Healthcare Realty Trust Inc (HR) SEC Filings, Apr-May 2026

RUFRANO GLENN J reported acquisition or exercise transactions in this Form 4 filing.

Healthcare Realty Trust Inc director Glenn J. Rufrano received a grant of 6,683 shares of common stock on May 19, 2026 at a price of $20.20 per share. This was a compensation-related award rather than an open-market purchase. Following the grant, he directly holds 25,701 shares of common stock.

Healthcare Realty Trust Inc director Donald C. Wood reported an equity grant of common stock. On 2026-05-19, he acquired 6,683 shares of common stock at a reported value of $20.20 per share in a compensation-related award. After this grant, he directly owns 21,601 common shares, showing his updated equity stake in the company.

Healthcare Realty Trust Incorporated reported the results of its annual meeting of stockholders held on May 19, 2026. Stockholders representing 326,851,561 shares, or about 94.32% of outstanding common stock, were present in person or by proxy, indicating very high participation.

All nominated directors were elected for one-year terms, each receiving more than 90% support of votes cast, with several above 98%. Stockholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 99.86% of votes cast in favor. In addition, stockholders approved, on a non-binding advisory basis, the company’s executive compensation (“say-on-pay”) with 91.68% support.

Healthcare Realty Trust Incorporated entered into a new senior unsecured term loan agreement providing a $400.0 million delayed draw term loan facility for its operating partnership. The facility can be drawn on the closing date and in up to three additional draws until the first anniversary of the closing date and matures on May 15, 2029.

The agreement includes an accordion feature allowing up to an additional $100.0 million of term loans, subject to lender commitments. Pricing is based on the borrower’s unsecured long-term debt ratings, with an initial margin of 0.90% per annum over Term SOFR or Daily Simple SOFR and 0.00% over the base rate. A 0.20% per annum commitment fee applies on unfunded commitments starting on the ninety-first day after closing. As of the closing date, no borrowings were outstanding. The facility has no required amortization, permits voluntary prepayment without penalty, and includes customary covenants and events of default for a facility of this type.

Healthcare Realty Trust Incorporated completed a private offering of $700 million in 3.00% Exchangeable Senior Notes due 2032 through its subsidiary Healthcare Realty Holdings, L.P., fully and unconditionally guaranteed on a senior, unsecured basis by the company. The notes pay semi-annual interest and are exchangeable into common stock at an initial rate of 43.4660 shares per $1,000 principal amount, implying an initial exchange price of about $23.01 per share, with customary adjustment and make-whole features. The issuer can settle exchanges in cash or in a mix of cash and shares and may redeem the notes from 2030 if stock price and liquidity conditions are met. A related registration rights agreement requires a resale registration statement for shares issuable upon exchange and provides for additional interest or a 3% maturity premium if certain registration defaults occur. The company also entered into capped call transactions covering the shares underlying the notes, with an initial cap price of $27.41 per share and a cost of about $28 million, which are expected to reduce potential dilution or offset cash payments above principal upon exchange, subject to the cap.

Healthcare Realty Trust Incorporated is raising new debt through its operating partnership, which has priced a private offering of $600 million aggregate principal amount of 3.00% exchangeable senior notes due 2032, upsized from a previously announced $500 million. The notes are senior, unsecured obligations of Healthcare Realty Holdings, L.P. and are fully and unconditionally guaranteed by Healthcare Realty.

Noteholders can exchange the notes for cash and, if applicable, shares of class A common stock at an initial exchange rate of 43.4660 shares per $1,000 of notes, implying an exchange price of about $23.01 per share, a 17.5% premium to the $19.58 share price on May 4, 2026. A capped call with an initial cap price of about $27.41 per share (a 40.0% premium) is intended to reduce potential dilution.

Healthcare Realty L.P. expects net proceeds of about $582.6 million (or $680.1 million if the underwriters’ option is fully exercised). It plans to spend $24.0 million on capped call transactions, about $75.0 million to repurchase approximately 3.83 million shares of class A common stock, and use the remainder, together with borrowings under its unsecured revolving credit facility, to repay its 3.500% Senior Notes due 2026.

Healthcare Realty Trust reported first-quarter 2026 revenue of $278.99 million, down from $298.98 million a year earlier, as rental income declined. Despite lower revenue, net results improved sharply to near break-even, with net income of $21 thousand versus a net loss of $45.39 million in 2025.

FFO attributable to common stockholders was $123.70 million, essentially flat year over year, while Normalized FFO rose to $144.38 million. Cash from operations increased to $52.88 million. The company sold medical office properties for $33.4 million, invested in joint ventures, spent $49.1 million on capital projects, and repurchased 5.7 million shares for $99.9 million, ending with $4.10 billion of notes and bonds payable and 346.5 million shares outstanding.

Healthcare Realty Trust reported mixed first quarter 2026 results with stronger cash flow metrics and higher full-year guidance. GAAP net loss was essentially breakeven at $(0.00) per share, while NAREIT FFO held at $0.35 per share and Normalized FFO rose to $0.41 per share from $0.39 a year earlier. Revenue was $279.0 million versus $299.0 million in the prior-year quarter.

The portfolio produced Same Store Cash NOI growth of 6.9% with 93.5% tenant retention, 4.2% cash leasing spreads and 2.0 million square feet of lease executions. Funds available for distribution were $112.9 million with a 75% payout ratio, supporting a $0.24 per share dividend. The company raised 2026 Normalized FFO guidance to $1.59–$1.65 per share and Same Store Cash NOI growth guidance to 3.75%–4.75%. It also repurchased $100 million of stock, completed about $125 million of acquisitions and dispositions, and ended the quarter with Net Debt to Adjusted EBITDA of 5.5x and roughly $1.2 billion of liquidity.

Healthcare Realty Trust Inc ownership filing by Vanguard Capital Management reports 18,439,935 shares of Common Stock, representing 5.28% of the class. The filing states Vanguard exercises sole dispositive power over these shares and that holdings include securities held by Vanguard funds and certain affiliates.