Mark E. Foster, who serves as Executive Vice President, General Counsel and Secretary of American Healthcare REIT, Inc. (NASDAQ:AHR), completed multiple transactions in the company's common stock on March 25, 2026.
Under a Rule 10b5-1 trading plan that Foster adopted on December 19, 2025, he sold 2,000 shares of AHR common stock at $48.55 per share. The transaction produced proceeds of $97,100.
Also on March 25, Foster disposed of 5,652 shares at $48.25 per share to satisfy tax obligations tied to equity compensation, resulting in gross proceeds of $272,709. In conjunction with these moves, Foster received shares from equity awards: 11,108 shares were issued to him upon the conversion of restricted stock units, and he was granted an additional 6,510 restricted stock units, each of which is convertible into one share of American Healthcare REIT common stock.
Separately, the company released its fourth quarter 2025 financial results, reporting earnings per share of $0.06 and revenue of $604.08 million, figures the company said exceeded analysts' expectations. Alongside the quarterly report, American Healthcare REIT announced an at-the-market equity offering sales agreement that permits the sale of up to $1.75 billion of common stock.
The at-the-market agreement names several financial institutions as agents and forward purchasers, including BofA Securities and Morgan Stanley & Co., among others. The arrangement provides the company with the flexibility to sell shares into the market over time, subject to market conditions and the terms of the agreement.
Analyst reaction to the quarter and corporate actions included several target adjustments. Truist Securities raised its price target to $57.00 while maintaining a Buy rating. Scotiabank increased its target to $59, citing strong performance in specified segments of the business. Citizens reiterated a Market Outperform rating with a $60.00 price target and observed that the company's funds from operations per share aligned with expectations.
Taken together, the executive-level stock movements, the conversion and issuance of restricted stock units, the stronger-than-expected fourth-quarter results and the new at-the-market equity facility mark a notable period of activity for American Healthcare REIT.
Readers should note the reported transactions, corporate results and financing capacity presented in this article reflect the information released by the company and the broker notes cited above.