Insider Trading April 15, 2026 04:28 PM

EPR Properties CFO Sells 4,600 Shares in Two Tranches as Company Completes Park Acquisitions

Tonya L. Mater disposed of $258,900 of stock under a 10b5-1 plan while EPR advances with Six Flags park purchases and garners mixed analyst attention

By Hana Yamamoto EPR
EPR Properties CFO Sells 4,600 Shares in Two Tranches as Company Completes Park Acquisitions
EPR

Tonya L. Mater, senior vice president and chief accounting officer of EPR Properties (NYSE: EPR), sold 4,600 shares of the REIT’s common stock on April 14 and 15, 2026, for total proceeds of $258,900. The trades were executed under a prearranged Rule 10b5-1 trading plan and follow company activity including a multi-park acquisition from Six Flags and a range of analyst price-target moves.

Key Points

  • Tonya L. Mater sold 4,600 EPR Properties shares on April 14-15, 2026, for $258,900 in total, transacting in two tranches at $56.00 and $56.50 per share.
  • The sales were executed under a prearranged Rule 10b5-1 trading plan adopted on December 11, 2025; Mater still holds 55,859 shares after the trades.
  • EPR completed acquisition of six U.S. amusement parks from Six Flags, with a seventh park sale expected to close in Q2 2026; the seven-park deal is valued at $331 million in cash, subject to customary adjustments.

Insider transaction details

Tonya L. Mater, who serves as senior vice president and chief accounting officer at EPR Properties, executed the sale of 4,600 shares of the company’s common stock across two trading days in mid-April 2026. On April 14 she sold 2,000 shares at $56.00 per share. The next day, April 15, she sold an additional 2,600 shares at $56.50 per share. Combined, those transactions generated $258,900 in proceeds.

Following the completion of these sales, Mater retains direct ownership of 55,859 shares of EPR Properties common stock. The disposals were carried out under a pre-established Rule 10b5-1 trading plan that Mater adopted on December 11, 2025.


Market context and valuation signals

At the time of reporting, EPR Properties shares were trading at $56.38. The stock has risen roughly 14% year-to-date and is up nearly 23% over the prior 12 months. According to the InvestingPro analysis cited in company commentary, the stock is classified as overvalued versus its Fair Value and appears on a list of most overvalued companies. That assessment sits alongside InvestingPro Tips noting EPR’s consistent dividend track record, with dividend payments sustained for 30 consecutive years and a current yield reported at 6.63%.


Corporate transactions and portfolio expansion

In a related development, EPR Properties has completed the purchase of six U.S. amusement parks from Six Flags Entertainment Corporation. The parks named in the transaction are Valleyfair, Worlds of Fun, Michigan’s Adventure, Schlitterbahn Waterpark Galveston, Six Flags St. Louis, and Six Flags Great Escape. A separate sale of Six Flags La Ronde in Montreal is expected to close in the second quarter of 2026. The entire seven-park transaction is valued at $331 million in cash and remains subject to customary purchase price adjustments.


Analyst coverage and price-target moves

Analysts have revised their views and price targets for EPR amid these developments. Raymond James lowered its recommendation from Strong Buy to Outperform and set a price target of $60. RBC Capital raised its price target to $59, citing a healthy fourth-quarter 2025 earnings report. Stifel increased its price target to $65.50, calling attention to the company's acquisition growth as a notable factor.

These analyst actions, the insider sale under a 10b5-1 plan, and the company’s recent acquisition activity together form the factual basis for investor and market attention on EPR Properties at this time.

Risks

  • Valuation risk: InvestingPro analysis categorizes EPR as overvalued relative to its Fair Value, which could present downside risk for shareholders in the real estate investment trust sector.
  • Integration and acquisition adjustments: The $331 million park transaction is subject to customary purchase price adjustments, introducing potential uncertainty around final deal economics for EPR’s portfolio.
  • Analyst divergence: Recent changes in analyst price targets and recommendations demonstrate mixed views on EPR’s outlook, signaling uncertainty in investor sentiment within the REIT and leisure property sectors.

More from Insider Trading

JPMorgan Co-CEO Douglas Petno Sells $1.7 Million in Stock Apr 15, 2026 JPMorgan Executive Disposes $1.97 Million in Stock as Bank Nears $38 Billion Loan Close for Oracle Apr 15, 2026 JPMorgan Asset & Wealth CEO Sells $3.78 Million in Stock Apr 15, 2026 JPMorgan CIO Disposes $970,659 in Stock; Bank Involved in $38B Oracle Loan Package Apr 15, 2026 Strategy Inc Director Patten Disposes $444,193 in Class A Shares, Simultaneously Exercises Options Apr 15, 2026