Willhite Gabriel M 4

What Happened
Gabriel M. Willhite, Chief Operating Officer of American Healthcare REIT (AHR), had time-based restricted stock units (RSUs) vest on March 25, 2026. A total of 15,205 RSUs converted into common shares (9,723 from a 2024 grant and 5,482 from a 2025 grant). The company withheld 7,738 of those shares to satisfy the tax withholding obligation, raising $373,359 (7,738 shares × $48.25). After withholding, Willhite received a net 7,467 shares. Separately, the company awarded him 10,317 new time-based RSUs on March 25, 2026 (future vesting).

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely filing).
• Vested (converted) RSUs: 15,205 shares total (9,723 + 5,482).
• Tax-withheld shares sold/forfeited: 7,738 shares at $48.25 each = $373,359 cash to cover taxes.
• Net new shares delivered to Willhite: 7,467 shares.
• New award: 10,317 RSUs granted on March 25, 2026; vest ratably (Mar 10, 2027/2028/2029 per footnote).
• Footnotes: RSUs convert 1-for-1 into common stock; withholding was to satisfy tax obligations; earlier grants and vest schedules noted (grants made Mar 25, 2024 and Mar 25, 2025).
• Transaction codes: M = conversion/exercise of derivative (RSU → shares); F = shares withheld for tax withholding; A = grant/award.
• Shares owned after the transaction were not specified in the provided excerpt.

Context
This filing documents routine RSU vesting and company tax withholding (a common administrative action), not an open-market sale or a discretionary purchase. The withholding is effectively a cashless way to cover taxes on vested awards; the filing shows no separate open-market sale initiated by the insider. Purchases generally signal stronger insider conviction; this report primarily reflects compensation vesting and a new RSU grant.