STOCK TITAN

EPR Properties (EPR) director grants and RSU exercise update disclosed

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

Rhea-AI Filing Summary

EPR Properties director John Peter Suarez reported equity compensation activity and updated holdings. He exercised 1,510 Restricted Share Units into 1,510 Common Shares of Beneficial Interest held directly. He also received two new awards of 1,965 and 2,358 Restricted Share Units under the company’s 2016 Equity Incentive Plan, issued as part of the annual trustee compensation and in lieu of the annual trustee retainer fee.

Following these transactions, Suarez holds 1,510 common shares directly and 1,564 common shares indirectly through The Suarez Family Trust Dated February 13, 2015. He now has 7,343 Restricted Share Units outstanding, each representing a contingent right to receive one common share. The Restricted Share Units generally vest on the earlier of June 1, 2027, or a Change of Control as defined in the plan, with settlement instructions provided by Suarez in advance.

Positive

  • None.

Negative

  • None.
Insider Suarez John Peter
Role null
Type Security Shares Price Value
Exercise Restricted Share Units 1,510 $0.00 --
Grant/Award Restricted Share Units 2,358 $0.00 --
Grant/Award Restricted Share Units 1,965 $0.00 --
Exercise Common Shares of Beneficial Interest 1,510 $0.00 --
holding Common Shares of Beneficial Interest -- -- --
Holdings After Transaction: Restricted Share Units — 3,020 shares (Direct, null); Common Shares of Beneficial Interest — 1,510 shares (Direct, null); Common Shares of Beneficial Interest — 1,564 shares (Indirect, The Suarez Family Trust Dated February 13, 2015)
Footnotes (1)
  1. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest. Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest. Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant. Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.
RSUs exercised into common shares 1,510 shares Exercise of Restricted Share Units into Common Shares of Beneficial Interest on June 1, 2026
First RSU grant 1,965 units Restricted Share Units granted on June 1, 2026 under 2016 Equity Incentive Plan
Second RSU grant 2,358 units Restricted Share Units granted on June 1, 2026 in lieu of annual trustee retainer fee
RSUs outstanding after transactions 7,343 units Total Restricted Share Units held following June 1, 2026 awards and exercise
Direct common shares after exercise 1,510 shares Direct ownership of Common Shares of Beneficial Interest following June 1, 2026 exercise
Indirect common shares via trust 1,564 shares Indirect holdings through The Suarez Family Trust Dated February 13, 2015
Vesting date trigger June 1, 2027 Earliest standard vesting date for Restricted Share Units, or earlier upon Change of Control
Restricted Share Units financial
"Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
2016 Equity Incentive Plan financial
"Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program."
Change of Control financial
"the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan)."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Annual Trustee Retainer fee financial
"Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee."
Common Shares of Beneficial Interest financial
"Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest."
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
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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*
Suarez John Peter

(Last)(First)(Middle)
450 LEXINGTON AVENUE

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EPR PROPERTIES [ EPR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Shares of Beneficial Interest06/01/2026M1,510A(1)1,510D
Common Shares of Beneficial Interest1,564IThe Suarez Family Trust Dated February 13, 2015
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
Restricted Share Units(1)06/01/2026M1,51006/01/202606/01/2026Common Shares of Beneficial Interest1,510$03,020D
Restricted Share Units(2)06/01/2026A2,358 (3) (3)Common Shares of Beneficial Interest2,358$05,378D
Restricted Share Units(4)06/01/2026A1,965 (3) (3)Common Shares of Beneficial Interest1,965$07,343D
Explanation of Responses:
1. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
2. Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest.
3. Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.
4. Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.
Remarks:
/s/ Angela M. Whittaker, Attorney-in-Fact for John P. Suarez06/02/2026
** 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 EPR (EPR) director John Peter Suarez report?

John Peter Suarez reported exercising 1,510 Restricted Share Units into 1,510 common shares and receiving two new Restricted Share Unit grants. These grants were issued under EPR Properties’ 2016 Equity Incentive Plan as part of his annual trustee compensation and retainer in share form.

How many EPR (EPR) common shares does John Peter Suarez hold after this Form 4?

After these transactions, Suarez holds 1,510 EPR Properties common shares directly and 1,564 common shares indirectly through The Suarez Family Trust. The filing shows these as separate ownership lines, reflecting his direct holdings and the trust’s indirect position in the company.

How many Restricted Share Units does EPR (EPR) director Suarez now own?

Following the reported grants and exercise, Suarez holds 7,343 Restricted Share Units. Each unit represents a contingent right to receive one EPR Properties common share, providing future share delivery once the vesting conditions defined in the company’s equity plan are satisfied.

When do John Peter Suarez’s EPR (EPR) Restricted Share Units vest?

The Restricted Share Units generally vest on the earlier of June 1, 2027, or a Change of Control as defined in EPR Properties’ 2016 Equity Incentive Plan. Vesting determines when the units convert into common shares, subject to the plan’s detailed terms and conditions.

Why did EPR (EPR) grant Restricted Share Units to director Suarez instead of cash?

The filing notes that certain Restricted Share Units were issued in lieu of Suarez’s annual trustee retainer fee. This means EPR Properties compensated him with equity rather than cash, aligning trustee compensation with the company’s share performance over time through stock-based awards.

What does each EPR (EPR) Restricted Share Unit represent for John Peter Suarez?

Each Restricted Share Unit represents a contingent right to receive one EPR Properties common share. Actual share delivery occurs after vesting and settlement, following instructions Suarez provided to the company at the time of grant, under the 2016 Equity Incentive Plan’s governing rules.