Medical Properties Trust (MPW) CFO receives performance and restricted stock grants
Rhea-AI Filing Summary
Medical Properties Trust executive Steven R. Hamner, Executive Vice President and CFO, reported equity award activity in the company’s common stock. On January 8, 2026, he was granted 509,124 shares tied to performance goals for debt reduction and cash revenue growth from January 1, 2026 through December 31, 2028, and 549,854 restricted shares that will vest in equal installments at the beginning of each of 12 calendar quarters starting April 1, 2026. On January 9, 2026, 67,265 shares were withheld at $5.04 per share to satisfy tax obligations upon vesting of restricted stock, which is described as not constituting a sale. After these transactions, Hamner directly beneficially owned 3,889,568 shares of Medical Properties Trust common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.001 | 67,265 | $5.04 | $339K |
| Grant/Award | Common stock, par value $0.001 | 509,124 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.001 | 549,854 | $0.00 | -- |
Footnotes (1)
- 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 and further adjusted pursuant to modifier provisions in the award that are based on the Company's total return to shareholders. The total amount of securities beneficially owned following the reported transaction includes a reduction of shares that were forfeited due to only partially satisfying the performance thresholds established as part of the 2023 Performance Share Award. Shares vest ratably at the beginning of each of the 12 calendar quarters beginning April 1, 2026. Represents shares withheld upon vesting of restricted stock to satisfy tax withholding obligations. This does not constitute a sale transaction.
FAQ
What insider activity did MPW CFO Steven R. Hamner report on this Form 4?
Steven R. Hamner, Executive Vice President and CFO of Medical Properties Trust (MPW), reported three transactions in common stock: two equity awards granted on January 8, 2026, and a share withholding for taxes on January 9, 2026.
What time-based restricted stock did the MPW CFO receive and what is the vesting schedule?
Hamner was granted 549,854 restricted shares of Medical Properties Trust common stock. These shares vest ratably at the beginning of each of 12 calendar quarters, starting on April 1, 2026, meaning a portion becomes unrestricted at the start of each quarter over three years.
How did prior performance awards affect the MPW CFO’s total beneficial ownership?
A footnote states that the total securities beneficially owned after the transactions reflect a reduction of shares forfeited because performance thresholds for the 2023 Performance Share Award were only partially met.