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Healthpeak (DOC) CDO granted 30,596 performance-based LTIP units

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

Rhea-AI Filing Summary

Healthpeak Properties, Inc. reported that officer Scott R. Bohn, CDO and Head of Lab, was granted a total of 30,596 LTIP Units on January 28, 2026. The grants consist of 2,396 earned performance-based LTIP Units from an award granted on February 15, 2023 and 28,200 earned performance-based LTIP Units from an award granted on February 7, 2025.

These LTIP Units are designed as profits interests in Healthpeak OP, LLC and have no expiration date. Once capital account and vesting conditions are met, they can convert into OP Units, which are redeemable for cash equal to one share of Common Stock or convertible into Common Stock on a one-for-one basis. The 2023-related units vested in full on January 28, 2026, while the 2025-related units vest in three equal annual installments, subject to continued employment.

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Insider Bohn Scott R
Role CDO and Head of Lab
Type Security Shares Price Value
Grant/Award LTIP Units 2,396 $0.00 --
Grant/Award LTIP Units 28,200 $0.00 --
Holdings After Transaction: LTIP Units — 2,396 shares (Direct)
Footnotes (1)
  1. Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date. Represents earned performance-based LTIP Units previously granted to the reporting person on February 15, 2023. The performance conditions applicable to the performance-based LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 28, 2026 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date. Represents earned performance-based LTIP Units previously granted to the reporting person on February 7, 2025. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.
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*
Bohn Scott R

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CDO and Head of Lab
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
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
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
LTIP Units (1) 01/28/2026 A 2,396 (1)(2) (1) Common Stock 2,396 (1) 2,396 D
LTIP Units (1) 01/28/2026 A 28,200 (1)(3) (1) Common Stock 28,200 (1) 28,200 D
Explanation of Responses:
1. Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.
2. Represents earned performance-based LTIP Units previously granted to the reporting person on February 15, 2023. The performance conditions applicable to the performance-based LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 28, 2026 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.
3. Represents earned performance-based LTIP Units previously granted to the reporting person on February 7, 2025. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.
Remarks:
Carol Samaan, SVP, Legal (Attorney-In-Fact) 01/30/2026
** 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 (DOC) report for Scott R. Bohn?

Healthpeak reported that CDO and Head of Lab Scott R. Bohn acquired 30,596 LTIP Units on January 28, 2026. These came from previously granted performance-based awards whose performance conditions were certified as achieved by the company’s Compensation and Human Capital Committee.

How many LTIP Units did the Healthpeak (DOC) executive receive from each award?

The executive received 2,396 earned LTIP Units from a grant dated February 15, 2023 and 28,200 earned LTIP Units from a grant dated February 7, 2025. Both awards were marked as acquired at a price of $0.00 per unit.

When do the new Healthpeak (DOC) LTIP Units vest for Scott R. Bohn?

The 2,396 LTIP Units tied to the February 15, 2023 grant vested in full on January 28, 2026. The 28,200 LTIP Units from the February 7, 2025 grant vest in three equal annual installments on the first, second and third anniversaries of the grant date.

What are LTIP Units in Healthpeak OP, LLC and how can they convert?

The LTIP Units represent a class of membership interests in Healthpeak OP, LLC intended to qualify as profits interests. After meeting capital account and vesting conditions, they may convert into OP Units, which are redeemable for cash or convertible into Common Stock on a one-for-one basis.

Do Healthpeak (DOC) LTIP Units reported have an expiration date or fixed term?

The LTIP Units disclosed for Scott R. Bohn have no expiration date. Once eligible, they can be converted into OP Units, which themselves also have no expiration date and can be redeemed for cash or converted into Common Stock at a one-for-one ratio.

Who approved the performance conditions for the Healthpeak (DOC) LTIP awards?

The performance conditions for both performance-based LTIP Unit awards were determined to be satisfied on January 28, 2026 by the issuer’s Compensation and Human Capital Committee. This determination caused the 2023 grant to vest fully and the 2025 grant to be earned, subject to time-based vesting.