Welltower (WELL) director granted 1,056 deferred stock units vesting 2027

Rhea-AI Filing Summary

Spisso Johnese reported acquisition or exercise transactions in this Form 4 filing.

Welltower Inc. director Johnese Spisso received an equity award of 1,056 deferred stock units of common stock. The units were granted on February 26, 2026 without cash consideration under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan.

Each deferred stock unit will be settled in common stock upon vesting on February 26, 2027. After this grant, Spisso now directly holds 16,057 shares of Welltower common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Spisso Johnese

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,056	$0.00	--

Holdings After Transaction: Common Stock — 16,057 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Spisso Johnese

(Last) (First) (Middle)

4500 DORR STREET

(Street)

TOLEDO OH 43615

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WELLTOWER INC. [ WELL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026(1)		A		1,056(1)	A	$0	16,057	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent deferred stock units that were granted without cash consideration on February 26, 2026 under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. Each deferred stock unit will be settled in common stock upon vesting on February 26, 2027.

	Matthew McQueen Attorney-in-Fact For: Johnese Spisso	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Welltower (WELL) director Johnese Spisso report in this Form 4 filing?

Director Johnese Spisso reported receiving 1,056 deferred stock units of Welltower common stock. The equity award was granted on February 26, 2026 without cash consideration under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan as part of director compensation.

How many Welltower (WELL) shares does Johnese Spisso hold after this transaction?

After the reported grant, Johnese Spisso directly holds 16,057 shares of Welltower common stock. This total includes the newly awarded 1,056 deferred stock units, which will be settled in common stock upon vesting on February 26, 2027, assuming vesting conditions are satisfied.

Was cash paid for the 1,056 deferred stock units reported by Welltower (WELL) director Johnese Spisso?

No cash was paid for these 1,056 deferred stock units. The footnote states they were granted without cash consideration as an equity award under the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan on February 26, 2026 for director compensation.

When do Johnese Spisso’s deferred stock units in Welltower (WELL) vest and settle?

The 1,056 deferred stock units granted to Johnese Spisso vest on February 26, 2027. At vesting, each deferred stock unit will be settled in one share of Welltower common stock, as described in the footnote to the Form 4 insider transaction disclosure.

What plan governs the equity award reported by Welltower (WELL) director Johnese Spisso?

The equity award is governed by the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan. Under this plan, 1,056 deferred stock units were granted on February 26, 2026 without cash consideration and will settle in common stock when they vest on February 26, 2027.

Is the Form 4 transaction for Johnese Spisso a purchase or an award of Welltower (WELL) shares?

The Form 4 transaction is an award, not an open-market purchase. It is coded as a grant or other acquisition, reflecting 1,056 deferred stock units granted without cash consideration under Welltower’s 2022 Long-Term Incentive Plan for director compensation.