DOC

SEC source: 0001963756-25-000003 · wk-form4_1764711501.xml · nonDerivative · entry 2

Patadia Ankit B. · CIK 0001963756 · EVP and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,689

F2 · shares: This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

SEC source: 0001963756-25-000003 · wk-form4_1764711501.xml · nonDerivative · entry 1

Patadia Ankit B. · CIK 0001963756 · EVP and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,804

F1 · shares: These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP").

SEC source: 0001950684-25-000003 · wk-form4_1764711385.xml · nonDerivative · entry 2

Mabry Adam G · CIK 0001950684 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,515

F2 · shares: This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

SEC source: 0001950684-25-000003 · wk-form4_1764711385.xml · nonDerivative · entry 1

Mabry Adam G · CIK 0001950684 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,573

F1 · shares: These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP").

SEC source: 0002054541-25-000004 · wk-form4_1764711335.xml · nonDerivative · entry 2

Moses Kelvin O · CIK 0002054541 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 755

F2 · shares: This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

SEC source: 0002054541-25-000004 · wk-form4_1764711335.xml · nonDerivative · entry 1

Moses Kelvin O · CIK 0002054541 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 810

F1 · shares: These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP").

SEC source: 0001540329-25-000003 · wk-form4_1764711206.xml · nonDerivative · entry 2

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,455

F2 · shares: This forfeiture of shares to satisfy applicable tax withholding obligations does not constitute a sale transaction. Pursuant to the ESPP, shares are required to be forfeited to satisfy applicable tax withholding obligations in connection with the acquisition of shares under the ESPP.

SEC source: 0001540329-25-000003 · wk-form4_1764711206.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,595

F1 · shares: These shares were purchased via the Issuer's Employee Stock Purchase Plan ("ESPP").

SEC source: 0000765880-25-000008 · wk-form4_1754507358.xml · nonDerivative · entry 1

Thomas John T · CIK 0001454164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 810,016

SEC source: 0001628280-25-037329 · wk-form4_1754320599.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 211,906

SEC source: 0001628280-25-036944 · wk-form4_1753984760.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 210,416

SEC source: 0001628280-25-036352 · wk-form4_1753804954.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 207,486

SEC source: 0001628280-25-036781 · wk-form4_1753917911.xml · nonDerivative · entry 1

Thomas John T · CIK 0001454164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 808,566

F1 · ownership.direct: Report no longer includes indirect ownership of shares held by reporting person's adult children (previously reported as Child 1, Child 2, Child 3, Child 4, Child 5 and Child 6). These adult children are no longer part of reporting person's household.

SEC source: 0001628280-25-029658 · wk-form4_1749154527.xml · derivative · entry 2

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Indirect · Spouse's Trust

Disclosed balance after: 64,095

Underlying: Common Stock · 64,095 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: The OP Units reflected in this report were previously reported as LTIP Units directly held by the reporting person and were transferred to a revocable trust of the reporting person's spouse.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-029658 · wk-form4_1749154527.xml · derivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 306,353

Underlying: Common Stock · 64,095 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · shares: The OP Units reflected in this report were previously reported as LTIP Units directly held by the reporting person and were transferred to a revocable trust of the reporting person's spouse.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: The OP Units reflected in this report were previously reported as LTIP Units directly held by the reporting person and were transferred to a revocable trust of the reporting person's spouse.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as "LTIP Units" intended to qualify as profits interests for U.S. federal income tax purposes, and upon achieving equivalent capital account balance per unit and applicable vesting conditions, the LTIP Units were converted at the election of the reporting person into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units reflected in this report are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-028115 · wk-form4_1748452515.xml · nonDerivative · entry 1

Thompson Tommy G · CIK 0001324863 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 144,290

SEC source: 0001628280-25-024514 · wk-form4_1747065688.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 204,613

SEC source: 0001628280-25-024517 · wk-form4_1747065718.xml · nonDerivative · entry 1

Thompson Tommy G · CIK 0001324863 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 138,513

SEC source: 0001628280-25-020760 · wk-form4_1745960803.xml · nonDerivative · entry 2

Lias-Booker Ava · CIK 0001914273 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,561

SEC source: 0001628280-25-020390 · wk-form4_1745877266.xml · nonDerivative · entry 1

Sandstrom Katherine M · CIK 0001748663 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 56,268

SEC source: 0001628280-25-020387 · wk-form4_1745877140.xml · nonDerivative · entry 1

Lewis Sara Grootwassink · CIK 0001165970 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · IRA

Disclosed balance after: 9,000

SEC source: 0001628280-25-020391 · wk-form4_1745877357.xml · nonDerivative · entry 1

Thomas John T · CIK 0001454164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 813,566

SEC source: 0001628280-25-020384 · wk-form4_1745877070.xml · nonDerivative · entry 2

SHELLEY-KESSLER PAMELA · CIK 0001198423 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse IRA

Disclosed balance after: 3,965

SEC source: 0001628280-25-020384 · wk-form4_1745877070.xml · nonDerivative · entry 1

SHELLEY-KESSLER PAMELA · CIK 0001198423 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By IRA

Disclosed balance after: 1,620

SEC source: 0001628280-25-020381 · wk-form4_1745876960.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 201,863

SEC source: 0001628280-25-020764 · wk-form4_1745960942.xml · nonDerivative · entry 1

Weiss Richard A. · CIK 0001580493 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,725

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020763 · wk-form4_1745960905.xml · nonDerivative · entry 1

Thompson Tommy G · CIK 0001324863 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 132,813

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020762 · wk-form4_1745960869.xml · nonDerivative · entry 1

SHELLEY-KESSLER PAMELA · CIK 0001198423 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,307

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020761 · wk-form4_1745960833.xml · nonDerivative · entry 1

Sandstrom Katherine M · CIK 0001748663 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,925

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020758 · wk-form4_1745960762.xml · nonDerivative · entry 1

Lewis Sara Grootwassink · CIK 0001165970 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,744

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020760 · wk-form4_1745960803.xml · nonDerivative · entry 1

Lias-Booker Ava · CIK 0001914273 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,561

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020757 · wk-form4_1745960712.xml · nonDerivative · entry 1

Griffin R Kent Jr · CIK 0001356944 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,451

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020756 · wk-form4_1745960667.xml · nonDerivative · entry 1

Connor James B. · CIK 0001507648 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,425

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-020754 · wk-form4_1745960620.xml · nonDerivative · entry 1

Cartwright Brian G. · CIK 0001580807 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,746

F1 · shares: Restricted stock units vest in full on the earlier of the first anniversary of the April 25, 2025 grant date or the Company's next annual meeting of stockholders.

SEC source: 0001628280-25-016968 · wk-form4_1744061074.xml · nonDerivative · entry 1

Thomas John T · CIK 0001454164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 809,366

F1 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on April 3, 2024.

SEC source: 0001628280-25-006041 · wk-form4_1739913374.xml · nonDerivative · entry 2

Alonso Lisa A · CIK 0001792329 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,884

F2 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 16, 2024.

SEC source: 0001628280-25-006041 · wk-form4_1739913374.xml · nonDerivative · entry 1

Alonso Lisa A · CIK 0001792329 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,694

F1 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 15, 2023.

SEC source: 0001628280-25-005132 · wk-form4_1739395029.xml · nonDerivative · entry 1

Brinker Scott M · CIK 0001540329 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 190,526

F1 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 10, 2022.

SEC source: 0001628280-25-005128 · wk-form4_1739394918.xml · nonDerivative · entry 1

Alonso Lisa A · CIK 0001792329 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,194

F1 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 10, 2022.

SEC source: 0001628280-25-004649 · wk-form4_1739222138.xml · nonDerivative · entry 1

Thomas John T · CIK 0001454164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 816,084

F1 · shares: Restricted stock units vest in full on the anniversary of the February 7, 2025 grant date.

SEC source: 0001628280-25-003496 · wk-form4_1738619525.xml · nonDerivative · entry 3

Alonso Lisa A · CIK 0001792329 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,594

F4 · shares: This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 10, 2022.

SEC source: 0001628280-25-003516 · wk-form4_1738620240.xml · derivative · entry 2

Scott Peter A · CIK 0001696889 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,780

Underlying: Common Stock · 54,780 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F3 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003516 · wk-form4_1738620240.xml · derivative · entry 1

Scott Peter A · CIK 0001696889 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,313

Underlying: Common Stock · 28,313 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 10, 2022 as performance-based restricted stock units (which award was cancelled and replaced with LTIP Units on February 15, 2023), plus an additional number of accrued but unpaid dividend equivalent LTIP Units on the earned performance-based LTIP Units. The performance conditions applicable to the performance-based LTIP Units and corresponding dividend equivalent LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 30, 2025 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003513 · wk-form4_1738620058.xml · derivative · entry 2

Miller Jeffrey H · CIK 0001292027 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,651

Underlying: Common Stock · 18,651 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F3 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003513 · wk-form4_1738620058.xml · derivative · entry 1

Miller Jeffrey H · CIK 0001292027 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,709

Underlying: Common Stock · 6,709 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 10, 2022 as performance-based restricted stock units (which award was cancelled and replaced with LTIP Units on February 15, 2023), plus an additional number of accrued but unpaid dividend equivalent LTIP Units on the earned performance-based LTIP Units. The performance conditions applicable to the performance-based LTIP Units and corresponding dividend equivalent LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 30, 2025 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003514 · wk-form4_1738620131.xml · derivative · entry 1

Patadia Ankit B. · CIK 0001963756 · EVP and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,491

Underlying: Common Stock · 10,491 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Issuer's Compensation and Human Capital Committee on January 30, 2025, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003512 · wk-form4_1738619883.xml · derivative · entry 1

Mabry Adam G · CIK 0001950684 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,982

Underlying: Common Stock · 20,982 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Issuer's Compensation and Human Capital Committee on January 30, 2025, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003511 · wk-form4_1738619833.xml · derivative · entry 2

Klaritch Thomas · CIK 0001432625 · COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,794

Underlying: Common Stock · 40,794 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F3 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003511 · wk-form4_1738619833.xml · derivative · entry 1

Klaritch Thomas · CIK 0001432625 · COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,353

Underlying: Common Stock · 22,353 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F2 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 10, 2022 as performance-based restricted stock units (which award was cancelled and replaced with LTIP Units on February 15, 2023), plus an additional number of accrued but unpaid dividend equivalent LTIP Units on the earned performance-based LTIP Units. The performance conditions applicable to the performance-based LTIP Units and corresponding dividend equivalent LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 30, 2025 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

SEC source: 0001628280-25-003509 · wk-form4_1738619737.xml · derivative · entry 2

Johnston Shawn G · CIK 0001585224 · EVP and CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,658

Underlying: Common Stock · 11,658 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · price: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F1 · derivative.exercise_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

F3 · derivative.exercise_date: Represents earned performance-based LTIP Units previously granted to the reporting person on February 16, 2024. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.

F1 · derivative.expiration_date: Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.