Timothy McHugh - 06 Jun 2025 Form 4 Insider Report for WELLTOWER INC. (WELL)

Role: Co-President and CFO
Signature: By: Matthew McQueen Attorney-in-Fact For: Timothy McHugh
Issuer symbol: WELL
Transactions as of: 06 Jun 2025
Transactions value $: $0
Form type: 4
Filing time: 10 Jun 2025, 16:34:51 UTC
Previous filing: 31 Oct 2025
Next filing: 02 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
McHugh Timothy	Co-President and CFO	4500 DORR STREET, TOLEDO	By: Matthew McQueen Attorney-in-Fact For: Timothy McHugh	10 Jun 2025	0001786887

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WELL	Welltower OP Class A Common Units	Sale		-13.1K	-50.45%		12.9K	06 Jun 2025	Common	26K	$152.48	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 6, 2025 the reporting person redeemed Class A Common Units in Welltower OP LLC ("Welltower OP") for property of equal value from Welltower OP, consistent with the terms of the Limited Liability Company Agreement of Welltower OP, dated as of May 24, 2022, as amended. Concurrently with the redemption, an equal number of Other Stock Units issued under the Welltower Inc. 2022 Long-Term Incentive Plan at the time of the issuance of the LTIP Units that converted into these Class A Common Units were immediately canceled for no consideration in accordance with their terms.

Content

On June 6, 2025 the reporting person redeemed Class A Common Units in Welltower OP LLC ("Welltower OP") for property of equal value from Welltower OP, consistent with the terms of the Limited Liability Company Agreement of Welltower OP, dated as of May 24, 2022, as amended. Concurrently with the redemption, an equal number of Other Stock Units issued under the Welltower Inc. 2022 Long-Term Incentive Plan at the time of the issuance of the LTIP Units that converted into these Class A Common Units were immediately canceled for no consideration in accordance with their terms.