HEALTHPEAK PROPERTIES (NYSE: DOC) CFO boosts stake with ESPP share purchase
Rhea-AI Filing Summary
HEALTHPEAK PROPERTIES, INC. Chief Financial Officer Kelvin O. Moses reported routine equity compensation activity involving the company’s common stock. He received 937 shares as an acquisition under the Employee Stock Purchase Plan at a price of $15.4615 per share, increasing his direct holdings. On the same date, 65 shares were forfeited at $19.15 per share to satisfy tax withholding obligations, which the footnotes state does not constitute a sale transaction. After these transactions, he directly held 1,692 shares of common stock, indicating a net increase in ownership.
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Insights
Routine ESPP purchase with small tax withholding, net shares increased.
Kelvin O. Moses, CFO of HEALTHPEAK PROPERTIES, INC., acquired 937 common shares through the Employee Stock Purchase Plan at $15.4615 per share. ESPPs are standard programs allowing employees to buy stock, often at a favorable price.
To cover tax obligations tied to this acquisition, 65 shares were forfeited at $19.15 per share. Footnotes clarify this forfeiture is required under the ESPP and is not an open-market sale. Such tax-withholding dispositions generally carry little informational value about sentiment.
Following these actions, Moses directly held 1,692 shares in total, reflecting a net increase in ownership. There are no derivative positions listed, so this snapshot reflects only common stock holdings visible in this report.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 937 | $15.4615 | $14K |
| Tax Withholding | Common Stock | 65 | $19.15 | $1K |
Footnotes (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.