---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-003559"
form_type: "8-K"
ticker: "DHC"
cik: "0001075415"
company_name: "DIVERSIFIED HEALTHCARE TRUST"
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:19:09.130006+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DHC discloses $17.9M incentive fee for 2025, receives $27.2M dividend from AlerisLife wind-down

## Summary
- Incentive management fee of $17.9M incurred for 2025, payable in cash by Jan 30, 2026.
- Fee based on total shareholder return exceeding MSCI U.S. REIT/Health Care REIT Index over 3 years.
- Received $27.2M cash dividend from AlerisLife on Jan 9, 2026 from asset sale and wind-down.
- Expects additional $3.0M-$7.0M dividend upon completion of AlerisLife wind-down.

## SEC filing metadata
- accession: 0001104659-26-003559
- form_type: 8-K
- ticker: DHC
- cik: 0001075415
- company_name: DIVERSIFIED HEALTHCARE TRUST
- filed_at: 2026-01-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075415/000110465926003559/0001104659-26-003559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075415/000110465926003559/tm263098d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-003559
- JSON: https://secwatch.observer/filing/0001104659-26-003559.json
- Plain text: https://secwatch.observer/filing/0001104659-26-003559.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.