---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-199972"
form_type: "8-K"
ticker: "WELL"
cik: "0000766704"
company_name: "WELLTOWER INC."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:43:29.717765+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Welltower enters new $4B ATM equity distribution program, terminates prior facility

## Summary
- New equity distribution agreement allows up to $4B in common stock sales through multiple agents and forward sellers.
- Prior May 3, 2023 ATM program terminated concurrently with new agreement.
- Forward sale agreements permit borrowing and selling shares, with potential cash settlement at maturity.
- Sales may occur via ordinary brokers' transactions, block trades, or other methods on NYSE.
- Proceeds from forward sales not received at borrowing; company expects physical settlement for cash.

## SEC filing metadata
- accession: 0001193125-23-199972
- form_type: 8-K
- ticker: WELL
- cik: 0000766704
- company_name: WELLTOWER INC.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766704/000119312523199972/0001193125-23-199972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766704/000119312523199972/d531794d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-199972
- JSON: https://secwatch.observer/filing/0001193125-23-199972.json
- Plain text: https://secwatch.observer/filing/0001193125-23-199972.txt

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