STOCK TITAN

EPR Properties (NYSE: EPR) director reports RSU grants and 3,403-unit exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
Restricted Share Unit financial
"Each Restricted Share Unit represents a contingent right to receive one share"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
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"
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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*
Sterneck Robin Peppe

(Last)(First)(Middle)
909 WALNUT ST.
STE 200

(Street)
KANSAS CITY MISSOURI 64106

(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 Interest06/01/2026M3,403A(1)3,403D
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)06/01/2026M3,40306/01/202606/01/2026Common Shares of Beneficial Interest3,403$041,020D
Restricted Share Units(2)06/01/2026A2,358 (3) (3)Common Shares of Beneficial Interest2,358$043,378D
Restricted Share Units(4)06/01/2026A1,965 (3) (3)Common Shares of Beneficial Interest1,965$045,343D
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 Robin P. Sterneck06/02/2026
** 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 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.

How many EPR Properties common shares does Robin Peppe Sterneck hold after the transactions?

After exercising 3,403 Restricted Share Units, Robin Peppe Sterneck directly holds 3,403 Common Shares of Beneficial Interest. These shares result from equity compensation and conversions rather than open-market purchases of EPR Properties stock.

What Restricted Share Unit grants did Robin Peppe Sterneck receive from EPR (EPR)?

She received grants of 1,965 and 2,358 Restricted Share Units. Each RSU represents a contingent right to receive one EPR Properties common share, issued under the 2016 Equity Incentive Plan as part of annual trustee compensation and in lieu of the annual trustee retainer fee.

When do Robin Peppe Sterneck’s new EPR Restricted Share Units vest?

The Restricted Share Units generally vest on June 1, 2027, or earlier upon a Change of Control as defined in EPR Properties’ 2016 Equity Incentive Plan. Settlement and share delivery follow instructions she provided to the company before the grant date.

Did Robin Peppe Sterneck sell any EPR Properties shares in this Form 4?

No share sales were reported. The Form 4 shows an exercise or conversion of 3,403 Restricted Share Units into common shares and new RSU grants. All reported transactions are equity awards or conversions, not open-market sales or purchases of EPR Properties stock.