP Units, which are convertible into Common Units under specified conditions. No open-market sales were reported, making this a routine compensation-related exercise and position update.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,962 shares exercised/converted
Exercise
3 txns
Insider
Carroll James A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Time-Based LTIP Units | 4,981 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Units | 4,981 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Time-Based LTIP Units — 19,633 contracts (Direct);
Common Units — 9,626 contracts (Direct);
Common Stock — 43,675 shares (Direct)
Footnotes (4)
- 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.
- 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.
- F3. Represents the conversion of Time-Based LTIP Units granted on July 1, 2024 into Common Units at the election of the reporting person.
- F4. Represents Common Units. All Common Units reflected in this report may be tendered for redemption by the holder.
Key Figures
Derivative shares exercised: 9,962 shares
Exercise price per unit: $0.00 per unit
Common stock held after: 43,675 shares
+2 more
5 metrics
Derivative shares exercised
9,962 shares
Total underlying common shares from two derivative exercises on July 1, 2026
Exercise price per unit
$0.00 per unit
Reported transaction price for exercised Time-Based LTIP Units and Common Units
Common stock held after
43,675 shares
Direct ownership of AH Realty Trust common stock following transactions
Common Units held after
9,626 units
Common Units in AH Realty Trust, LP following conversion transaction
Time-Based LTIP Units held after
19,633 units
Remaining Time-Based LTIP Units after partial conversion into Common Units
Key Terms
Time-Based LTIP Units, Common Units, Change of Control, OP Agreement, +1 more
5 terms
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")..."
redemption financial
"All Common Units reflected in this report may be tendered for redemption by the holder."
Redemption is when an issuer or holder settles a financial instrument by paying it off or returning it for cash, such as a bond being paid at maturity or a preferred share bought back by the company. It matters to investors because redemption changes when and how they get their money back, can cut off future income from the investment, and affects the issuer’s cash needs—think of it like a loan being paid off early or a store refunding a returned purchase.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AH Realty Trust (AHRT) director James A. Carroll report on this Form 4?
Director James A. Carroll reported exercising derivative awards tied to 9,962 shares of AH Realty Trust common stock, updating his holdings in common stock, Common Units, and Time-Based LTIP Units without any reported open-market sales.
What are Common Units referenced in the AH Realty Trust (AHRT) Form 4?
Common Units are partnership units in AH Realty Trust’s operating partnership that may be redeemed for either cash equal to the market value of one share of common stock or, at the company’s election, one share of its common stock, with no expiration date.
What are Time-Based LTIP Units in AH Realty Trust’s equity structure?
Time-Based LTIP Units are long-term incentive partnership units that, once vested and subject to the partnership agreement conditions, can be converted into Common Units. They are granted as equity compensation and have no expiration date under the described terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
