Welltower INC.: management transactions · United States · SEC (Form 4)

About Welltower INC.

Welltower Inc. (NYSE: WELL) is a leading U.S. healthcare real estate investment trust with its headquarters in Toledo, Ohio. Founded in 1970, the company has evolved from a broad healthcare-property owner into a highly specialized platform focused on senior housing, wellness housing, outpatient medical real estate, and related healthcare real estate assets. For investors in French-speaking Europe, Welltower is best understood as a U.S.-listed REIT tied to one of the strongest long-term demographic trends in developed markets: population aging and the rising need for housing and care solutions for older adults. The company is listed on the NYSE under the ticker WELL and operates across the United States, the United Kingdom, and Canada. Its competitive edge comes from the combination of portfolio quality, operating partnerships, and a data-driven investment model. Welltower describes itself as more than a traditional landlord, positioning its model as an operating platform within a real estate wrapper. That distinction matters: the company aims to influence property-level performance through operator alignment, capital allocation discipline, and its internal Welltower Business System. Its portfolio includes more than 2,500 seniors and wellness housing communities, typically located in attractive submarkets with strong demand fundamentals. The main business lines include seniors housing operating properties, triple-net or leased senior housing assets, wellness-oriented housing, and outpatient medical office properties. Welltower also emphasizes its use of data science to improve investment decisions, operating outcomes, and long-term per-share growth. Recent strategic developments have been significant. In 2025, the company announced a major portfolio repositioning through transactions totaling $23 billion to deepen its focus on rental housing for seniors. Also in 2025, Welltower launched its private funds management business and closed its inaugural seniors housing fund with about $2.5 billion of capital commitments. More recently, 2026 results highlighted strong same-store net operating income growth, occupancy improvement, and continued large-scale investment activity, reinforcing Welltower’s reputation as a growth-oriented healthcare real estate platform with a defensive earnings profile and meaningful exposure to the aging-population theme.