National Healthcare Properties CEO Has 16,041 Shares Withheld

The CEO reported 55,119 directly held shares after the tax withholding.

Rhea-AI Filing Summary

National Healthcare Properties, Inc. CEO, President & director Michael Ray Anderson had 16,041 common shares withheld on September 27, 2026, to satisfy a tax withholding obligation connected with vesting of a restricted stock award granted May 23, 2025. The reported price was $16.03 per share. After the transaction, he directly held 55,119 shares.

Insider Trade Summary

Tax Withholding: 16,041 shares

Tax Withholding 1 txn

Insider Anderson Michael Ray

Role CEO, President & director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	16,041	$16.03	$257K

Holdings After Transaction: Common Stock — 55,119 shares (Direct)

Footnotes (1)

1. F1. Reflects shares of National Healthcare Properties, Inc.'s common stock withheld to satisfy a tax withholding obligation in connection with the vesting of a restricted stock award granted to the reporting person on May 23, 2025.

Key Figures

Shares withheld: 16,041 shares Reported per-share price: $16.03 per share Direct shares after transaction: 55,119 shares

3 metrics

Shares withheld 16,041 shares Tax withholding transaction on September 27, 2026

Reported per-share price $16.03 per share Tax withholding transaction on September 27, 2026

Direct shares after transaction 55,119 shares Following the September 27, 2026 transaction

Key Terms

restricted stock award, tax withholding obligation, vesting

3 terms

restricted stock award financial

"vesting of a restricted stock award granted to the reporting person"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax withholding obligation financial

"withheld to satisfy a tax withholding obligation"

vesting financial

"in connection with the vesting of a restricted stock award"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NHP shares were withheld from the CEO for taxes?

On September 27, 2026, CEO, President & director Michael Ray Anderson had 16,041 National Healthcare Properties common shares withheld to satisfy a tax withholding obligation connected with vesting of a restricted stock award. The reported price was $16.03 per share, and he directly held 55,119 shares afterward.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/29/2026 - 04:07 PM Accepted by SEC EDGAR 09/29/2026 - 04:06 PM Learn about SEC filing dates

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
Estimated average burden
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^*

Anderson Michael Ray

(Last) (First) (Middle)

C/O NATIONAL HEALTHCARE PROPERTIES, INC.

540 MADISON AVE., 27TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
National Healthcare Properties, Inc. [ NHP ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, President & director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/27/2026

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

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

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

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	09/27/2026		F		16,041(1)	D	$16.03	55,119	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. Reflects shares of National Healthcare Properties, Inc.'s common stock withheld to satisfy a tax withholding obligation in connection with the vesting of a restricted stock award granted to the reporting person on May 23, 2025.

Remarks:

	/s/ Jie Chai, Attorney-in-Fact	09/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)