DHCNI Insider Trading
Diversified Healthcare Trust, 5.625% Senior Notes due 2042 (DHCNI) operates in the Real Estate sector, specifically the REIT - Healthcare Facilities industry, with a market capitalization near $1.79B, listed on NASDAQ, employing roughly 600 people, carrying a beta of 1.14 to the broader market. Diversified Healthcare Trust operates as a real estate investment trust (REIT) primarily focused on acquiring and managing properties within the healthcare sector. Led by Christopher J. Bilotto, public since 2012-07-23.
In the last 12 months, Diversified Healthcare Trust, 5.625% Senior Notes due 2042 insiders made 0 buy transactions and 0 sale transactions.
| Date | Name | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Sep 18, 2025 | Brown Matthew C. | F-InKind | 9,711 | $4.37 | $42.4K |
| Jan 2, 2024 | Bilotto Christopher J. | D | 0 | $0.00 | $0 |
| Oct 2, 2023 | Brown Matthew C. | D | 0 | $0.00 | $0 |
| Sep 26, 2023 | Hollis Phyllis M. | A-Award | 20,000 | $0.00 | $0 |
| Sep 26, 2023 | Hollis Phyllis M. | 0 | $0.00 | $0 | |
| Sep 20, 2023 | SIEDEL RICHARD W. JR. | F-InKind | 7,086 | $2.33 | $16.5K |
| Sep 20, 2023 | Francis Jennifer F. | F-InKind | 15,839 | $2.33 | $36.9K |
| Sep 15, 2023 | Francis Jennifer F. | A-Award | 60,000 | $0.00 | $0 |
| Jun 14, 2023 | PORTNOY ADAM D. | P-Purchase | 2,000,000 | $3.07 | $6.1M |
| Jun 14, 2023 | PORTNOY ADAM D. | P-Purchase | 1,992,259 | $3.03 | $6.0M |
DHCNI Insider Activity by Quarter
Reported Form 4 and Form 5 lines under DHCNI's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Dec 24, 2003, and a quarter counts only when every filing for it was read. 158 lines filed under another SEC company ID are not counted.
| Quarter | Purchases | Bought | Sales | Sold | Other Lines |
|---|---|---|---|---|---|
| Q4 2026 (so far) | 0 | N/A | 0 | N/A | 0 |
| Q3 2026 | 0 | N/A | 0 | N/A | 0 |
| Q2 2026 | 0 | N/A | 0 | N/A | 0 |
| Q1 2026 | 0 | N/A | 0 | N/A | 0 |
| Q4 2025 | 0 | N/A | 0 | N/A | 0 |
| Q3 2025 | 0 | N/A | 0 | N/A | 1 |
| Q2 2025 | 0 | N/A | 0 | N/A | 0 |
| Q1 2025 | 0 | N/A | 0 | N/A | 0 |
| Q4 2024 | 0 | N/A | 0 | N/A | 0 |
Filings Under Another SEC Company ID
158 filing lines on file were filed under an SEC company ID (CIK) other than DHCNI's (1075415). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the DHCNI ticker's, or another company's that DHCNI or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.
| CIK | Lines | Dates | Securities |
|---|---|---|---|
| 225648 | 158 | Dec 23, 2003 to Sep 19, 2005 | Common Stock, $.10 par value, Stock Option (right to buy), Stock Option (Right to Buy) |
ETFs Holding DHCNI
| Fund | Weight of DHCNI | Shares (as reported) | Value (as reported) | Source updated |
|---|---|---|---|---|
| PFXF VanEck Preferred Securities ex Financials ETF | 0.25% | 354,279 | $5.9M | Oct 8, 2026 |
From each fund's latest holdings file on record that shows DHCNI's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as DHCNI's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for DHCNI reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is DHCNI's share of that fund.
How to Read DHCNI Insider Activity
Net insider activity is balanced over the trailing twelve months: 0 buys against 0 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.
Learn how insider trading is reported and how to read the data →
Frequently asked DHCNI insider trading questions
- How active are DHCNI insiders right now?
- Over the trailing twelve months, Diversified Healthcare Trust, 5.625% Senior Notes due 2042 (DHCNI) insiders made 0 buy transactions and 0 sale transactions. Net insider activity over the trailing twelve months is balanced (0 buys, 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
- What counts as an insider transaction?
- Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
- Are DHCNI insider buys a bullish signal?
- Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
- How do DHCNI insider transactions affect options pricing?
- Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.