Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-02

Healthpeak Properties, INC. (DOC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$10,072,994
Scott Brinker total, FY2025
21st
CEO pay percentile vs peers
88:1
CEO-to-median pay ratio
89.24%
Say-on-pay support, latest vote
Companies that benchmark against DOC
22 companies name DOC as a compensation peer

Each company listed discloses DOC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named DOC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

See DOC's full peer web, pay-for-performance alignment, and every company benchmarked the same way — start a 3-day trial (no card required)
Or buy the full DOC Executive Compensation Report ($1,500)
01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Brinker$825,000$0$7,208,688$0$1,986,156$0$53,150$10,072,994
President and Chief Executive Officer
Kelvin Moses518,56102,256,3790823,605032,4863,631,031
Chief Financial Officer
Thomas Klaritch450,0001,038,4761,269,205000185,5422,943,223
Former Chief Operating Officer
Adam Mabry550,00001,496,7880823,605035,2502,905,643
Chief Investment Officer
Scott Bohn550,00001,336,7820685,897030,0002,602,679
Chief Development Officer and Head of Lab
Peter Scott174,81102,243,81000023,1122,441,733
Former Chief Financial Officer
Tracy Porter425,00001,203,8010534,261038,7502,201,812
Executive Vice President and General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Scott Brinker$10,072,994$8,465,882$7,692,510+1,607,112
Kelvin Moses3,631,031———
Thomas Klaritch2,943,2233,837,7823,493,431−894,559
Adam Mabry2,905,6432,252,5742,049,613+653,069
Scott Bohn2,602,6792,373,6122,140,348+229,067
Peter Scott2,441,7334,655,5564,221,183−2,213,823
Tracy Porter2,201,812———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Sara G. LewisDirector2026-05-06A9,744$0$0CommonForm 4 ↗
Richard A. WeissDirector2026-05-06A9,74400CommonForm 4 ↗
Katherine M. SandstromDirector2026-05-06A9,74400CommonForm 4 ↗
James B. ConnorDirector2026-05-06A9,74400CommonForm 4 ↗
Brian G. CartwrightDirector2026-05-06A9,74400CommonForm 4 ↗
R. Kent Griffin, JrDirector2026-05-06A9,74400CommonForm 4 ↗
Ava E. Lias-BookerDirector2026-05-06A9,74400CommonForm 4 ↗
Scott BohnCDO and Head of Lab2026-05-12D10,98919213,740CommonForm 4 ↗
Scott M. BrinkerDirector2026-05-14D60,18600Derivative, Class A CommonForm 4 ↗
Scott M. BrinkerDirector2026-05-14A60,18600Derivative, Class A CommonForm 4 ↗
Ankit B. PatadiaEVP and Treasurer2026-05-29D94191,800CommonForm 4 ↗
Kelvin MosesChief Financial Officer2026-05-29D65191,245CommonForm 4 ↗
Scott M. BrinkerDirector2026-05-29D114192,183CommonForm 4 ↗
Adam MabryCIO2026-05-29D4319823CommonForm 4 ↗
Shawn G. JohnstonEVP and CAO2026-05-29D76191,455CommonForm 4 ↗
Scott M. BrinkerDirector2026-05-29A1,3471520,827CommonForm 4 ↗
Adam MabryCIO2026-05-29A625159,663CommonForm 4 ↗
John T. ThomasDirector2026-05-29A1,3851521,414CommonForm 4 ↗
John T. ThomasDirector2026-05-29D78191,494CommonForm 4 ↗
Ankit B. PatadiaEVP and Treasurer2026-05-29A1,3581520,997CommonForm 4 ↗
Kelvin MosesChief Financial Officer2026-05-29A9371514,487CommonForm 4 ↗
Shawn G. JohnstonEVP and CAO2026-05-29A1,3581520,997CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Thomas KlaritchPSU2025-02-1120,08040,159—80,318$781,096
Scott BrinkerPSU2025-02-07114,049228,098—456,1964,436,506
Tracy PorterRSU2025-02-07——9,567—174,406
Scott BrinkerRSU2025-02-07——152,067—2,772,181
Kelvin MosesRSU2025-03-03——36,765—670,226
Adam MabryPSU2025-02-0721,14942,298—84,596822,696
Kelvin MosesPSU2025-05-0116,03032,059—64,118623,551
Kelvin MosesPSU2025-02-079,06418,128—36,256352,590
Thomas KlaritchRSU2025-02-11——26,775—488,108
Kelvin MosesRSU2025-02-07——12,087—220,346
Tracy PorterRSU2025-03-03——36,765—670,226
Peter ScottRSU2025-02-07——47,334—862,899
Adam MabryRSU2025-02-07——28,200—514,086
Adam MabryRSU2025-05-01——3,375—61,526
Adam MabryPSU2025-05-012,5325,063—10,12698,479
Scott BohnRSU2025-02-07——28,200—514,086
Scott BohnPSU2025-02-0721,14942,298—84,596822,696
Tracy PorterPSU2025-05-011,2662,532—5,06449,247
Tracy PorterPSU2025-02-077,17614,351—28,702279,131
Tracy PorterRSU2025-05-01——1,689—30,790
Kelvin MosesRSU2025-05-01——21,375—389,666
Peter ScottPSU2025-02-0735,49970,998—141,9961,380,911
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Thomas Klaritch$488,108$781,096$061.5%
Scott Brinker2,772,1814,436,506061.5%
Tracy Porter875,422328,378027.3%
Kelvin Moses1,280,238976,141043.3%
Adam Mabry575,612921,175061.5%
Peter Scott862,8991,380,911061.5%
Scott Bohn514,086822,696061.5%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott BrinkerPSU228,098——
Kelvin MosesPSU32,059——
Kelvin MosesPSU36,765—591,181
Scott BrinkerPSU152,067—2,445,237
Tracy PorterPSU13,310—214,025
Kelvin MosesPSU2,978—47,886
Scott BohnPSU28,200—453,456
Scott BohnPSU2,396——
Tracy PorterPSU2,532——
Tracy PorterPSU14,351——
Scott BohnPSU28,200—453,456
Tracy PorterPSU13,310—214,025
Tracy PorterPSU2,494—40,104
Scott BrinkerPSU30,199—485,600
Kelvin MosesPSU21,375—343,710
Scott BohnPSU5,119—82,314
Tracy PorterPSU4,245—68,260
Scott BrinkerPSU206,295——
Thomas KlaritchPSU40,159——
Adam MabryPSU31,470—506,038
Scott BrinkerPSU152,067—2,445,237
Scott BohnPSU42,298——
Scott BohnPSU42,298—680,152
Adam MabryPSU28,200—453,456
Thomas KlaritchPSU61,191——
Tracy PorterPSU2,494—40,104
Thomas KlaritchPSU4,193—67,426
Adam MabryPSU42,298——
Tracy PorterPSU36,765—591,181
Adam MabryPSU28,200—453,456
Scott BrinkerPSU206,295—3,317,224
Kelvin MosesPSU36,765—591,181
Kelvin MosesPSU18,128—291,498
Kelvin MosesPSU9,338—150,155
Adam MabryPSU5,063—81,413
Scott BrinkerPSU14,133—227,258
Scott BohnPSU2,396—38,520
Thomas KlaritchPSU61,191—983,951
Scott BrinkerPSU91,688—1,474,343
Adam MabryPSU13,988—224,927
Adam MabryPSU2,156—34,667
Scott BohnPSU13,143—211,339
Scott BrinkerPSU228,098—3,667,816
Adam MabryPSU4,607—74,081
Scott BohnPSU15,542—249,915
Tracy PorterPSU4,245—68,260
Adam MabryPSU3,375—54,270
Kelvin MosesPSU32,059—515,509
Tracy PorterPSU36,765—591,181
Scott BohnPSU34,967—562,269
Adam MabryPSU42,298—680,152
Adam MabryPSU19,566—314,621
Scott BrinkerPSU30,199—485,600
Kelvin MosesPSU2,978—47,886
Tracy PorterPSU2,532—40,715
Kelvin MosesPSU21,375—343,710
Tracy PorterPSU14,351—230,764
Scott BohnPSU5,119—82,314
Tracy PorterPSU9,567—153,837
Thomas KlaritchPSU26,775—430,542
Thomas KlaritchPSU40,159—645,757
Scott BrinkerPSU14,133——
Kelvin MosesPSU18,128——
Adam MabryPSU5,063——
Adam MabryPSU31,470——
Adam MabryPSU2,156——
Scott BohnPSU34,967——
Thomas KlaritchPSU4,193——
Scott BrinkerPSU91,688—1,474,343
Thomas KlaritchPSU26,775—430,542
Adam MabryPSU19,566—314,621
Scott BohnPSU15,542—249,915
Adam MabryPSU13,988—224,927
Scott BohnPSU13,143—211,339
Kelvin MosesPSU12,087—194,359
Tracy PorterPSU9,567—153,837
Kelvin MosesPSU9,338—150,155
Adam MabryPSU4,607—74,081
Adam MabryPSU3,375—54,270
Tracy PorterPSU1,689—27,159
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program rewards successful annual performance and encourages long-term value creation for our stockholders. NEO short- and long-term incentive compensation is subject to rigorous, objective, at-risk performance hurdles across multiple metrics and performance periods

CEO STI target (% of salary)190%
CEO LTI target (% of salary)—
Independent consultantFerguson Partners Consulting
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-30522,635,66463,010,8651,564,46489.24%Passed
20252025-04-24548,245,66740,110,6501,127,06193.18%Passed
20242024-04-25548,270,77638,235,408873,57293.48%Passed
20232023-04-27420,443,63635,511,5101,937,18492.21%Passed
20222022-04-28420,740,03534,578,608552,09692.41%Passed
20212021-04-28411,018,30753,584,864911,45088.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-3089.24%a
20252025-04-2493.18%b
20242024-04-2593.48%c

a. Approved under the standard stated in the filing — “Item ​ ​ ​ Description ​ ​ ​ Number ​ ​ ​ Recommendation ​ ​ ​ for Approval ​ ​ ​ of Abstentions ​ ​ ​ Non-Votes 1 Proposal to elect the nine director nominees 11 FOR Majority of votes cast No effect No effect 2 Proposal to approve, on an advisory basis, the compensation of our named executive officers 38 FOR Majority of votes cast No effect No effect 3 Proposal to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026 78 FOR Majority of votes cast No effect None expected ​ Abstentions will be counted as present and entitled to vote for purposes of determi ealth and wellness.”.

b. Approved under the standard stated in the filing — “Page Number Board Recommendation Vote Requirement for Approval Effect of Abstentions Effect of Broker Non-Votes 1 Proposal to elect the eleven director nominees 12 FOR Majority of votes cast No effect No effect 2 Proposal to approve, on an advisory basis, the compensation of our named executive officers 42 FOR Majority of votes cast No effect No effect 3 Proposal to approve the Healthpeak Properties, Inc.”.

c. Approved under the standard stated in the filing — “GE NUMBER BOARD RECOMMENDATION VOTE REQUIREMENT FOR APPROVAL EFFECT OF ABSTENTIONS EFFECT OF BROKER NON-VOTES 01 Proposal to elect the eleven director nominees 12 FOR Majority of votes cast No effect No effect 02 Proposal to approve, on an advisory basis, the compensation of our named executive officers 41 FOR Majority of votes cast No effect No effect 03 Proposal to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024 76 FOR Majority of votes cast No effect None expected Abstentions will be counted as present and entitled to vote for purposes of determin ncorporation language in such filing.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)88 : 1
CEO total compensation$10,072,994
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John T. ThomasNot independent—$400,000$0$0$140,878$540,878
Katherine M. SandstromIndependent · Board Chair · Nominating and Corporate Governance (Chair)258,022190,000008,500456,522
R. Kent Griffin, JrIndependent · Audit (Chair) · Investment and Finance131,841190,00000—321,841
James B. ConnorIndependent · Audit · Compensation and Human Capital (Chair)123,407190,00000—313,407
Sara G. LewisIndependent · Compensation and Human Capital · Nominating and Corporate Governance120,045190,00000—310,045
Governor Tommy G. ThompsonIndependent · Investment and Finance (Chair)112,170190,00000—302,170
Brian G. CartwrightIndependent · Compensation and Human Capital · Nominating and Corporate Governance108,775190,00000—298,775
Pamela J. KesslerIndependent · Audit104,670190,00000—294,670
Ava E. Lias-BookerIndependent · Nominating and Corporate Governance97,690190,00000—287,690
Richard A. WeissIndependent · Investment and Finance96,841190,00000—286,841
Scott M. BrinkerEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$190,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 20,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,153,461
Equity awards (grant-date value)$2,110,000
All other compensation$149,378
Total cost of the board$3,412,839

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

HR Healthcare Realty Trust Inc.EQR Equity ResidentialBXP BXP, Inc.REG Regency Centers CorporationKIM Kimco Realty CorporationAVB AvalonBay Communities, Inc.OHI Omega Healthcare Investors, Inc.VTR Ventas, Inc.WELL Welltower Inc.UDR UDR, Inc.O Realty Income CorporationWPC W.P. Carey, Inc.HST Host Hotels & Resorts, Inc.ARE Alexandria Real Estate Equities, Inc.
10a

Peer reciprocity

Of the companies Healthpeak Properties, INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

✓ Healthcare Realty Trust Inc. (HR)85— Equity Residential (EQR)86— BXP, Inc. (BXP)87— Regency Centers Corporation (REG)88 Kimco Realty Corporation (KIM) AvalonBay Communities, Inc. (AVB)✓ Omega Healthcare Investors, Inc. (OHI)89✓ Ventas, Inc. (VTR)90✓ Welltower Inc. (WELL)91✓ UDR, Inc. (UDR)92— Realty Income Corporation (O)93✓ W.P. Carey, Inc. (WPC)94 Host Hotels & Resorts, Inc. (HST)✓ Alexandria Real Estate Equities, Inc. (ARE)95

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Healthpeak Properties, INC..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Welltower Inc.2025Shankh Mitra$1,300,000$813,178,818$0$6,500,000$821,090,355
2BXP, Inc.2025Owen Thomas950,00019,317,94302,758,90023,047,305
3Ventas, Inc.2025Debra Cafaro1,162,72012,015,05104,087,30317,501,073
4Realty Income Corporation2025Sumit Roy1,000,0009,149,49604,981,01216,251,931
5Host Hotels & Resorts, Inc.2025James Risoleo1,100,0009,569,88003,697,10014,835,223
6Omega Healthcare Investors, Inc.2025C. Taylor Pickett967,00011,248,49801,297,59314,020,475
7Healthcare Realty Trust Inc.2025Peter Scott534,09110,336,83101,984,50012,855,422
8Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
9Kimco Realty Corporation2025Conor Flynn1,000,0007,080,40103,398,40011,581,750
10Regency Centers Corporation2025Lisa Palmer1,050,0007,099,09802,925,00011,092,432
11W.P. Carey, Inc.2025Jason Fox1,000,0007,986,68601,770,00010,786,686
12Healthpeak Properties, INC.2025Scott Brinker825,0007,208,68801,986,15610,072,994
13UDR, Inc.2025Thomas Toomey900,0009,010,120009,933,438
14AvalonBay Communities, Inc.2025Benjamin Schall1,000,0006,319,735482,3651,815,5409,663,500
15Alexandria Real Estate Equities, Inc.2025Peter Moglia840,0006,106,50201,890,0008,844,053

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Healthpeak Properties, INC.127%PSU 60 · RSU 40Yes — 3-Year Relative TSR PerformanceFerguson Partners Consulting
Alexandria Real Estate Equities, Inc.not disclosedPSU 50 · RSU 50Yes — Absolute TSRFTI Consulting, Inc.
AvalonBay Communities, Inc.104.8%PSU 100NoFerguson Partners Consulting L.P.
BXP, Inc.117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Equity Residential114.45%PSU 100Yes — Performance of Company relative to weighted average TSR of companies in the FTSE Nareit Equity Apartments IndexFerguson Partners Consulting
Healthcare Realty Trust Inc.147%PSU 60 · RSU 40Yes — Relative TSR compared to the TSR peer groupFerguson Partners
Host Hotels & Resorts, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Kimco Realty Corporation189%PSU 67 · RSU 33Yes — Total Stockholder Return (TSR)Pay Governance LLC
Omega Healthcare Investors, Inc.149.0%PSU 60 · RSU 40Yes — Relative TSR vs. FTSE Nareit Equity Health Care IndexFerguson Partners Consulting L.P.
Realty Income Corporation199%PSU 75 · RSU 25Yes — TSR ranking relative to MSCI US REIT IndexFPC
Regency Centers Corporation150%PSU 80 · RSU 20NoSemler Brossy
UDR, Inc.not disclosedPSU 100Yes — Relative cumulative TSR versus apartment peersFPL Associates
Ventas, Inc.352%PSU 70 · RSU 30Yes — TSR Relative to the Nareit Health Care IndexSemler Brossy
W.P. Carey, Inc.118.0%PSU 60 · RSU 40Yes — TSR relative to the constituents of the MSCI US REIT IndexFrederic W. Cook & Co., Inc.
Welltower Inc.200%not disclosedYes — TSR vs FTSE NAREIT Equity Health Care IndexFPC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Healthpeak Properties, INC. in fiscal 2025?
The highest-paid executive at Healthpeak Properties, INC. in fiscal 2025 was Scott Brinker, President and Chief Executive Officer, with total compensation of $10,072,994.
How does Healthpeak Properties, INC.'s chief executive pay compare to its disclosed peer group?
As disclosed, the CEO-to-median employee pay ratio was 88:1.
What is Healthpeak Properties, INC.'s CEO-to-median employee pay ratio?
The CEO's pay was in the 21st percentile of the disclosed peer group.
How did shareholders vote on Healthpeak Properties, INC.'s executive compensation?
Shareholders voted 89.24% in support of the latest executive compensation proposal.
How much does Healthpeak Properties, INC. spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 as $3,412,839.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Scott BrinkerDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 10,072,994. Filing ↗machine: t197 · r7 · c18 · span 1414974–1414984
2Section 01, Kelvin MosesDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 3,631,031. Filing ↗machine: t197 · r10 · c18 · span 1431058–1431067
3Section 01, Thomas KlaritchDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 2,943,223. Filing ↗machine: t197 · r22 · c18 · span 1497352–1497361
4Section 01, Adam MabryDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 2,905,643. Filing ↗machine: t197 · r13 · c18 · span 1447887–1447896
5Section 01, Scott BohnDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 2,602,679. Filing ↗machine: t197 · r16 · c18 · span 1464491–1464500
6Section 01, Peter ScottDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 2,441,733. Filing ↗machine: t197 · r25 · c18 · span 1513971–1513980
7Section 01, Tracy PorterDEF 14A2026-03-120001104659-26-027086Section “Summary Compensation Table—2025” · page 60. As printed: 2,201,812. Filing ↗machine: t197 · r19 · c18 · span 1480570–1480579
8Section 03, Thomas Klaritch PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r53 · c16 · span 2218578–2218584
9Section 03, Scott Brinker PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r16 · c16 · span 2003072–2003079
10Section 03, Tracy Porter RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r47 · c12 · span 2182406–2182411
11Section 03, Scott Brinker RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r15 · c12 · span 1996094–1996101
12Section 03, Kelvin Moses RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r23 · c12 · span 2042668–2042674
13Section 03, Adam Mabry PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r31 · c16 · span 2090450–2090456
14Section 03, Kelvin Moses PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r22 · c16 · span 2038033–2038039
15Section 03, Kelvin Moses PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r25 · c16 · span 2055523–2055529
16Section 03, Thomas Klaritch RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r52 · c12 · span 2211556–2211562
17Section 03, Kelvin Moses RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r24 · c12 · span 2048488–2048494
18Section 03, Tracy Porter RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r46 · c12 · span 2176608–2176614
19Section 03, Peter Scott RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗
20Section 03, Adam Mabry RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r30 · c12 · span 2083470–2083476
21Section 03, Adam Mabry RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r28 · c12 · span 2071859–2071864
22Section 03, Adam Mabry PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r29 · c16 · span 2078837–2078842
23Section 03, Scott Bohn RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r37 · c12 · span 2124172–2124178
24Section 03, Scott Bohn PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r38 · c16 · span 2131215–2131221
25Section 03, Tracy Porter PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r45 · c16 · span 2171975–2171980
26Section 03, Tracy Porter PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r48 · c16 · span 2189404–2189410
27Section 03, Tracy Porter RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r44 · c12 · span 2164983–2164988
28Section 03, Kelvin Moses RSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t206 · r21 · c12 · span 2031053–2031059
29Section 03, Peter Scott PSUDEF 14A2026-03-120001104659-26-027086Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t199 · r12 · c2 · span 1575462–1575471
30Section 07, pay ratioDEF 14A2026-03-120001104659-26-027086Section “CEO Pay Ratio”. As printed: 88 : 1. Filing ↗machine: span 2415622–2415626
31Section 08, John T. ThomasDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 540,878. Filing ↗machine: t116 · r12 · c8 · span 866908–866915
32Section 08, Katherine M. SandstromDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 456,522. Filing ↗machine: t116 · r11 · c8 · span 864197–864204
33Section 08, R. Kent Griffin, JrDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 321,841. Filing ↗machine: t116 · r7 · c8 · span 853861–853868
34Section 08, James B. ConnorDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 313,407. Filing ↗machine: t116 · r6 · c8 · span 851312–851319
35Section 08, Sara G. LewisDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 310,045. Filing ↗machine: t116 · r9 · c8 · span 858949–858956
36Section 08, Governor Tommy G. ThompsonDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 302,170. Filing ↗machine: t116 · r13 · c8 · span 869463–869470
37Section 08, Brian G. CartwrightDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 298,775. Filing ↗machine: t116 · r5 · c8 · span 848767–848774
38Section 08, Pamela J. KesslerDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 294,670. Filing ↗machine: t116 · r8 · c8 · span 856407–856414
39Section 08, Ava E. Lias-BookerDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 287,690. Filing ↗machine: t116 · r10 · c8 · span 861495–861502
40Section 08, Richard A. WeissDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 286,841. Filing ↗machine: t116 · r14 · c8 · span 872025–872032
41Section 08, Scott M. BrinkerDEF 14A2026-03-120001104659-26-027086Section “Director Compensation”. As printed: 0. Filing ↗
42Section 02, Sara G. Lewis 2026-05-06Form 42026-05-070001165970-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Richard A. Weiss 2026-05-06Form 42026-05-070001580493-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Katherine M. Sandstrom 2026-05-06Form 42026-05-070001748663-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, James B. Connor 2026-05-06Form 42026-05-070001507648-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Brian G. Cartwright 2026-05-06Form 42026-05-070001580807-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, R. Kent Griffin, Jr 2026-05-06Form 42026-05-070001356944-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Ava E. Lias-Booker 2026-05-06Form 42026-05-070001914273-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Scott Bohn 2026-05-12Form 42026-05-130001908406-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Scott M. Brinker 2026-05-14Form 42026-05-180001540329-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Scott M. Brinker 2026-05-14Form 42026-05-180001540329-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Ankit B. Patadia 2026-05-29Form 42026-06-020001963756-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Kelvin Moses 2026-05-29Form 42026-06-020002054541-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Scott M. Brinker 2026-05-29Form 42026-06-020001540329-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Adam Mabry 2026-05-29Form 42026-06-020001950684-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Shawn G. Johnston 2026-05-29Form 42026-06-020001585224-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Scott M. Brinker 2026-05-29Form 42026-06-020001540329-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Adam Mabry 2026-05-29Form 42026-06-020001950684-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, John T. Thomas 2026-05-29Form 42026-06-020001454164-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, John T. Thomas 2026-05-29Form 42026-06-020001454164-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Ankit B. Patadia 2026-05-29Form 42026-06-020001963756-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Kelvin Moses 2026-05-29Form 42026-06-020002054541-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Shawn G. Johnston 2026-05-29Form 42026-06-020001585224-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
64Section 06, 2026 voteForm 8-K2026-05-040000765880-26-000002Item 5.07 · say-on-pay result. As reported: 89.24% (votes for as printed: 522,635,664). Filing ↗
65Section 06, 2025 voteForm 8-K2025-04-280001628280-25-020273Item 5.07 · say-on-pay result. As reported: 93.18% (votes for as printed: 548,245,667). Filing ↗
66Section 06, 2024 voteForm 8-K2024-04-260001104659-24-053055Item 5.07 · say-on-pay result. As reported: 93.48% (votes for as printed: 548,270,776). Filing ↗
67Section 01 trend, Δ column (computed)Computed—computedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
68Section 03b vehicle mix (computed)Computed—computedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
69Section 09b board cost (computed)Computed—computedCash 1,153,461 + equity 2,110,000 + all other 149,378 = 3,412,839, summed across the director compensation table rows.machine: formula: Σ = 3,412,839
70Welltower Inc., Section 10b CEO totalDEF 14A2026-04-100000766704-26-000014CEO total compensation as printed in Welltower Inc.'s own proxy. As printed: 821,090,355. Filing ↗machine: t141 · r3 · c12 · span 1124520–1124531
71BXP, Inc., Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc.'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
72Ventas, Inc., Section 10b CEO totalDEF 14A2026-04-010000740260-26-000010CEO total compensation as printed in Ventas, Inc.'s own proxy. As printed: 17,501,073. Filing ↗machine: r2 · c42 · span 1775799–1775810
73Realty Income Corporation, Section 10b CEO totalDEF 14A2026-03-250000726728-26-000021CEO total compensation as printed in Realty Income Corporation's own proxy. As printed: 16,251,931. Filing ↗machine: r3 · c18 · span 1118130–1118140
74Host Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Host Hotels & Resorts, Inc.'s own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
75Omega Healthcare Investors, Inc., Section 10b CEO totalDEF 14A2026-04-210001104659-26-045753CEO total compensation as printed in Omega Healthcare Investors, Inc.'s own proxy. As printed: 14,020,475. Filing ↗machine: t146 · r7 · c16 · span 1713701–1713711
76Healthcare Realty Trust Inc., Section 10b CEO totalDEF 14A2026-04-070001360604-26-000032CEO total compensation as printed in Healthcare Realty Trust Inc.'s own proxy. As printed: 12,855,422. Filing ↗machine: r2 · c21 · span 598192–598203
77Equity Residential, Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: t125 · r5 · c25 · span 1751090–1751100
78Kimco Realty Corporation, Section 10b CEO totalDEF 14A2026-04-080001206774-26-000197CEO total compensation as printed in Kimco Realty Corporation's own proxy. As printed: 11,581,750. Filing ↗machine: t133 · r4 · c7 · span 542175–542185
79Regency Centers Corporation, Section 10b CEO totalDEF 14A2026-03-250001193125-26-122880CEO total compensation as printed in Regency Centers Corporation's own proxy. As printed: 11,092,432. Filing ↗machine: r7 · c23 · span 803411–803422
80W.P. Carey, Inc., Section 10b CEO totalDEF 14A2026-03-270001025378-26-000063CEO total compensation as printed in W.P. Carey, Inc.'s own proxy. As printed: 10,786,686. Filing ↗machine: r4 · c21 · span 810394–810404
81Healthpeak Properties, INC. (subject), Section 10b CEO totalDEF 14A2026-03-120001104659-26-027086CEO total compensation as printed in Healthpeak Properties, INC.'s own proxy. As printed: 10,072,994. Filing ↗machine: t197 · r7 · c18 · span 1414974–1414984
82UDR, Inc., Section 10b CEO totalDEF 14A2026-04-020000074208-26-000037CEO total compensation as printed in UDR, Inc.'s own proxy. As printed: 9,933,438. Filing ↗machine: t322 · r11 · c18 · span 3007170–3007179
83AvalonBay Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039943CEO total compensation as printed in AvalonBay Communities, Inc.'s own proxy. As printed: 9,663,500. Filing ↗machine: t263 · r9 · c18 · span 1661086–1661095
84Alexandria Real Estate Equities, Inc., Section 10b CEO totalDEF 14A2026-04-010001035443-26-000031CEO total compensation as printed in Alexandria Real Estate Equities, Inc.'s own proxy. As printed: 8,844,053. Filing ↗machine: r6 · c19 · span 3171042–3171051
85Section 10a, Healthcare Realty Trust Inc. reciprocityDEF 14A—0001360604-26-000032Healthcare Realty Trust Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
86Section 10a, Equity Residential reciprocityDEF 14A—0001193125-26-155007Equity Residential's most recent proxy was read; its disclosed peer group does not include Healthpeak Properties, INC.. Filing ↗
87Section 10a, BXP, Inc. reciprocityDEF 14A—0001037540-26-000010BXP, Inc.'s most recent proxy was read; its disclosed peer group does not include Healthpeak Properties, INC.. Filing ↗
88Section 10a, Regency Centers Corporation reciprocityDEF 14A—0001193125-26-122880Regency Centers Corporation's most recent proxy was read; its disclosed peer group does not include Healthpeak Properties, INC.. Filing ↗
89Section 10a, Omega Healthcare Investors, Inc. reciprocityDEF 14A—0001104659-26-045753Omega Healthcare Investors, Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, Ventas, Inc. reciprocityDEF 14A—0000740260-26-000010Ventas, Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, Welltower Inc. reciprocityDEF 14A—0000766704-26-000014Welltower Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, UDR, Inc. reciprocityDEF 14A—0000074208-26-000037UDR, Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
93Section 10a, Realty Income Corporation reciprocityDEF 14A—0000726728-26-000021Realty Income Corporation's most recent proxy was read; its disclosed peer group does not include Healthpeak Properties, INC.. Filing ↗
94Section 10a, W.P. Carey, Inc. reciprocityDEF 14A—0001025378-26-000063W.P. Carey, Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Alexandria Real Estate Equities, Inc. reciprocityDEF 14A—0001035443-26-000031Alexandria Real Estate Equities, Inc. names Healthpeak Properties, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗