STOCK TITAN

Director at Community Healthcare Trust (CHCT) receives 7,661 restricted shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gardner Alan reported acquisition or exercise transactions in this Form 4 filing.

Community Healthcare Trust Inc director Alan Gardner received a grant of 7,661 shares of common stock on May 21, 2026. This was a compensation-related award, not an open-market purchase. Gardner elected to take 50% of his 2026 Board retainer in restricted stock instead of cash, and the company added extra restricted shares equal to 60% of the deferred retainer’s value. The share value was based on a ten-day average stock price of $17.23. Following this grant, Gardner directly holds 104,521 shares of the company’s common stock.

Positive

  • None.

Negative

  • None.
Insider Gardner Alan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 7,661 $17.23 $132K
Holdings After Transaction: Common Stock — 104,521 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 7,661 shares Common Stock grant on May 21, 2026
Grant valuation price $17.23 per share Ten-day average stock price for Board retainer conversion
Total holdings after grant 104,521 shares Alan Gardner direct ownership after transaction
Board retainer election 50% in restricted stock 2026 Board retainer compensation choice
Additional stock incentive 60% of deferred retainer value Extra restricted shares awarded for retainer election
restricted stock financial
"take 50% of his Board retainer in the form of shares of restricted stock with a three-year restriction period"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Board retainer financial
"take 50% of his Board retainer in the form of shares of restricted stock"
three-year restriction period financial
"shares of restricted stock with a three-year restriction period"
ten (10) day average stock price financial
"based upon the ten (10) day average stock price of the common stock"
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*
Gardner Alan

(Last)(First)(Middle)
3326 ASPEN GROVE DRIVE, SUITE 150

(Street)
FRANKLIN TENNESSEE 37067

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Community Healthcare Trust Inc [ CHCT ]
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)
05/21/2026
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 Stock05/21/2026A7,661A$17.23(1)104,521D
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
Explanation of Responses:
1. For 2026, the reporting person elected to take 50% of his Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take 50% of his Board retainer for 2026 in shares of restricted stock in lieu of cash, the Company awarded him additional shares of restricted stock, equal to 60% of the value of the deferred Board retainer. The price of the securities acquired by the reporting person with respect to the deferred Board retainer is based upon the ten (10) day average stock price of the common stock, which is equal to $17.23. The number of securities issued is equal to the total value of the deferred Board retainer plus the value of the additional shares divided by such 10-day average stock price.
Remarks:
/s/ Nathanael P. Kibler, Attorney-in-fact05/26/2026
** 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)

FAQ

What insider transaction did Community Healthcare Trust (CHCT) report for Alan Gardner?

Community Healthcare Trust reported that director Alan Gardner received 7,661 shares of common stock as a grant. The shares represent a portion of his 2026 Board retainer taken in restricted stock instead of cash, plus additional incentive shares.

At what price were Alan Gardner’s CHCT restricted shares valued?

The restricted shares granted to Alan Gardner were valued at $17.23 per share. This price equals the ten-day average stock price used to convert his deferred 2026 Board retainer and the related additional restricted stock into share amounts.

How many Community Healthcare Trust (CHCT) shares does Alan Gardner own after this grant?

After the grant, Alan Gardner directly holds 104,521 shares of Community Healthcare Trust common stock. This total includes the 7,661 restricted shares awarded in connection with his 2026 Board retainer election and his previously held shares.

Was Alan Gardner’s CHCT Form 4 transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. Alan Gardner received 7,661 restricted shares as a compensation-related grant tied to his 2026 Board retainer, which he chose to receive partly in stock rather than in cash.

Why did Community Healthcare Trust (CHCT) award Alan Gardner additional restricted shares?

The company awarded additional restricted shares equal to 60% of the value of Gardner’s deferred 2026 Board retainer. This extra grant was provided because he elected to receive 50% of his Board retainer in restricted stock instead of cash compensation.

What restrictions apply to Alan Gardner’s new CHCT restricted stock grant?

The restricted stock grant has a three-year restriction period. During this time, the shares are subject to vesting conditions and cannot be freely transferred, reflecting their role as long-term equity compensation for Gardner’s Board service in 2026.