Director at Welltower (NYSE: WELL) receives 1,787 deferred stock units award

Rhea-AI Filing Summary

Welltower Inc. director Dennis G. Lopez received an equity award of 1,787 deferred stock units of common stock on February 26, 2026. The units were granted without cash consideration under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. Each deferred stock unit will convert into common stock upon vesting on February 26, 2027. After this grant, Lopez directly holds 18,461.57 shares of Welltower common stock.

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

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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^*

LOPEZ DENNIS G

(Last) (First) (Middle)

4500 DORR STREET

(Street)

TOLEDO OH 43615

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WELLTOWER INC. [ WELL ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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	02/26/2026(1)		A		1,787(1)	A	$0	18,461.57	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. These shares represent deferred stock units that were granted without cash consideration on February 26, 2026 under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. Each deferred stock unit will be settled in common stock upon vesting on February 26, 2027.

	Matthew McQueen, Attorney in Fact For: Dennis G. Lopez	02/27/2026
	** 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).
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FAQ

What insider transaction did Welltower (WELL) report for Dennis G. Lopez?

Welltower reported that director Dennis G. Lopez received 1,787 deferred stock units of common stock on February 26, 2026. These units were granted without cash consideration as an equity award under the company’s 2022 Long-Term Incentive Plan.

Is the Welltower (WELL) Form 4 transaction a stock purchase or an award?

The Form 4 transaction is an equity award, not an open-market stock purchase. Dennis G. Lopez acquired 1,787 deferred stock units granted without cash consideration under Welltower’s Amended and Restated 2022 Long-Term Incentive Plan.

When do Dennis G. Lopez’s Welltower (WELL) deferred stock units vest?

The 1,787 deferred stock units granted to Dennis G. Lopez vest on February 26, 2027. At that time, each deferred stock unit will be settled in Welltower common stock according to the terms of the long-term incentive plan.

How many Welltower (WELL) shares does Dennis G. Lopez hold after this Form 4?

Following the grant of 1,787 deferred stock units, Dennis G. Lopez directly holds 18,461.57 shares of Welltower common stock. This total reflects his holdings after the reported equity award transaction on February 26, 2026.

Under which plan were the Welltower (WELL) deferred stock units granted to Dennis G. Lopez?

The 1,787 deferred stock units were granted under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. This plan provides equity-based awards, including deferred stock units that are settled in common stock upon vesting.

Did Dennis G. Lopez pay cash for the Welltower (WELL) deferred stock unit grant?

No, Dennis G. Lopez did not pay cash for this grant. The 1,787 deferred stock units were awarded without cash consideration as part of his compensation under Welltower’s Amended and Restated 2022 Long-Term Incentive Plan.