Gabriel M. Willhite - Apr 3, 2025 Form 4 Insider Report for American Healthcare REIT, Inc. (AHR)

Role: Chief Operating Officer
Signature: /s/ GABRIEL M. WILLHITE
Stock symbol: AHR
Transactions as of: Apr 3, 2025
Transactions value $: -$105,825
Form type: 4
Date filed: 4/7/2025, 05:54 PM
Previous filing: Mar 26, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AHR	Common Stock	Options Exercise		+6.77K	+4.7%		151K	Apr 3, 2025	Direct	F1
transaction	AHR	Common Stock	Tax liability	-$106K	-3.44K	-2.28%	$30.79	147K	Apr 3, 2025	Direct	F2

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	AHR	Restricted Stock Unit	Options Exercise	$0	-6.77K	-50%	$0.00	6.77K	Apr 3, 2025	Common Stock	6.77K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit converts into one share of the Issuer's common stock.
F2	Shares withheld by the Issuer to satisfy the Reporting Person's tax obligations associated with the vesting of time-based restricted stock units on April 3, 2025. This is not an open market sale of securities.
F3	On April 3, 2023, the Issuer awarded the Reporting Person 20,303 time-based restricted stock units ("RSUs"). The RSUs vest in three equal installments on April 3, 2024, 2025 and 2026 (subject to continuous employment through each vesting date).