Chiron Real Estate awards 7,418 LTIP units

Zeiller Robert Harold reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Zeiller Robert Harold reported acquisition or exercise transactions in this Form 4 filing.

Chiron Real Estate Inc. granted its Chief Development Officer and Head of Seniors Housing, Robert Harold Zeiller, 7,418 LTIP Units on 2026-08-03 as an employment inducement award under NYSE Listing Rule 303A.08. These LTIP Units, which are partnership interests in Chiron Real Estate LP, vest in three equal annual installments. Once vested and after achieving capital account parity, they may be exchanged for cash or, at the issuer’s election, for Common Stock on a one-for-one basis. Following this grant, Zeiller directly holds 9,895 LTIP Units, which have no expiration date.

Insider Trade Summary

Grant/Award: 7,418 shares

Grant/Award 1 txn

Insider Zeiller Robert Harold

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	LTIP Unit (Right to Buy) F1, F2	7,418	$0.00	$0.00

Holdings After Transaction: LTIP Unit (Right to Buy) — 9,895 contracts (Direct)

Footnotes (2)

1. F1. Represents units of limited partnership interest ("LTIP Units") in Chiron Real Estate LP (the "OP"), the operating partnership of the Issuer. The LTIP Units were granted as an employment inducement award under New York Stock Exchange Listing Rule 303A.08 and as a material inducement to the Reporting Person entering into employment with the Issuer. The LTIP Units vest in three equal annual installments, with one-third of the LTIP Units vesting on each anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date. The LTIP Units were awarded pursuant to an LTIP Unit vesting agreement. The LTIP Units were issued outside of the Issuer's 2016 Equity Incentive Plan (as amended from time to time) and have no expiration date.
2. F2. As described in the OP's partnership agreement, vested LTIP Units that have achieved capital account parity may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.

Key Figures

LTIP Units granted: 7,418 LTIP Units Total LTIP Units after grant: 9,895 LTIP Units Vesting schedule: 3 annual installments +2 more

5 metrics

LTIP Units granted 7,418 LTIP Units Employment inducement award granted on 2026-08-03

Total LTIP Units after grant 9,895 LTIP Units Direct holdings of Robert Harold Zeiller following the reported transaction

Vesting schedule 3 annual installments LTIP Units vest in three equal annual installments on each anniversary of the grant date

Exchange ratio 1-for-1 Vested LTIP Units with capital account parity may be exchanged for cash or one share of Common Stock

Expiration No expiration date LTIP Units have no stated expiration date under the described terms

Key Terms

LTIP Units, capital account parity, operating partnership, New York Stock Exchange Listing Rule 303A.08, +1 more

5 terms

LTIP Units financial

"Represents units of limited partnership interest (LTIP Units) in Chiron Real Estate LP"

LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.

capital account parity financial

"Vested LTIP Units that have achieved capital account parity may be exchanged"

operating partnership financial

"Chiron Real Estate LP (the OP), the operating partnership of the Issuer"

An operating partnership is a separate legal entity set up to own and run a company’s core assets and day-to-day businesses, while investors hold interests indirectly through the parent company. Think of it like a dedicated garage that actually stores and services the cars while the owner keeps the dealership; it matters to investors because it affects how income, taxes, liability and voting rights are allocated and therefore can influence distributions and risk.

New York Stock Exchange Listing Rule 303A.08 regulatory

"Granted as an employment inducement award under New York Stock Exchange Listing Rule 303A.08"

employment inducement award financial

"The LTIP Units were granted as an employment inducement award"

An employment inducement award is a grant of company stock, options, or other equity given to a new hire as a joining bonus to encourage them to work for the company. Like a signing bonus in cash, it ties the employee’s pay to the company’s future value and often vests over time. Investors care because these awards increase outstanding shares and compensation costs, affecting per‑share value and motivating executives to meet performance goals.

FAQ

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

What insider transaction did Chiron Real Estate Inc. (XRN) report?

Chiron Real Estate Inc. reported a grant of 7,418 LTIP Units to executive Robert Harold Zeiller as an employment inducement award under NYSE Listing Rule 303A.08, vesting over three years and potentially exchangeable into Common Stock on a one-for-one basis after vesting.

How many LTIP Units did Robert Harold Zeiller receive from XRN?

Robert Harold Zeiller received 7,418 LTIP Units of limited partnership interest in Chiron Real Estate LP. These units were granted as a material inducement to his employment and vest in three equal annual installments, subject to his continued employment through each applicable vesting date.

How do the LTIP Units granted by XRN vest and convert into stock?

The 7,418 LTIP Units vest in three equal annual installments, each on the anniversary of the grant date. After vesting and achieving capital account parity, the LTIP Units may be exchanged for cash or, at the issuer’s election, for Common Stock on a one-for-one basis.

Were the LTIP Units issued under Chiron Real Estate’s 2016 Equity Incentive Plan?

No. The LTIP Units were issued outside Chiron Real Estate Inc.’s 2016 Equity Incentive Plan. They were granted pursuant to an LTIP Unit vesting agreement and structured specifically as an employment inducement award consistent with New York Stock Exchange Listing Rule 303A.08.

What is Robert Harold Zeiller’s total LTIP Unit holding in XRN after this grant?

After the grant of 7,418 LTIP Units, Robert Harold Zeiller directly holds a total of 9,895 LTIP Units. These units are limited partnership interests in Chiron Real Estate LP and, once vested and meeting conditions, can be exchanged for cash or Common Stock without an expiration date.

What are the key economic features of the LTIP Units granted by XRN?

The granted LTIP Units are limited partnership interests with no expiration date. Once vested and after achieving capital account parity, they may be exchanged at any time for cash or, at Chiron Real Estate Inc.’s election, for shares of Common Stock on a one-for-one basis.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/05/2026 - 08:44 PM Accepted by SEC EDGAR 08/05/2026 - 08:44 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^*

Zeiller Robert Harold

(Last) (First) (Middle)

7373 WISCONSIN AVENUE, SUITE 800

(Street)

BETHESDA MARYLAND 20814

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chiron Real Estate Inc. [ XRN ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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

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
LTIP Unit (Right to Buy)(1)	(2)	08/03/2026		A		7,418		(2)	(2)	Common Stock	7,418	$0	9,895	D

Explanation of Responses:

1. Represents units of limited partnership interest ("LTIP Units") in Chiron Real Estate LP (the "OP"), the operating partnership of the Issuer. The LTIP Units were granted as an employment inducement award under New York Stock Exchange Listing Rule 303A.08 and as a material inducement to the Reporting Person entering into employment with the Issuer. The LTIP Units vest in three equal annual installments, with one-third of the LTIP Units vesting on each anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date. The LTIP Units were awarded pursuant to an LTIP Unit vesting agreement. The LTIP Units were issued outside of the Issuer's 2016 Equity Incentive Plan (as amended from time to time) and have no expiration date.

2. As described in the OP's partnership agreement, vested LTIP Units that have achieved capital account parity may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.

Remarks:

Chief Development Officer and Head of Seniors Housing

	/s/ Jamie Barber, as Attorney-in-Fact	08/05/2026
	** 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)