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HEALTHPEAK PROPERTIES (NYSE: DOC) CFO boosts stake with ESPP share purchase

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

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.

Positive

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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 Moses Kelvin O
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 937 $15.4615 $14K
Tax Withholding Common Stock 65 $19.15 $1K
Holdings After Transaction: Common Stock — 1,692 shares (Direct, null)
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.
ESPP shares acquired 937 shares Common Stock acquired under ESPP at $15.4615 per share
ESPP purchase price $15.4615 per share Price for 937 shares of Common Stock via ESPP
Shares forfeited for taxes 65 shares Common Stock forfeited to satisfy tax withholding at $19.15
Tax forfeiture price $19.15 per share Value used for 65-share tax-withholding forfeiture
Shares owned after transactions 1,692 shares Total Common Stock directly held after ESPP and tax forfeiture
Employee Stock Purchase Plan financial
"These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
tax withholding obligations financial
"This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction."
forfeiture of shares financial
"This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction."
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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*
Moses Kelvin O

(Last)(First)(Middle)
4600 SOUTH SYRACUSE STREET
SUITE 500

(Street)
DENVER COLORADO 80237

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HEALTHPEAK PROPERTIES, INC. [ DOC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026A937(1)A$15.46151,692D
Common Stock05/29/2026F65(2)D$19.151,627D
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. 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)06/02/2026
** 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 did HEALTHPEAK PROPERTIES (DOC) CFO Kelvin Moses report in this Form 4?

He reported routine equity activity: acquiring 937 shares of common stock through the Employee Stock Purchase Plan and forfeiting 65 shares to cover tax withholding obligations, resulting in higher overall direct ownership of HEALTHPEAK PROPERTIES stock.

How many HEALTHPEAK PROPERTIES (DOC) shares did the CFO acquire and at what price?

Kelvin Moses acquired 937 shares of HEALTHPEAK PROPERTIES common stock at a price of $15.4615 per share under the Employee Stock Purchase Plan, increasing his direct stake in the company’s equity through this compensation-related purchase.

Was the forfeiture of 65 HEALTHPEAK PROPERTIES (DOC) shares a sale by the CFO?

No, the 65-share forfeiture was not a sale. Footnotes explain these shares were forfeited solely to satisfy tax withholding obligations required under the Employee Stock Purchase Plan, rather than being sold in an open-market transaction by the CFO.

What is the Employee Stock Purchase Plan (ESPP) mentioned for HEALTHPEAK PROPERTIES (DOC)?

The Employee Stock Purchase Plan allows eligible employees to buy HEALTHPEAK PROPERTIES common stock, often via payroll deductions. In this case, the CFO’s 937-share acquisition was made through the ESPP, with separate share forfeiture used to cover related tax withholding obligations.

How many HEALTHPEAK PROPERTIES (DOC) shares does the CFO hold after these transactions?

After the reported ESPP acquisition and related tax-withholding forfeiture, CFO Kelvin Moses directly held 1,692 shares of HEALTHPEAK PROPERTIES common stock, according to the ownership totals disclosed for the non-derivative securities in this Form 4 filing.

Did the HEALTHPEAK PROPERTIES (DOC) CFO report any derivative securities in this Form 4?

No derivative securities were listed for the CFO in this report. The filing only shows non-derivative common stock transactions: an ESPP acquisition of 937 shares and a 65-share forfeiture for tax withholding, followed by a total of 1,692 common shares owned directly.