[Form 4] Healthpeak Properties, Inc. Insider Trading Activity

Rhea-AI Filing Summary

SEC Form 4 discloses that director John T. Thomas gifted 5,000 shares of Healthpeak Properties, Inc. (ticker DOC) common stock on 07/28/2025. The transaction is coded “G” (bona-fide gift) and carried a price of $0.

Following the gift, Thomas directly owns 808,566 shares and indirectly owns 58 shares held by “Child 7.” The filing also notes that shares previously attributed to six adult children are no longer included because those individuals are no longer members of the reporting person’s household.

No derivative securities were reported, and there were no purchases or sales for cash consideration. The change represents a reduction of roughly 0.62% of Thomas’s prior direct position and is unlikely to be material for the company’s share float or governance.

Insights

Securities Analyst

TL;DR — Small, non-cash insider gift; neutral impact on DOC.

The 5,000-share gift lowers Thomas’s direct stake to 808,566 shares but involves no open-market sale, so it does not signal bearish sentiment. The percentage change is immaterial to both his holdings and Healthpeak’s overall share count. Removal of adult children’s positions is administrative. From a governance and liquidity standpoint, the filing is routine and not expected to influence valuation or trading dynamics.

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
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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)
07/28/2025

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	07/28/2025		G		5,000	D	$0	808,566	D(1)
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. Report no longer includes indirect ownership of shares held by reporting person's adult children (previously reported as Child 1, Child 2, Child 3, Child 4, Child 5 and Child 6). These adult children are no longer part of reporting person's household.

Remarks:

	Carol Samaan, SVP, Legal (Attorney-In-Fact)	07/30/2025
	** 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 transaction did Healthpeak Properties (DOC) report on this Form 4?

Director John T. Thomas gifted 5,000 common shares of DOC on 07/28/2025, coded “G” for a bona-fide gift.

How many DOC shares does John T. Thomas own after the transaction?

He now holds 808,566 shares directly and 58 shares indirectly through Child 7.

Was any cash consideration involved in the insider transaction?

No. The gift was reported at $0 per share; there was no purchase or sale for cash.

Does the Form 4 include derivative securities activity?

No derivative securities were acquired or disposed of in this filing.

Why were some indirect holdings removed from reporting?

Shares previously attributed to six adult children were dropped because they are no longer part of the reporting person’s household.