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Healthpeak Properties (NYSE: DOC) EVP adds ESPP shares, forfeits some for taxes

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

Rhea-AI Filing Summary

HEALTHPEAK PROPERTIES EVP and CAO Shawn G. Johnston acquired 1,358 shares of Common Stock through the company’s Employee Stock Purchase Plan. In a related move, 76 shares were forfeited to cover tax withholding obligations, which the disclosure states does not constitute a sale. Following these transactions, Johnston directly holds 42,336 shares of Common Stock.

Positive

  • None.

Negative

  • None.
Insider Johnston Shawn G
Role EVP and CAO
Type Security Shares Price Value
Grant/Award Common Stock 1,358 $15.4615 $21K
Tax Withholding Common Stock 76 $19.15 $1K
Holdings After Transaction: Common Stock — 42,336 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 1,358 shares Common Stock acquired via ESPP at $15.4615 per share on May 29, 2026
Tax withholding forfeiture 76 shares Common Stock forfeited to satisfy tax withholding at $19.15 per share
Shares held after acquisition 42,336 shares Direct Common Stock holdings following reported transactions
Tax withholding transactions 1 transaction, 76 shares Summary of tax-withholding dispositions in this Form 4
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
"forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction"
forfeiture financial
"This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction."
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
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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*
Johnston Shawn G

(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)
EVP and CAO
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 Stock05/29/2026A1,358(1)A$15.461542,336D
Common Stock05/29/2026F76(2)D$19.1542,260D
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 insider transactions did HEALTHPEAK PROPERTIES (DOC) report for Shawn G. Johnston?

Shawn G. Johnston, EVP and CAO, acquired 1,358 shares of Common Stock through an Employee Stock Purchase Plan and forfeited 76 shares to cover tax withholding obligations. After these routine transactions, he directly holds 42,336 shares of HEALTHPEAK PROPERTIES stock.

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

Shawn G. Johnston acquired 1,358 shares of HEALTHPEAK PROPERTIES Common Stock at a price of $15.4615 per share. The filing notes these shares were purchased via the company’s Employee Stock Purchase Plan, reflecting a compensation-related share acquisition rather than an open-market trade.

Why were 76 HEALTHPEAK PROPERTIES (DOC) shares forfeited in this Form 4?

The filing states that 76 shares were forfeited to satisfy applicable tax withholding obligations connected with acquiring shares under the Employee Stock Purchase Plan. It explicitly clarifies this forfeiture does not constitute a sale transaction, but a required step to meet tax liabilities.

How many HEALTHPEAK PROPERTIES (DOC) shares does Shawn G. Johnston own after the transactions?

After the reported acquisition and tax-related forfeiture, Shawn G. Johnston directly owns 42,336 shares of HEALTHPEAK PROPERTIES Common Stock. This total includes the Employee Stock Purchase Plan shares and reflects his direct holdings following the May 29, 2026 transactions disclosed.

Does the HEALTHPEAK PROPERTIES (DOC) Form 4 show open-market buying or selling?

The Form 4 does not show open-market buying or selling. It reports an acquisition of 1,358 shares through the Employee Stock Purchase Plan and a forfeiture of 76 shares for tax withholding, which the disclosure notes does not constitute a sale transaction under the plan terms.