Healthpeak Properties (DOC) director reports ESPP stock buy and tax withholding

Rhea-AI Filing Summary

Healthpeak Properties, Inc. director reported routine share activity in company stock. On 11/28/2025, the director acquired 1,448 shares of common stock at $14.7985 per share through the company’s Employee Stock Purchase Plan, which allows employees to buy stock via payroll contributions. On the same date, 81 shares were forfeited at $18.26 to cover tax withholding related to the ESPP purchase, which is explicitly noted as not being a sale transaction. After these transactions, the director beneficially owned 811,383 shares directly and 58 shares indirectly through a child.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Thomas John T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,448	$14.7985	$21K
Tax Withholding	Common Stock	81	$18.26	$1K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 811,464 shares (Direct); Common Stock — 58 shares (Indirect, By Child 7)

Footnotes (1)

1. These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP"). This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

Form 4 Insider Transactions: What Each Field Means →

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^*

Thomas John T

(Last) (First) (Middle)

4600 SOUTH SYRACUSE STREET

SUITE 500

(Street)

DENVER CO 80237

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HEALTHPEAK PROPERTIES, INC. [ DOC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/28/2025		A		1,448(1)	A	$14.7985	811,464	D
Common Stock	11/28/2025		F		81(2)	D	$18.26	811,383	D
Common Stock								58	I	By Child 7

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

Explanation of Responses:

1. These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP").

2. This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

Remarks:

	Carol Samaan, SVP, Legal (Attorney-In-Fact)	12/02/2025
	** 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.

FAQ

What insider transaction did HEALTHPEAK PROPERTIES, INC. (DOC) report?

A company director reported buying 1,448 shares of common stock on 11/28/2025 through the Employee Stock Purchase Plan and a related tax share forfeiture.

At what price did the Healthpeak (DOC) director acquire shares under the ESPP?

The director acquired 1,448 shares of HEALTHPEAK PROPERTIES, INC. common stock at a price of $14.7985 per share under the ESPP.

Why were 81 Healthpeak (DOC) shares forfeited by the insider?

The insider forfeited 81 shares at $18.26 to satisfy tax withholding obligations related to the ESPP purchase, and this is stated as not constituting a sale transaction.

How many Healthpeak (DOC) shares does the director own after these transactions?

Following the reported transactions, the director beneficially owned 811,383 shares directly and 58 shares indirectly through a child.

What plan was used for the Healthpeak (DOC) insider share purchase?

The Employee Stock Purchase Plan (ESPP) was used, under which the 1,448 shares of HEALTHPEAK PROPERTIES, INC. common stock were acquired.

Does the tax withholding share forfeiture count as a sale for the Healthpeak (DOC) insider?

The filing explains that the forfeiture of 81 shares to cover taxes under the ESPP does not constitute a sale transaction.