EPR Properties (NYSE: EPR) director reports RSU grants and 3,403-unit exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPR Properties director Robin Peppe Sterneck reported compensation-related equity activity. On June 1, 2026, she exercised 3,403 Restricted Share Units into 3,403 Common Shares of Beneficial Interest and now directly holds 3,403 common shares.
She was also granted 1,965 and 2,358 Restricted Share Units under EPR’s 2016 Equity Incentive Plan as part of the annual trustee compensation and retainer program. These RSUs each represent a right to receive one common share and generally vest on June 1, 2027 or upon a qualifying Change of Control. The filing shows no share sales, only equity awards and an RSU conversion.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,403 shares exercised/converted
Mixed
4 txns
Insider
Sterneck Robin Peppe
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,403 | $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 | 3,403 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 41,020 shares (Direct, null);
Common Shares of Beneficial Interest — 3,403 shares (Direct, null)
Footnotes (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.
Key Figures
Common shares after exercise: 3,403 shares
RSU grant (compensation program): 1,965 units
RSU grant (retainer in lieu of cash): 2,358 units
+2 more
5 metrics
Common shares after exercise
3,403 shares
Direct holdings after RSU conversion on June 1, 2026
RSU grant (compensation program)
1,965 units
Restricted Share Units under 2016 Equity Incentive Plan
RSU grant (retainer in lieu of cash)
2,358 units
Restricted Share Units issued instead of annual trustee retainer fee
RSU exercise
3,403 units
Restricted Share Units converted into common shares on June 1, 2026
RSU balance after last transaction
41,020 units
Total Restricted Share Units directly held after derivative transaction
Key Terms
Restricted Share Unit, 2016 Equity Incentive Plan, Change of Control, Annual Trustee Retainer fee
4 terms
2016 Equity Incentive Plan financial
"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 earlier of (a) June 1, 2027, or (b) a Change of Control"
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
"issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee"
FAQ
What did EPR (EPR) director Robin Peppe Sterneck report in this Form 4?
Robin Peppe Sterneck reported equity compensation activity, not open-market trades. She exercised 3,403 Restricted Share Units into 3,403 common shares and received additional RSU grants as part of EPR Properties’ trustee compensation and retainer programs.