---
schema_version: "secwatch.filing_event.v1"
accession: "0001561032-25-000036"
form_type: "8-K"
ticker: "NHP"
cik: "0001561032"
company_name: "National Healthcare Properties, Inc."
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:47:03.083742+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# National Healthcare Properties appoints Andrew Babin as CFO, replacing Scott Lappetito

## Summary
- Scott Lappetito resigned as CFO effective Nov 18, 2025, with no disagreement with management.
- Andrew Babin appointed CFO & Treasurer; previously Head of Financial Strategy & IR at Medical Properties Trust (MPW).
- Babin gets base salary $400k, target bonus $350k, LTIP of at least $600k in equity for 2026, plus $200k one-time restricted stock.
- Lappetito receives severance: cash equal to base + target bonus, full vesting of time-based equity, pro-rata performance equity, COBRA up to 18 months.
- Press release references 'journey towards a successful public listing', suggesting potential strategic move.

## SEC filing metadata
- accession: 0001561032-25-000036
- form_type: 8-K
- ticker: NHP
- cik: 0001561032
- company_name: National Healthcare Properties, Inc.
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561032/000156103225000036/0001561032-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561032/000156103225000036/hct-20251118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561032-25-000036
- JSON: https://secwatch.observer/filing/0001561032-25-000036.json
- Plain text: https://secwatch.observer/filing/0001561032-25-000036.txt

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