X0609 4 2026-03-25 0001632970 American Healthcare REIT, Inc. AHR 0001185675 PEAY BRIAN false C/O AMERICAN HEALTHCARE REIT, INC. 18191 VON KARMAN AVE, STE 300 IRVINE CA 92612 false true false false Chief Financial Officer false Common Stock 2026-03-25 4 M false 13727 A 177546 D Common Stock 2026-03-25 4 F false 6985 48.25 D 170561 D Common Stock 2026-03-25 4 M false 8195 A 178756 D Common Stock 2026-03-25 4 F false 4170 48.25 D 174586 D Common Stock 807 I By Brian and Kristen Peay 2007 Trust DTD 06/26/2007 Restricted Stock Unit 2026-03-25 4 M false 13727 0 D Common Stock 13727 13727 D Restricted Stock Unit 2026-03-25 4 M false 8195 0 D Common Stock 8195 16391 D Restricted Stock Unit 2026-03-25 4 A false 15114 0 A Common Stock 15114 15114 D Each restricted stock unit ("RSU") converts into one share of the Issuer's common stock. Shares withheld by the Issuer to satisfy the Reporting Person's tax obligations associated with the vesting of time-based RSUs on March 25, 2026. The reported shares of common stock are held directly by Brian and Kristen Peay 2007 Trust DTD 06/26/2007, and indirectly by Mr. Peay and Kristen Peay, Trustees. On March 25, 2024, the Issuer awarded the Reporting Person 41,181 time-based RSUs. The RSUs vest ratably on March 25, 2025, 2026 and 2027 (subject to continuous employment through each vesting date). On March 25, 2025, the Issuer awarded the Reporting Person 24,586 time-based RSUs. The RSUs vest ratably on March 25, 2026, 2027 and 2028 (subject to continuous employment through each vesting date). On March 25, 2026, the Issuer awarded the Reporting Person 15,114 time-based RSUs. The RSUs will vest ratably on March 10, 2027, 2028 and 2029 (subject to continuous employment through each vesting date). /s/ BRIAN S. PEAY 2026-03-27