National Healthcare Properties, Inc. ownership disclosure: Prudential Financial, Inc. reports beneficial ownership of 4,504,336 shares of Common stock, representing 10.2% of the class. The filing states shared voting and dispositive power over those 4,504,336 shares, held indirectly through subsidiaries including PGIM, Inc. and PGIM Quantitative Solutions LLC.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed via Schedule 13G; ownership is held indirectly by Prudential subsidiaries.
Prudential Financial reports 4,504,336 shares (10.2%) of Common stock with shared voting and dispositive power. The filing lists two subsidiaries: PGIM, Inc. (4,184,605 shares) and PGIM Quantitative Solutions LLC (319,731 shares).
The ownership appears reported under beneficial-owner disclosure rules; cash‑flow treatment or plans for activism are not stated in the excerpt.
Disclosure signals a significant holder but classifies as a Schedule 13G reporting posture.
The schedule lists shared voting and shared dispositive power for the 4,504,336 shares and identifies Prudential as a Parent Holding Company with indirect ownership through subsidiaries. The filing is signed by a Prudential officer.
Further filings would be needed to determine any plans to change voting or to transact; timing and intentions are not included here.
Key Figures
Shares beneficially owned:4,504,336 sharesPercent of class:10.2%PGIM, Inc. holdings:4,184,605 shares+2 more
5 metrics
Shares beneficially owned4,504,336 sharesAmount reported by Prudential Financial on Schedule 13G
Percent of class10.2%Percent of common stock represented by the 4,504,336 shares
PGIM, Inc. holdings4,184,605 sharesShares held by PGIM, Inc., as listed in the filing
PGIM Quantitative Solutions holdings319,731 sharesShares held by PGIM Quantitative Solutions LLC, as listed in the filing
Filing signature date07/08/2026Signature date on the Schedule 13G excerpt
"Prudential Financial, Inc. files this schedule reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 4,504,336.00 indicating joint control over disposition"
Parent Holding Companyregulatory
"Prudential Financial, Inc. is a Parent Holding Company and the indirect parent"
Beneficially ownedfinancial
"Amount beneficially owned: 4,504,336 (b) Percent of class: 10.2 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
What stake does Prudential Financial report in NHP?
Prudential Financial reports beneficial ownership of 4,504,336 shares, representing 10.2% of National Healthcare Properties' common stock. The holding is disclosed on a Schedule 13G and reflects shared voting and dispositive power.
Which Prudential entities hold the NHP shares?
The filing identifies subsidiaries: PGIM, Inc. holds 4,184,605 shares and PGIM Quantitative Solutions LLC holds 319,731 shares, together accounting for the reported 4,504,336-share position.
Does the Schedule 13G indicate Prudential will vote the shares?
The Schedule 13G shows shared power to vote over 4,504,336 shares, but it does not state how Prudential will vote or any planned actions. Intentions or voting plans are not disclosed in the excerpt.
Is the ownership direct or indirect according to the filing?
Prudential Financial is reported as a Parent Holding Company and the shares are held indirectly through subsidiaries, per the filing which lists the two subsidiary holders and their respective share counts.
Who signed the Schedule 13G for Prudential Financial?
The filing is signed by /s/ Danny Fiore, identified as Second Vice President, with the signature date of 07/08/2026 on the submitted excerpt.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
National Healthcare Properties, Inc.
(Name of Issuer)
Common
(Title of Class of Securities)
42226B501
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
42226B501
1
Names of Reporting Persons
PRUDENTIAL FINANCIAL INC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,504,336.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,504,336.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,504,336.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
National Healthcare Properties, Inc.
(b)
Address of issuer's principal executive offices:
540 MADISON AVE, 27TH FLOOR, NEW YORK, NEW YORK, 10022.
Item 2.
(a)
Name of person filing:
Prudential Financial, Inc.
(b)
Address or principal business office or, if none, residence:
751 Broad Street
Newark, New Jersey 07102-3777
(c)
Citizenship:
New Jersey
(d)
Title of class of securities:
Common
(e)
CUSIP Number(s):
42226B501
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
4,504,336
(b)
Percent of class:
10.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
4,504,336
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
4,504,336
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Our clients may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities which are the subject of this filing.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Prudential Financial, Inc. is a Parent Holding Company and the indirect parent of the following subsidiaries, who are the beneficial owners of the number and percentage of securities which are the subject of this filing as set forth next to their names:
Subsidiaries Number of shares Percentage
PGIM, Inc. IA 4,184,605 9.5
PGIM Quantitative Solutions LLC IA 319,731 0.7
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
