Welltower Redemption of OP Units and DownREIT Units (in shares) decreased by 75.2% to 395.6K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.7%, from 554.7K to 395.6K.
High conversion activity may indicate unit holders seeking liquidity or exiting their partnership positions, potentially impacting share count.
The number of shares issued or redeemed related to the conversion of Operating Partnership (OP) units or DownREIT units...
Standard for REITs utilizing UPREIT structures.
other_conversion_of_stock_shares_converted1| Q4 '21 | Q4 '22 | Q1 '23 | Q4 '23 | Q1 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | 5.5K | 5.5K | 272K | 335.6K | 19.1K | 494.9K | 554.7K | 1.6M | 395.6K |
| QoQ Change | — | +0.0% | >999% | +23.4% | -94.3% | >999% | +12.1% | +187.3% | -75.2% |
| YoY Change | — | +0.0% | — | >999% | -93.0% | +47.5% | >999% | +222.0% | -28.7% |