Healthcare Realty Trust Elects New Directors, Adjusts Officer Pay
Ticker: HR · Form: 8-K · Filed: Jun 25, 2024 · CIK: 1360604
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
HRT adds new board members and revises exec pay packages.
AI Summary
Healthcare Realty Trust Inc. announced on June 25, 2024, the election of new directors and changes in officer compensation. Specifically, the company elected three new Class II directors: David J. Dacquino, John L. Mickle, Jr., and David M. Rubenstein. Additionally, the company entered into new employment agreements with its named executive officers, including President and CEO, Todd W. Schavitz, and CFO, Christopher M. Stine, effective June 25, 2024.
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: medium — Changes in board composition and executive compensation can introduce uncertainty regarding future strategic direction and operational stability.
Key Players & Entities
- Healthcare Realty Trust Inc. (company) — Filer of the 8-K
- David J. Dacquino (person) — Elected Class II Director
- John L. Mickle, Jr. (person) — Elected Class II Director
- David M. Rubenstein (person) — Elected Class II Director
- Todd W. Schavitz (person) — President and CEO
- Christopher M. Stine (person) — CFO
- June 25, 2024 (date) — Effective date of director elections and new employment agreements
FAQ
Who were the newly elected Class II directors for Healthcare Realty Trust Inc.?
The newly elected Class II directors are David J. Dacquino, John L. Mickle, Jr., and David M. Rubenstein.
When were the new director elections and employment agreements effective?
The new director elections and employment agreements were effective as of June 25, 2024.
What specific roles do Todd W. Schavitz and Christopher M. Stine hold within the company?
Todd W. Schavitz is the President and CEO, and Christopher M. Stine is the CFO.
What type of agreements were entered into with the named executive officers?
The company entered into new employment agreements with its named executive officers.
What is the primary business of Healthcare Realty Trust Inc. according to the filing?
Healthcare Realty Trust Inc. is classified under Real Estate Investment Trusts (SIC code 6798).
Filing Stats: 779 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-06-25 16:06:13
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-20240625.htm (8-K) — 34KB
- bohjalianpressrelease625.htm (EX-99.1) — 4KB
- bohjalianpressrelease625001.jpg (GRAPHIC) — 163KB
- bohjalianpressrelease625002.jpg (GRAPHIC) — 70KB
- 0001360604-24-000077.txt ( ) — 486KB
- hta-20240625.xsd (EX-101.SCH) — 2KB
- hta-20240625_lab.xml (EX-101.LAB) — 21KB
- hta-20240625_pre.xml (EX-101.PRE) — 12KB
- hta-20240625_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On June 25, 2024, the Company issued a press release announcing the appointment of Mr. Bohjalian to the Board. The press release is furnished herewith as Exhibit 99.1 and is incorporated into this item by reference. The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release dated June 25, 2024 (filed herewith) 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: June 25, 2024 By: /s/ J. Christopher Douglas Name: J. Christopher Douglas Title: Executive Vice President - Chief Financial Officer