Charles Lambert reports 3,628 MPW shares withheld for taxes at $5.01

Rhea-AI Filing Summary

Director and SVP of Finance Charles R. Lambert reported a transaction dated 10/07/2025 affecting his holdings in Medical Properties Trust, Inc. (MPW). The filing shows 3,628 shares of common stock were reported with transaction code F and listed as disposed (D) at a price of $5.01 per share, leaving 320,237 shares beneficially owned after the reported transaction.

The form clarifies these shares were withheld upon vesting of restricted stock to satisfy tax withholding obligations, and the filer states this withholding "does not constitute a sale transaction." The filing was submitted by power of attorney on 10/07/2025.

Positive

• Withholding to satisfy taxes on vested restricted stock preserves cash for the reporting person and avoids an open-market sale
• Clear disclosure that the withholding "does not constitute a sale transaction" reduces ambiguity for investors

Negative

• Reported disposition of 3,628 shares lowers the reporting person's listed beneficial ownership to 320,237 shares
• Transaction price shown at $5.01 may reflect prevailing share value at the time of withholding and is recorded as a disposal

Insights

Corporate Governance Analyst

Insider withheld vested shares for taxes; ownership remains numeric but liquidity unchanged.

The report shows 3,628 shares were withheld on 10/07/2025 to satisfy tax obligations arising from restricted stock vesting, recorded with transaction code F. The filing explicitly states this action "does not constitute a sale transaction," meaning proceeds were not realized in the open market.

This reduces the reporting person's reported beneficial ownership to 320,237 shares but does not indicate a change in economic interest beyond tax withholding. Investors may note the timing relative to compensation vesting schedules and monitor subsequent filings for additional grants or vesting events within the next 12 months.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LAMBERT CHARLES R

(Last) (First) (Middle)

1000 URBAN CENTER DRIVE

SUITE 501

(Street)

BIRMINGHAM AL 35242

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MEDICAL PROPERTIES TRUST INC [ MPW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP of Finance and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.001	10/07/2025		F		3,628(1)	D	$5.01	320,237	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld upon vesting of restricted stock to satisfy tax withholding obligations. This does not constitute a sale transaction.

	W. Zachary Riddle, by power of attorney	10/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MPW insider Charles R. Lambert report on Form 4?

He reported 3,628 shares withheld upon vesting to satisfy tax withholding, recorded as a disposition at $5.01, leaving 320,237 shares beneficially owned.

Was the withholding of shares a sale on the open market for MPW (MPW)?

No. The filing states the withheld shares "does not constitute a sale transaction" and were used to satisfy tax withholding on vested restricted stock.

When was the Form 4 transaction dated for MPW insider activity?

The transaction date reported is 10/07/2025, with the filing signed by power of attorney on the same date.

What transaction code was used and what does it indicate?

Transaction code F was used, which in this filing corresponds to shares withheld to satisfy tax withholding on vested restricted stock as explained in the form.

How many shares does Charles R. Lambert beneficially own after the transaction?

The filing reports 320,237 shares beneficially owned following the withholding event.