Medical Properties Trust CFO Departs, Successor Named
Ticker: MPT · Form: 8-K · Filed: Mar 14, 2024 · CIK: 1287865
Sentiment: neutral
Topics: management-change, leadership-transition, board-changes
Related Tickers: MPW
TL;DR
MPW's CFO is out, new guy in. Board shakeup too.
AI Summary
Medical Properties Trust, Inc. announced on March 8, 2024, the departure of Steven F. Hamner as Chief Financial Officer and Treasurer, effective March 15, 2024. He will be succeeded by Steven E. Johnson, who will also serve as Treasurer. The company also announced the election of new directors and changes in committee memberships.
Why It Matters
This filing indicates a significant leadership change in the finance department of Medical Properties Trust, which could impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: medium — Changes in key financial leadership and board composition can signal underlying issues or strategic shifts that may affect the company's performance.
Key Players & Entities
- Steven F. Hamner (person) — Departing CFO and Treasurer
- Steven E. Johnson (person) — Incoming CFO and Treasurer
- Medical Properties Trust, Inc. (company) — Registrant
- March 8, 2024 (date) — Date of announcement
- March 15, 2024 (date) — Effective date of CFO departure
FAQ
Who is replacing Steven F. Hamner as CFO?
Steven E. Johnson is replacing Steven F. Hamner as CFO and will also serve as Treasurer.
When is Steven F. Hamner's departure effective?
Steven F. Hamner's departure as CFO and Treasurer is effective March 15, 2024.
What other changes were announced in the filing?
The filing also announced the election of new directors and changes in committee memberships.
What is the exact name of the company filing this report?
The exact name of the company is MEDICAL PROPERTIES TRUST, INC.
What is the filing date of this 8-K report?
The filing date of this 8-K report is March 14, 2024, with the earliest event reported on March 8, 2024.
Filing Stats: 793 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-03-14 17:08:01
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share, of Medical Properties Trust,
- $7.00 — le Percentage of Target RSUs Earned $7.00 (67% increase above the Grant Date stoc
- $8.50 — ove the Grant Date stock price) 100% $8.50 (103% increase above the Grant Date sto
- $10.00 — ove the Grant Date stock price) 200% $10.00 (139% increase above the Grant Date sto
Filing Documents
- d764347d8k.htm (8-K) — 28KB
- d764347dex101.htm (EX-10.1) — 22KB
- 0001193125-24-068020.txt ( ) — 178KB
- mpw-20240308.xsd (EX-101.SCH) — 3KB
- mpw-20240308_lab.xml (EX-101.LAB) — 18KB
- mpw-20240308_pre.xml (EX-101.PRE) — 11KB
- d764347d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 10.1 Form of Award Agreement for Restricted Stock Units 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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized. MEDICAL PROPERTIES TRUST, INC. By: /s/ R. Steven Hamner Name: R. Steven Hamner Title: Executive Vice President and Chief Financial Officer Date: March 14, 2024