AH Realty Trust (AHRT) director gets 2,300-share stock retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wimbush Frederick Blair reported acquisition or exercise transactions in this Form 4 filing.
AH Realty Trust, Inc. director Frederick Blair Wimbush received additional equity compensation. He was granted 2,300 shares of common stock at a price of $6.808 per share, issued in lieu of his cash retainer. Following this award, he directly holds 44,330.627 common shares. The filing also reports his direct holdings of Time-Based LTIP Units, which are linked to 12,919 underlying shares of common stock and are convertible into operating partnership common units under specified conditions, with no stated expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wimbush Frederick Blair
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,300 | $6.808 | $16K |
| holding | Time-Based LTIP Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,330.627 shares (Direct, null);
Time-Based LTIP Units — 12,919 shares (Direct, null)
Footnotes (1)
- These shares were issued to the director in lieu of his cash retainer. 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. 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
Stock grant size: 2,300 shares
Grant price: $6.808 per share
Post-transaction common holdings: 44,330.627 shares
+2 more
5 metrics
Stock grant size
2,300 shares
Common stock awarded to director in lieu of cash retainer
Grant price
$6.808 per share
Value used for the 2,300-share common stock award
Post-transaction common holdings
44,330.627 shares
Director’s direct common stock holdings after the grant
Time-Based LTIP Units underlying shares
12,919 shares
Underlying common stock linked to Time-Based LTIP Units
LTIP exercise price
$0.0000
Exercise or conversion price for Time-Based LTIP Units
Key Terms
Time-Based LTIP Units, Common Units, Change of Control, cash retainer
4 terms
Time-Based LTIP Units financial
"Represents Time-Based LTIP Units ("Time-Based LTIP Units") in AH Realty Trust, LP"
Common Units financial
"Time-Based LTIP Units are 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 (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.
cash retainer financial
"These shares were issued to the director in lieu of his cash retainer."
FAQ
What insider transaction did AH Realty Trust (AHRT) report for Frederick Blair Wimbush?
AH Realty Trust reported that director Frederick Blair Wimbush received 2,300 shares of common stock as a grant. The shares were issued in lieu of his cash retainer, reflecting equity-based compensation rather than an open-market purchase or sale.
What are Time-Based LTIP Units reported for AHRT director Frederick Blair Wimbush?
Time-Based LTIP Units are equity-linked units in AH Realty Trust’s operating partnership. Wimbush’s units are tied to 12,919 underlying common shares and can convert into common units, which are redeemable for cash or common stock, subject to vesting and partnership agreement conditions.
Do the Time-Based LTIP Units held by Frederick Blair Wimbush have an expiration date?
The Time-Based LTIP Units held by Frederick Blair Wimbush have no expiration date. After vesting and subject to partnership agreement conditions, they may be converted into common units, which are redeemable for cash or shares of AH Realty Trust common stock.