Healthcare Realty Trust (NYSE: HR) updates $1B at-the-market stock program
Rhea-AI Filing Summary
Healthcare Realty Trust Incorporated and Healthcare Realty Holdings, L.P. filed an automatic shelf registration statement on Form S-3ASR with the SEC on July 31, 2026, together with a prospectus supplement for an existing at-the-market equity program for up to $1,000,000,000 of Class A common stock.
The new registration statement replaced a prior automatic shelf filed on August 8, 2023, which was deemed terminated when the new statement became effective on July 31, 2026. Because no shares had been sold previously under the at-the-market program, the full $1,000,000,000 of common stock capacity remains available for sale under the equity distribution agreements, the new registration statement, and the ATM prospectus supplement. An opinion of Venable LLP regarding the validity of the common stock issuable under this program was filed as an exhibit.
Positive
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
ATM Program Capacity: $1,000,000,000 aggregate gross sales price
New Registration Statement Effectiveness Date: July 31, 2026
Prior Registration Statement Filing Date: August 8, 2023
+1 more
4 metrics
ATM Program Capacity
$1,000,000,000 aggregate gross sales price
Aggregate gross sales price of Class A common stock under the at-the-market equity program
New Registration Statement Effectiveness Date
July 31, 2026
Date the new automatic shelf registration statement on Form S-3ASR became effective
Prior Registration Statement Filing Date
August 8, 2023
Filing date of the prior automatic shelf registration statement on Form S-3ASR
Equity Distribution Agreements Date
December 17, 2025
Date of the Equity Distribution Agreements governing the ATM program
Key Terms
automatic shelf registration statement, at-the-market equity offering, prospectus supplement, Equity Distribution Agreements
4 terms
automatic shelf registration statement regulatory
"Filed an automatic shelf registration statement on Form S-3ASR with the SEC"
An automatic shelf registration statement is a pre-approved filing that companies submit to securities regulators, allowing them to sell new shares or bonds quickly and efficiently when needed. It acts like a standing permit, enabling the company to raise money without going through a lengthy approval process each time, which can be helpful for responding promptly to market opportunities or needs. For investors, it provides transparency about the company's ability to raise funds and signals planning flexibility.
at-the-market equity offering financial
"Relating to its existing at-the-market equity offering of Class A common stock"
An at-the-market equity offering is a way for a public company to raise cash by selling newly issued shares directly into the open market at current market prices over time through a broker. Think of it as gradually selling items on an online marketplace at whatever buyers are paying now rather than holding a single big sale; it gives the company flexible access to funds but can lower each existing owner’s share of the company and put gentle downward pressure on the stock price if done in large amounts.
prospectus supplement regulatory
"Filed a prospectus supplement relating to the existing at-the-market program"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Equity Distribution Agreements financial
"Pursuant to those certain Equity Distribution Agreements dated December 17, 2025"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Healthcare Realty Trust (HR) disclose on July 31, 2026?
Healthcare Realty Trust disclosed that it filed a new automatic shelf registration statement on Form S-3ASR and a related ATM prospectus supplement supporting an at-the-market equity program for up to $1,000,000,000 of Class A common stock, replacing a prior shelf registration.
What is the size of Healthcare Realty Trust (HR)'s at-the-market program?
The at-the-market equity program allows sales of Healthcare Realty Trust Class A common stock with an aggregate gross sales price of up to $1,000,000,000. This full amount remains available because no shares were sold under the program before the prior registration statement was terminated.
What happened to Healthcare Realty Trust (HR)'s prior automatic shelf registration?
The prior automatic shelf registration statement on Form S-3ASR, originally filed on August 8, 2023, was deemed terminated when the new automatic shelf registration became effective on July 31, 2026, and has been replaced by the new registration statement.
Which legal opinion did Healthcare Realty Trust (HR) file in connection with the ATM program?
Healthcare Realty Trust filed an opinion of Venable LLP as Exhibit 5.1. The opinion addresses the validity of shares of Class A common stock that may be offered and sold under the ATM prospectus supplement and the accompanying prospectus.
Which entities are party to the Equity Distribution Agreements for HR's ATM program?
The Equity Distribution Agreements, dated December 17, 2025, are between Healthcare Realty Trust and its operating partnership on one side and a syndicate of financial institutions, including J.P. Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc., and others, on the other.