Director Daniel A. Hoffler filed a Form 4 with the SEC on November 10, 2026, disclosing the forfeiture of unvested Time-Based LTIP Units upon his retirement from the board of AH Realty Trust, Inc. (NYSE:AHRT), with the earliest transaction date of November 6, 2026.

Key Highlights

  • Board retirement trigger: Hoffler forfeited 7,146 unvested Time-Based LTIP Units in AH Realty Trust, LP in connection with his retirement from the company's board of directors.
  • Transaction date: The forfeiture was recorded on November 6, 2026, with a price of $0.
  • Remaining LTIP Units: Following the transaction, Hoffler beneficially owned 12,487 Time-Based LTIP Units, held directly.
  • Common Units held: Hoffler retained beneficial ownership of 4,993,244 Common Units directly following the reported transaction.
  • Common Stock holdings: The filing also reports direct beneficial ownership of 266,647 shares of Common Stock and 4,000 shares of 6.75% Series A Preferred Stock, with no transactions reported for those positions.
  • Signing authority: The form was signed by Matthew T. Barnes-Smith as Attorney-in-Fact for Daniel A. Hoffler on November 10, 2026.

Daniel A. Hoffler's Departure From AH Realty Trust Board and Related LTIP Unit Forfeiture

According to the filing, Daniel A. Hoffler, identified as a director and 10% owner of AH Realty Trust, Inc. (NYSE:AHRT), reported a change in beneficial ownership of derivative securities tied to his retirement from the company's board. The filing states that the 7,146 Time-Based LTIP Units forfeited on November 6, 2026, were disposed of specifically "in connection with his retirement from the Company's board of directors," at a price of $0.

The filing explains that Time-Based LTIP Units are interests in AH Realty Trust, LP, the operating partnership of AH Realty Trust, Inc., of which the company is the general partner. Under the terms described, Time-Based LTIP Units, once vested, are convertible into Common Units of limited partnership interest at the holder's option, though they "may not be converted to Common Units until two years following the date of grant," except in connection with a Change of Control. The filing further notes that each Common Unit "is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock." Time-Based LTIP Units and Common Units are each reported to have no expiration date.

After the forfeiture, Hoffler's reported beneficial ownership stood at 12,487 Time-Based LTIP Units and 4,993,244 Common Units, both held directly. No transactions were reported in the filing for the 266,647 shares of Common Stock or 4,000 shares of 6.75% Series A Preferred Stock also listed in the filing as directly held.

What Was Disclosed

This Form 4 discloses that director and 10% owner Daniel A. Hoffler forfeited 7,146 unvested Time-Based LTIP Units at $0 on November 6, 2026, upon retiring from the board of AH Realty Trust, Inc., leaving him with 12,487 such units and 4,993,244 Common Units.