Scott M. Lappetito - 23 May 2025 Form 4 Insider Report for National Healthcare Properties, Inc. (NHPAP)

Role: CFO & Treasurer
Signature: /s/ Jie Chai, Attorney-in-Fact
Issuer symbol: NHPAP
Transactions as of: 23 May 2025
Net transactions value: $0
Form type: 4
Filing time: 28 May 2025, 16:04:09 UTC
Previous filing: 03 Dec 2021
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lappetito Scott M.	CFO & Treasurer	C/O NATIONAL HEALTHCARE PROPERTIES, INC., 540 MADISON AVE., 27TH FLOOR, NEW YORK	/s/ Jie Chai, Attorney-in-Fact	28 May 2025	0001897135

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHPAP	Common Stock	Award	$0	+43,545		$0.000000	43,545	23 May 2025	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Pursuant to National Healthcare Properties, Inc.'s ("NHP") long-term incentive compensation plan and its employment agreement with the reporting person, the reporting person was granted an award of time-based restricted shares of NHP's common stock, par value $0.01 per share ("Common Stock"), issued under NHP's 2025 Omnibus Incentive Compensation Plan ("Plan"), that will vest ratably on the first, second and third anniversaries of January 1, 2025, subject to the reporting person's continued service as an employee through the applicable vesting date.
F2	There is no established market for the Common Stock. On March 26, 2025, the board of directors of NHP approved an estimated per-share net asset value of Common Stock of $32.15 as of December 31, 2024.

Content

Pursuant to National Healthcare Properties, Inc.'s ("NHP") long-term incentive compensation plan and its employment agreement with the reporting person, the reporting person was granted an award of time-based restricted shares of NHP's common stock, par value $0.01 per share ("Common Stock"), issued under NHP's 2025 Omnibus Incentive Compensation Plan ("Plan"), that will vest ratably on the first, second and third anniversaries of January 1, 2025, subject to the reporting person's continued service as an employee through the applicable vesting date.

There is no established market for the Common Stock. On March 26, 2025, the board of directors of NHP approved an estimated per-share net asset value of Common Stock of $32.15 as of December 31, 2024.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney.