Healthpeak Properties (NYSE: DOC) EVP reports RSU vesting and tax share forfeiture

Rhea-AI Filing Summary

Healthpeak Properties, Inc. executive Lisa A. Alonso, EVP and Chief HR Officer, reported equity compensation-related stock activity. On January 28, 2026, she acquired 456 shares of common stock at $0 from a performance-based restricted stock unit grant made on February 15, 2023, which fully vested after the Compensation and Human Capital Committee determined the performance conditions were satisfied.

She also acquired 3,828 shares at $0 from a separate performance-based restricted stock unit grant made on February 7, 2025; that award vests in three equal annual installments, subject to continued employment. In connection with the 2023 award’s vesting, 252 shares were forfeited at $17.71 per share solely to satisfy tax withholding and did not constitute a sale transaction. After these transactions, she directly owned 24,231 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Alonso Lisa A

Role EVP and Chief HR Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	456	$0.00	--
Grant/Award	Common Stock	3,828	$0.00	--
Tax Withholding	Common Stock	252	$17.71	$4K

Holdings After Transaction: Common Stock — 20,655 shares (Direct)

Footnotes (1)

1. Represents performance-based restricted stock units previously granted to the reporting person by the Issuer on February 15, 2023. The performance conditions applicable to the award 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 award vesting in full on the Determination Date. Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule. Represents the number of performance-based restricted stock units previously granted to the reporting person by the Issuer on February 7, 2025. The performance condition applicable to the award was determined to have been satisfied by the Issuer's Committee on the Determination Date, resulting in one-third (1/3) of the shares subject to the award vesting on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 15, 2023.

Form 4 Insider Transactions: What Each Field Means →

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^*

Alonso Lisa A

(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)
	EVP and Chief HR Officer

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
Common Stock	01/28/2026		A		456(1)(2)	A	$0	20,655	D
Common Stock	01/28/2026		A		3,828(2)(3)	A	$0	24,483	D
Common Stock	01/28/2026		F		252(4)	D	$17.71	24,231	D

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. Represents performance-based restricted stock units previously granted to the reporting person by the Issuer on February 15, 2023. The performance conditions applicable to the award 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 award vesting in full on the Determination Date.

2. Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule.

3. Represents the number of performance-based restricted stock units previously granted to the reporting person by the Issuer on February 7, 2025. The performance condition applicable to the award was determined to have been satisfied by the Issuer's Committee on the Determination Date, resulting in one-third (1/3) of the shares subject to the award vesting on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

4. This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 15, 2023.

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 transactions did Lisa A. Alonso report at Healthpeak Properties (DOC)?

Lisa A. Alonso reported equity compensation activity, acquiring 456 and 3,828 common shares at $0 from performance-based restricted stock units. She also forfeited 252 shares at $17.71 solely to cover tax withholding. Following these transactions, she directly owned 24,231 common shares.

Were the Healthpeak Properties (DOC) insider transactions open-market purchases or sales?

The reported transactions were not open-market trades. Shares were issued at $0 from vested performance-based restricted stock units, and 252 shares were forfeited at $17.71 only to satisfy tax withholding obligations. The filing states this forfeiture does not constitute a sale transaction.

How many Healthpeak Properties (DOC) shares does Lisa A. Alonso own after the Form 4 filing?

After the reported transactions, Lisa A. Alonso directly owned 24,231 shares of Healthpeak Properties common stock. This figure reflects the vesting of performance-based restricted stock units and the forfeiture of 252 shares to satisfy related tax withholding requirements on the 2023 grant.

What equity awards vested for Lisa A. Alonso at Healthpeak Properties (DOC)?

Performance-based restricted stock units granted on February 15, 2023 vested in full after the Compensation and Human Capital Committee confirmed performance satisfaction on January 28, 2026. A separate February 7, 2025 performance-based grant began vesting in thirds annually, contingent on continued employment.

Why were 252 Healthpeak Properties (DOC) shares forfeited in this Form 4?

The 252 shares were forfeited to satisfy tax withholding tied to vesting restricted stock units granted on February 15, 2023. The filing clarifies this forfeiture is required under the award agreement and does not represent a discretionary sale or open-market disposition of stock.

What role does Lisa A. Alonso hold at Healthpeak Properties (DOC)?

Lisa A. Alonso serves as Executive Vice President and Chief Human Resources Officer at Healthpeak Properties. Her Form 4 reflects performance-based restricted stock unit vesting determined by the company’s Compensation and Human Capital Committee and resulting changes to her direct common stock holdings.