---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-067227"
form_type: "8-K"
ticker: "WELL"
cik: "0000766704"
company_name: "WELLTOWER INC."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:29:28.761343+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Welltower establishes new $7.5B ATM equity program, terminates prior facility

## Summary
- New ATM program allows sale of up to $7.5B in common stock through multiple agents and forward sellers.
- Prior equity distribution agreement dated October 29, 2024 was terminated.
- Filed prospectus supplements for exchangeable shares (23.5M), DownREIT shares (390k), OP shares (238k), and resale shares (1.56M).
- Company may settle forward sales via physical, cash, or net share settlement; no immediate sales committed.
- Registration statement replaced prior shelf; proceeds from forward sales will be received only upon physical settlement.

## SEC filing metadata
- accession: 0001193125-25-067227
- form_type: 8-K
- ticker: WELL
- cik: 0000766704
- company_name: WELLTOWER INC.
- filed_at: 2025-03-28T23:59:59+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/766704/000119312525067227/0001193125-25-067227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766704/000119312525067227/d926833d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-067227
- JSON: https://secwatch.observer/filing/0001193125-25-067227.json
- Plain text: https://secwatch.observer/filing/0001193125-25-067227.txt

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