Healthcare Realty Trust Inc. Elects New Directors, Updates Executive Pay
Ticker: HR · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1360604
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: HRT
TL;DR
HRT adds 2 directors, updates exec pay – watch proxy for details.
AI Summary
On March 4, 2024, Healthcare Realty Trust Inc. announced changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Todd W. Scholl and David M. Stack, Jr., to its Board, effective immediately. Additionally, the company entered into new employment agreements with its named executive officers, including its CEO, President, and CFO, which will be detailed in the company's proxy statement.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive compensation updates, which are standard for public companies and do not indicate immediate financial distress or significant operational shifts.
Key Players & Entities
- Healthcare Realty Trust Inc. (company) — Registrant
- Todd W. Scholl (person) — Newly elected director
- David M. Stack, Jr. (person) — Newly elected director
- March 4, 2024 (date) — Date of report and earliest event
FAQ
Who are the newly elected directors to the Healthcare Realty Trust Inc. Board?
Todd W. Scholl and David M. Stack, Jr. were elected as new directors to the Board, effective March 4, 2024.
What is the effective date of the new director appointments?
The election of Todd W. Scholl and David M. Stack, Jr. to the Board was effective March 4, 2024.
What other significant event was reported on March 4, 2024, by Healthcare Realty Trust Inc.?
The company also reported entering into new employment agreements with its named executive officers.
Where will further details on the executive compensation arrangements be found?
Further details regarding the new employment agreements and compensatory arrangements for certain officers will be provided in the company's definitive proxy statement.
What is the company's Standard Industrial Classification (SIC) code?
The SIC code for Healthcare Realty Trust Inc. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 803 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-03-04 16:17:50
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value per share HR New York Stock E
Filing Documents
- hta-20240304.htm (8-K) — 35KB
- pressreleaseboardnominees3.htm (EX-99.1) — 9KB
- image_0.jpg (GRAPHIC) — 124KB
- 0001360604-24-000029.txt ( ) — 335KB
- hta-20240304.xsd (EX-101.SCH) — 2KB
- hta-20240304_lab.xml (EX-101.LAB) — 24KB
- hta-20240304_pre.xml (EX-101.PRE) — 12KB
- hta-20240304_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. In its March 4, 2024 press release, the Company also announced the nomination of 11 of its current 13 directors to stand for election to its Board of Directors at the Company's annual meeting of stockholders to be held on May 21, 2024. The Board has also fixed its size at 11 directors pursuant to the authority granted under the Company's bylaws. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety. Additional Information and Where to Find It Healthcare Realty, its directors and certain of its executive officers may be deemed to be participants in the solicitation of proxies from stockholders in connection with the matters to be considered at Healthcare Realty's 2024 annual meeting of stockholders. Healthcare Realty intends to file a proxy statement with the U.S. Securities and Exchange Commission (the "SEC") in connection with such solicitation of proxies from stockholders. STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT WHEN IT BECOMES AVAILABLE AS IT WILL CONTAIN IMPORTANT INFORMATION. Information regarding ownership of Healthcare Realty stock and other securities by Healthcare Realty directors and executive officers is included in their SEC filings on Forms 3, 4 and 5, which can be found through Healthcare Realty's website (www.healthcarerealty.com) in the section "Investor Relations" or through the SEC's website at www.sec.gov. Additional information about Healthcare Realty's directors and executive officers and their interests is set forth in Healthcare Realty's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed with the SEC on February 16, 2024, and Healthcare Realty's proxy statement for its 2024 annual meeting of stockholders, to be filed with the SEC, and in Healthcare Realty's other SEC filings, which can be found through Healthcare Realty's website (www.healthcarerealty.com) in
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated March 4, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Healthcare Realty Trust Incorporated Date: March 4, 2024 By: /s/ J. Christopher Douglas Name: J. Christopher Douglas Title: Executive Vice President - Chief Financial Officer