Medical Properties Trust (MPW) investor He Zhengxu reports 6.9% ownership

Rhea-AI Filing Summary

Medical Properties Trust Inc. received an updated large-shareholder disclosure from investor He Zhengxu on a Schedule 13G/A (Amendment No. 2). He reports beneficial ownership of 41,662,706 shares of the company’s common stock, representing 6.9% of the outstanding class as of the event date 12/31/2025. He, a United States citizen, has sole power to vote and dispose of all these shares, with no shared voting or dispositive power reported. The filing states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Medical Properties Trust.

Insights

Equity ownership & disclosure analyst

A single U.S. investor reports a 6.9% passive stake in Medical Properties Trust.

Medical Properties Trust Inc. has a significant shareholder, He Zhengxu, reporting beneficial ownership of 41,662,706 common shares, or 6.9% of the class as of 12/31/2025. The filing shows sole voting and dispositive power over all these shares, with no shared control reported.

The certification language indicates the position is held in the ordinary course of business and not with the purpose or effect of changing or influencing control of the issuer. That aligns with a Schedule 13G passive ownership posture rather than an activist stance.

For investors, this mainly clarifies the ownership profile of the stock by disclosing a sizable passive holder. Any future changes to this stake, if material, would typically appear in subsequent ownership filings, but those are not addressed here.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

MEDICAL PROPERTIES TRUST INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

58463J304

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 58463J304

1

Names of Reporting Persons

He Zhengxu

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 41,662,706.00
6	Shared Voting Power
7	Sole Dispositive Power 41,662,706.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

41,662,706.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MEDICAL PROPERTIES TRUST INC
(b)	Address of issuer's principal executive offices: 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM, ALABAMA, 35242
Item 2.
(a)	Name of person filing: He Zhengxu
(b)	Address or principal business office or, if none, residence: 5220 Belsera Ct., Reno, NV 89519
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 58463J304
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 41,662,706
(b)	Percent of class: 6.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 41,662,706
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of: 41,662,706
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

He Zhengxu

Signature:	He Zhengxu
Name/Title:	Individual
Date:	01/06/2026

FAQ

How many Medical Properties Trust (MPW) shares does He Zhengxu beneficially own?

According to the filing, He Zhengxu beneficially owns 41,662,706 shares of Medical Properties Trust Inc. common stock.

What percentage of Medical Properties Trust (MPW) does He Zhengxu own?

The filing reports that 41,662,706 shares represent 6.9% of the outstanding common stock of Medical Properties Trust Inc..

Does He Zhengxu have sole or shared voting power over MPW shares?

The Schedule 13G/A states that He Zhengxu has sole voting power over 41,662,706 shares and no shared voting power is reported.

Does He Zhengxu control the disposition of his Medical Properties Trust shares?

Yes. The filing shows sole dispositive power over 41,662,706 shares of Medical Properties Trust common stock and no shared dispositive power.

Is He Zhengxu’s stake in Medical Properties Trust (MPW) intended to influence control of the company?

The certification states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Medical Properties Trust.

What type of SEC filing discloses He Zhengxu’s ownership in Medical Properties Trust?

The ownership is disclosed on a Schedule 13G/A (Amendment No. 2) relating to Medical Properties Trust Inc. common stock.