William P. Brown - Sep 5, 2025 Form 4 Insider Report for EPR PROPERTIES (EPR)

Role: Director
Signature: /s/ Angela M. Whittaker, Attorney-in-Fact for William P. Brown
Stock symbol: EPR
Transactions as of: Sep 5, 2025
Transactions value $: $0
Form type: 4
Date filed: 9/9/2025, 01:52 PM
Previous filing: Jun 4, 2025
Next filing: Sep 19, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Brown William P	Director	7750 WISCONSIN AVENUE, BETHESDA	/s/ Angela M. Whittaker, Attorney-in-Fact for William P. Brown	2025-09-09	0001760858

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPR	Common Shares of Beneficial Interest	Options Exercise		+1.22K			1.22K	Sep 5, 2025	Direct	F1

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	EPR	Restricted Share Units	Options Exercise	$0	-1.22K	-14.89%	$0.00	6.97K	Sep 5, 2025	Common Shares of Beneficial Interest	1.22K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.
F2	Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) the close of business on the day preceding the first annual meeting of shareholders after the date of grant, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.

Content

Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.

Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) the close of business on the day preceding the first annual meeting of shareholders after the date of grant, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant.