Welcome to our dedicated page for WELLTOWER SEC filings (Ticker: WELL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
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.
Welltower Inc. reported strong fourth quarter and full-year 2025 results, highlighting rapid growth in seniors housing and an active capital recycling program. For Q4 2025, net income attributable to common stockholders was $0.14 per diluted share, while normalized FFO reached $1.45 per diluted share, up 28.3% year over year. Same store NOI grew 15.0%, led by 20.4% growth in the Seniors Housing Operating portfolio, supported by 9.6% organic same store revenue growth and higher occupancy and pricing.
For 2025, net income attributable to common stockholders was $1.39 per diluted share and normalized FFO was $5.29 per diluted share, an increase of 22.5% over 2024. The company completed $11 billion of pro rata net investments, focused on seniors housing in the U.S. and U.K., and executed $8.2 billion of dispositions, including a large outpatient medical portfolio. Net debt to Adjusted EBITDA was 3.03x as of December 31, 2025, with approximately $10.2 billion of liquidity.
The Board approved a 10.4% increase in the quarterly dividend to $0.74 per share. For 2026, Welltower expects net income attributable to common stockholders of $3.11 to $3.27 per diluted share and normalized FFO of $6.09 to $6.25, based on blended same store NOI growth of 11.25% to 15.75% and continued portfolio optimization.
Welltower Inc. insider filing: Senior Vice President and Chief Accounting Officer Joshua Fieweger reported a routine share withholding related to equity compensation. On 01/15/2026, 124 shares of Welltower common stock were withheld at a price of $188.18 per share. These shares were withheld upon vesting of restricted stock units to satisfy tax withholding obligations, rather than being sold in the open market. After this transaction, Fieweger beneficially owned 21,269 shares of Welltower common stock in direct form.
Cohen & Steers, Inc., together with its investment adviser subsidiaries, reports beneficial ownership of 33,804,723 shares of Welltower, Inc. common stock, representing 4.93% of the class. Cohen & Steers, Inc. has sole voting power over 27,430,007 of these shares and sole dispositive power over all 33,804,723 shares, with no shared voting or dispositive power.
The shares are held by Cohen & Steers Capital Management, Inc., Cohen & Steers UK Limited, Cohen & Steers Asia Limited, and Cohen & Steers Ireland Limited for the benefit of their respective account holders, who are entitled to dividends and sale proceeds. The group certifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Welltower.
Welltower Inc. director Dennis G. Lopez reported an equity award in the form of deferred stock units tied to the company’s common stock. On 12/31/2025, he acquired 57 units at a price of $0 under the Welltower Inc. Amended and Restated 2022 Long-Term Incentive Plan, increasing his beneficial ownership to 16,674.57 shares of common stock held directly.
The deferred stock units were granted without cash consideration and are scheduled to vest on February 28, 2026, provided he continues to serve through that date. Upon vesting, each unit will be settled in shares of Welltower Inc. common stock, effectively converting this award into additional share ownership at that time.
Welltower Inc. director equity awards reported
A Welltower Inc. director reported receiving equity-based awards dated 12/31/2025. The filing shows an award of 49 LTIP Units in Welltower OP LLC, granted without cash consideration and intended to qualify as profits interests for U.S. federal income tax purposes. These LTIP Units are scheduled to vest on February 28, 2026, if the director continues in service on that date.
Once vested and after certain tax allocation conditions are met, the LTIP Units can be converted into OP Units, which may then be exchanged for Welltower common shares or the cash value of those shares. To reserve common shares for any future exchanges, the director also received 49 Other Stock Units under the company’s 2022 Long-Term Incentive Plan, which can be used only in connection with OP Unit exchanges and are canceled if unused.
Welltower Inc. executive Timothy McHugh, Co-President and CFO, reported an insider transaction in the company's common stock. On 12/16/2025, a transaction coded "G" involved 500 shares at a reported price of $0, after which he directly held 23,398 common shares.
The filing also lists 26 common shares held indirectly by children who share his household and states that he disclaims beneficial ownership of those shares.
Welltower Inc. (WELL) reported an insider stock purchase by its Chief Legal Officer, Matthew McQueen. On 11/28/2025, he acquired 71 shares of Welltower common stock through the company’s Employee Stock Purchase Plan, at a price of $131.94 per share. This type of plan lets eligible employees buy company stock, often at a discount under preset terms.
After this transaction, McQueen beneficially owned 27,422 Welltower shares in total, held directly. The filing notes that the acquisition under the employee plan was exempt from certain short-swing profit rules under Rule 16b-3(c) and Rule 16b-3(d). The shares were purchased at 85% of the closing stock price on June 2, 2025, which was the first trading day of the ESPP offering period.