Welltower Inc. SEC filings document the public-company record for a NYSE-listed health care real estate owner and its operating subsidiary, Welltower OP LLC. The disclosures cover operating results and supplemental information for senior housing and wellness housing communities, funds from operations, same-store net operating income and other portfolio metrics tied to the company’s real estate platform.
Material-event filings describe credit agreements, unsecured revolving facilities, shelf registration activity, resale and OP unit share issuance, at-the-market equity programs and NYSE-registered common stock and note guarantees. Proxy materials cover board matters, executive compensation programs and shareholder voting, while governance disclosures frame the company’s capital structure and operating model.
DeSalvo Karen B reported acquisition or exercise transactions in this Form 4 filing.
Welltower Inc. director Karen B. DeSalvo reported an equity award of 1,056 deferred stock units of common stock, granted without cash consideration under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. These units vest and will be settled in common stock on February 26, 2027. Following this grant, she directly owns 12,369.59 shares of Welltower common stock.
Welltower Inc. director Kenneth J. Bacon received equity-based awards tied to the company’s operating partnership and common stock. On February 26, 2026, he was granted 1,056 LTIP Units in Welltower OP LLC without cash consideration. These LTIP Units are intended to qualify as profits interests and are scheduled to vest on February 26, 2027, subject to his continued service.
Once vested and after certain tax-related capital account conditions are met, the LTIP Units can convert into Class A Common Units of Welltower OP, which may then be exchanged for Welltower common shares or equivalent cash, at the issuer’s discretion. To reserve common shares for any such future exchanges, he was also granted 1,056 “Other Stock Units” under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. These Other Stock Units can only be used to acquire common shares through exchanges of OP Units; any remaining units after all OP Units are exchanged will be canceled for no consideration.
Welltower Inc. director and CEO Shankh Mitra reported equity awards tied to long‑term incentive plans. On February 13, 2026, 193,535 LTIP Units and 276,735 LTIP Units vested and were automatically converted into the same number of OP Units in Welltower OP LLC, with no cash paid for vesting or conversion.
To reserve common shares for any future exchanges of these OP Units, Mitra also received 470,270 Other Stock Units under the 2022 Long-Term Incentive Plan, deemed vested upon the LTIP vesting. These Other Stock Units can only deliver Welltower common shares through exchange of OP Units, and any unused units will be canceled for no consideration.
Welltower Inc. executive Timothy McHugh, Co-President and CFO, reported the vesting and conversion of equity awards tied to the company’s operating partnership. On February 13, 2026, 75,264 LTIP Units and 131,332 LTIP Units vested and were automatically converted into the same numbers of OP Units, with no cash paid. These LTIP Units were originally granted without cash consideration in 2022 and 2023. McHugh also received 206,596 Other Stock Units under the 2022 Long-Term Incentive Plan to reserve common shares for any future exchange of OP Units; they can only result in common shares through such exchanges, and any remaining Other Stock Units after all OP Units are exchanged will be canceled for no consideration.
Welltower Inc. Co-President and CIO Nikhil Chaudhri reported equity award vestings and related unit activity. On February 13, 2026, he acquired 21,508, 65,666, and 20,614 LTIP Units through vesting, each block automatically converting into an equal number of OP Units with no cash paid.
He also acquired 107,788 Other Stock Units, which are tied to exchanges of OP Units for common shares under Welltower’s 2022 Long-Term Incentive Plan. Any Other Stock Units remaining after all OP Units are exchanged will be canceled for no consideration.
Welltower Inc. reported equity award activity for Vice Chairman and COO John F. Burkart involving LTIP Units and related stock units. On February 13, 2026, 64,514 LTIP Units and 131,332 LTIP Units vested and were automatically converted into the same number of OP Units in Welltower OP LLC, with no cash paid for the vesting or conversion.
In connection with these LTIP Units, Burkart also received 195,846 Other Stock Units under the 2022 Long-Term Incentive Plan, which were deemed vested upon the LTIP vesting. These Other Stock Units serve only to allow acquisition of common shares through future exchanges of OP Units, and any remaining Other Stock Units after all OP Units are exchanged will be canceled for no consideration.
Welltower Inc.'s Chief Legal Officer Matthew Grant McQueen reported equity awards tied to operating partnership units and a small stock gift. On February 13, 2026, 36,556 and 37,523 LTIP Units in Welltower OP LLC vested and were automatically converted into the same number of OP Units, with no cash paid. He also received 74,079 Other Stock Units under the 2022 Long-Term Incentive Plan, deemed vested solely to reserve common shares that may be issued if OP Units are later exchanged. Separately, he made a bona fide gift of 541 shares of common stock, leaving 26,881 common shares held directly.
Welltower Inc. SVP and Chief Accounting Officer Joshua Fieweger reported equity awards and vesting activity in operating partnership and stock units. On February 13, 2026, he acquired 8,605, 9,381, and 1,942 LTIP Units that vested and were automatically converted into the same number of OP Units of Welltower OP LLC without any cash payment. He also received 19,928 Other Stock Units under Welltower Inc.’s 2022 Long-Term Incentive Plan, which can be used only to acquire common shares through exchanges of OP Units. No sales occurred and no amount was payable in connection with these vestings, conversions, or awards.
Cohen & Steers and its affiliates report a passive ownership stake in Welltower, Inc. common stock. As of December 31, 2025, they beneficially owned 33,804,723 shares, representing 4.93% of the outstanding common stock.
Cohen & Steers reports sole voting power over 27,430,007 shares and sole dispositive power over 33,804,723 shares, with no shared voting or dispositive power. The shares are held by several advisory subsidiaries for the benefit of underlying account holders, who are entitled to dividends and sale proceeds. The filing certifies the position was acquired and is held in the ordinary course of business, and not for the purpose or effect of changing or influencing control of Welltower.
Welltower Inc. filed its 2025 annual report, outlining its business as a large healthcare REIT focused on senior and wellness housing across the U.S., U.K. and Canada. The company controls an UPREIT structure through Welltower OP LLC and aims for long-term per-share growth via data-driven capital allocation.
The portfolio exceeds 2,500 communities and is managed through three segments: Seniors Housing Operating (78% of 2025 revenue), Triple-net (11%) and Outpatient Medical (7%). As of December 31, 2025, Welltower held $2.08 billion of loans at an 8.9% yield, $1.81 billion in unconsolidated investments and $897.7 million of in substance real estate loans.
The report emphasizes use of data science and AI to underwrite deals and support operations, extensive sustainability and human capital programs, and detailed exposure to complex U.S., U.K. and Canadian healthcare and privacy regulations. Welltower intends to maintain REIT status, describing the income, asset and distribution tests and potential taxes if requirements are not met.