Medical Properties Trust (MPT) awards 112,500 shares to Senior VP, Controller & CAO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hanna James Kevin reported acquisition or exercise transactions in this Form 4 filing.
Medical Properties Trust granted equity awards to Senior VP, Controller & CAO James Kevin Hanna. He received 75,000 shares of common stock as a time-based award and 37,500 performance-based shares tied to debt reduction and cash revenue growth from January 1, 2026 through December 31, 2028. Following these grants, he directly holds 546,794 shares of common stock. The time-based shares vest in equal installments at the beginning of each of 12 calendar quarters starting April 1, 2026, while the performance award will be earned only if specific performance thresholds are achieved.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hanna James Kevin
Role
Senior VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.001 | 75,000 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.001 | 37,500 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.001 — 509,294 shares (Direct)
Footnotes (1)
- Shares vest ratably at the beginning of each of the 12 calendar quarters beginning April 1, 2026. Shares will be earned based on the achievement of specific performance thresholds pertaining to the Company's reduction of overall debt and cash revenue growth, as defined and set by our compensation committee, over the period from January 1, 2026 through December 31, 2028, with the opportunity to earn up to one third of the award for 2026 performance against the specified measures. The actual number of shares to be issued will vary depending upon the achievement of these specific performance thresholds.
FAQ
What insider transaction did MEDICAL PROPERTIES TRUST (MPT) report for James Kevin Hanna?
Medical Properties Trust reported that Senior VP, Controller & CAO James Kevin Hanna received equity awards totaling 112,500 common shares. These consist of time-based and performance-based grants, both awarded at no cash purchase price as part of his compensation package.
What performance goals affect the 37,500 MEDICAL PROPERTIES TRUST (MPT) performance-based shares?
The 37,500 performance-based shares will be earned based on specific thresholds for reducing overall company debt and increasing cash revenue growth between January 1, 2026 and December 31, 2028. The actual shares issued will vary with achievement against these committee-set metrics.
Are the MEDICAL PROPERTIES TRUST (MPT) Form 4 grants open-market purchases or compensation awards?
The reported transactions are compensation-related awards, not open-market purchases. Both entries use transaction code “A” for grants or awards, show a per-share price of $0.0000, and are tied to time-based vesting and performance conditions set by the compensation committee.