Insider Trading April 16, 2026 03:22 PM

EPR Properties CFO Disposes $500,005 in Stock as REIT Expands Theme-Park Footprint

Mark Alan Peterson sold 9,091 shares; EPR completes acquisition of six Six Flags parks as analysts adjust estimates

By Leila Farooq EPR
EPR Properties CFO Disposes $500,005 in Stock as REIT Expands Theme-Park Footprint
EPR

EPR Properties Executive Vice President and Chief Financial Officer Mark Alan Peterson sold 9,091 common shares on April 14, 2026, for $55.0 per share, netting roughly $500,005. The transaction was executed under a Rule 10b5-1 trading plan adopted December 23, 2025. Separately, EPR closed on six U.S. amusement parks acquired from Six Flags as part of a seven-park, $331 million cash deal, prompting mixed analyst reactions and revised price targets.

Key Points

  • EPR CFO Mark Alan Peterson sold 9,091 common shares on April 14, 2026, at $55.0 per share, totaling approximately $500,005.
  • The sale was made under a Rule 10b5-1 trading plan adopted December 23, 2025; Peterson still indirectly holds 224,780 shares through a revocable trust.
  • EPR completed the purchase of six U.S. Six Flags parks as part of a seven-park, $331 million cash deal, prompting mixed analyst reactions and revised price targets.

Mark Alan Peterson, Executive Vice President and Chief Financial Officer of EPR Properties (NYSE:EPR), sold 9,091 common shares of beneficial interest on April 14, 2026, a Form 4 filing with the Securities and Exchange Commission shows. The shares changed hands at $55.0 apiece, producing a transaction value of approximately $500,005.

Following the disposition, Peterson indirectly retains an interest in 224,780 common shares through Jill J. Peterson and Mark A. Peterson, TTEES Jill J. Peterson Rev. Trust. The filing notes the sale was carried out under a Rule 10b5-1 trading plan that the executive adopted on December 23, 2025.

At the time of the filing, EPR's stock was trading at $56.04 and the company reported a market capitalization of $4.28 billion.


Separate from the insider transaction, EPR Properties has completed the purchase of six U.S. amusement parks from Six Flags Entertainment Corporation. The parks included in the completed transfer are Valleyfair, Worlds of Fun, Michigan’s Adventure, Schlitterbahn Waterpark Galveston, Six Flags St. Louis, and Six Flags Great Escape. The sale of Six Flags La Ronde in Montreal is expected to close in the second quarter of 2026.

These closings are part of a broader transaction in which Six Flags is selling seven parks to EPR Properties for a cash consideration of $331 million. Stifel characterized EPR's acquisition as representing nearly four times EPR's average annual acquisition spending over the past five years, and, on that basis, raised its price target for EPR Properties to $65.50 while keeping a Buy rating.

Other broker reactions varied. RBC Capital also lifted its price target for EPR Properties, citing what it described as a healthy earnings report for the fourth quarter of 2025. In contrast, Raymond James moved to downgrade the stock's rating to Outperform from Strong Buy, commenting that the valuation gap has closed.


The filings and analyst notes together present a mixed picture: an insider sale executed under a structured trading plan, a material portfolio expansion for the REIT through the Six Flags transaction, and divergent analyst views that have led to both upward price-target revisions and a relative downgrade in rating.

Risks

  • Pending close of Six Flags La Ronde in the second quarter of 2026 introduces timing and execution uncertainty for the full transaction - impacts the leisure and real estate sectors.
  • EPR's acquisition size - nearly four times its average annual acquisition spending over the past five years according to Stifel - may raise questions about capital allocation and integration challenges in the REIT sector.
  • Analyst divergence - while some firms raised price targets, Raymond James downgraded the rating citing a closed valuation gap, indicating uncertainty in investor valuation consensus for the stock.

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