Carroll James A 4
4 · AH Realty Trust, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
AH Realty (AHRT) Director James A. Carroll Receives 855-Unit Award
What Happened James A. Carroll, a director of AH Realty Trust, Inc. (AHRT), was issued 855 Time‑Based LTIP Units on March 16, 2026. The award is reported at an acquisition price of $6.03 per unit, totaling $5,154. This was an award/compensation issuance (not an open‑market purchase or sale) — the units were issued in lieu of a portion of his cash retainer.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-18 (Form 4 covering the Mar 16 grant).
- Units granted: 855 Time‑Based LTIP Units; reported price/value: $6.03 per unit; total value $5,154.
- Nature of award: Time‑Based LTIP Units in AH Realty Trust, LP granted as compensation (Footnote F1/F2).
- Conversion/redemption: Time‑Based LTIP Units can be converted to Common Units at the holder’s option after vesting; conversion to Common Units generally cannot occur until two years after grant except in a Change of Control (F2). Each Common Unit is redeemable for cash equal to one share of common stock (or, at the company’s election, one share) and Common Units have no expiration; all Common Units may be tendered for redemption (F3/F4).
- Shares owned after transaction: not specified in the provided excerpt.
- Filing timeliness: Form 4 filed two days after the transaction date (no late‑filing indicator provided).
Context This transaction is a compensation grant (award) rather than a purchase or sale on the open market. Time‑Based LTIP Units are long‑term incentive units with conversion and redemption features; they are not immediately tradable common stock and have conversion restrictions (two‑year conversion wait except for a change of control). Compensation awards like this reflect company pay practices rather than direct insider buying/selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-16$6.03/sh+855$5,154→ 42,918 total
- 12,919
Time-Based LTIP Units
[F2][F3]→ Common Stock (12,919 underlying) - 4,645
Common Units
[F3][F4]→ Common Stock (4,645 underlying)
Footnotes (4)
- [F1]These shares were issued to the director in lieu of a portion of his cash retainer.
- [F2]Represents Time-Based LTIP Units ("Time-Based LTIP Units") in AH Realty Trust, LP (the "Operating Partnership"), the operating partnership of AH Realty Trust, Inc. (the "Company"), and of which the Company is the general partner. Under the agreement of limited partnership of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into common units of limited partnership interest in the Operating Partnership ("Common Units"), at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date.
- [F3]Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.
- [F4]Represents Common Units. All Common Units reflected in this report may be tendered for redemption by the holder.