Timothy L. Meyer
On May 1, 2025, Community Healthcare Trust Incorporated (the “Company”) provided notice of termination to Timothy L. Meyer, Executive Vice President – Asset Management, effective May 31, 2025 (the “Separation Date”).
Highest-materiality recent filing
CHCT Q2 net income $2.4M; cuts dividend 31% to $0.33, outlines $99M acquisition pipeline
Net income $2.4M ($0.06 diluted EPS); FFO $0.48, AFFO $0.56 per share.
CHCT annual meeting elects six directors, ratifies BDO, say-on-pay approved
All six director nominees elected with >21M votes each; highest withheld was Lawrence Van Horn (872,785).
CHCT Q1 net income $2.5M, AFFO $0.56; acquires $28.5M rehab; dividend $0.48
Net income $2.5M ($0.07 diluted EPS); revenue $31.5M, up 5% YoY from $30.1M.
Net income $14.4M ($0.51 diluted EPS); FFO $0.49/sh, AFFO $0.55/sh.
Community Healthcare Trust adds 500K shares to compensation equity pool
Board approved Second Amendment to Alignment of Interest Program on Jan 5, 2026.
CHCT amends Q3 2025 supplemental to correct Desert Mountain Health Center rent omission
Clerical error in supplemental table omitted annualized rent for Desert Mountain Health Center; corrected values inserted and percentage columns adjusted on pages 16-22.
CHCT Q3 2025: EPS $0.03, AFFO $0.56, dividend raised to $0.4750
Net income $1.6M ($0.03 diluted EP S); AFFO $0.56 per share, covering declared dividend of $0.4750.
CHCT Q2 net loss $12.6M ($0.50/sh); FFO $0.23, AFFO $0.50; credit loss reserve $8.7M
Net loss $12.6M vs. $10.4M loss in Q2 2024; revenue $29.1M, up 5.7% YoY.
Community Healthcare Trust terminates EVP Asset Management, appoints Mark Kearns as replacement
Timothy L. Meyer, EVP – Asset Management, terminated effective May 31, 2025; severance includes $349,766 salary plus $757,261 lump sum.
CHCT shareholders elect six directors and ratify auditor at 2025 annual meeting
All six director nominees elected: Cotman, Dupuy, Gardner, Gulmi, Hensley, Van Horn (each >20.9M votes for).
CHCT Q1 2025 AFFO $0.55 vs $0.59 YoY; net income $1.6M
FFO $0.47 per diluted share, down from $0.53; AFFO $0.55, down from $0.59.
CHCT enters $300M ATM equity program, will lose WKSI status after 10-K filing
New $300M at-the-market program replaces prior agreement; agents include Piper Sandler, Evercore, KeyBanc, Truist.
CHCT Q4 net income $0.04, AFFO $0.55 per share; acquisition pipeline ~$179M
Net income $1.8M ($0.04 diluted EPS); FFO $0.48, AFFO $0.55 per share.
CHCT Q3 2024 FFO $0.48, AFFO $0.55; credit facility expanded to $400M
Net income $1.7M ($0.04 diluted EPS); FFO $0.48, AFFO $0.55 per share.
CHCT upsizes revolving credit facility to $400M, extends maturity to 2029
Revolving facility increased from $150M to $400M; maturity extended from March 2026 to October 2029.
CHCT Q2 net loss $10.4M on $11M credit reserve for tenant; AFFO $0.53
Net loss of $10.4M ($0.42/diluted share) vs net income of $6.6M a year ago.
CHCT shareholders approve 2024 Incentive Plan authorizing 1.15M new shares
At annual meeting May 2, 2024, 16.3M voted for the 2024 Incentive Plan; 7.8M against.
CHCT Q1 net income $3.7M ($0.11/sh); AFFO $0.59/sh; $34.2M in acquisitions, $169.5M pipeline
Revenue $29.3M (+8% YoY); NOI $23.5M, net income $3.7M; FFO $0.53/sh, AFFO $0.59/sh (vs $0.62 in Q1 2023).
CHCT Q4 FFO $0.57, AFFO $0.61; declares $0.4575 dividend; $194M+ acquisition pipeline
Net income $4.6M ($0.15 EPS); FFO $0.57 and AFFO $0.61 per diluted share for Q4 2023.
CHCT adopts updated compensation programs and grants RSUs to executive officers
Board approved Third Amended Alignment of Interest Program with max 50% deferral for execs with employment agreements; limit tied to Retirement Eligibility.
CHCT approves 2024 base salary increases for four top executives
CEO David Dupuy: base salary raised from $647,250 to $666,668 (+$17,418).
CHCT Q3 net income $3.5M ($0.11/diluted); FFO $0.58, AFFO $0.63 per share
Revenue of $28.7M, up from $24.8M in Q3 2022.
CHCT reports Q2 net income $0.24/share, FFO $0.62/share; acquires $15.7M in properties
Net income $6.6M ($0.24/diluted share); Q2 revenue $27.8M, up 15.6% YoY.
Community Healthcare Trust appoints William Monroe as CFO effective June 1, 2023
Monroe previously Managing Director, Healthcare Investment Banking at Truist Securities.
CHCT shareholders elect six directors, approve say-on-pay and BDO as auditor at annual meeting
Six director nominees elected with votes ranging from 21.1M to 22.1M; broker non-votes 1.96M.
CHCT posts Q1 net loss $6.9M on $11.8M CEO death charge; AFFO $0.62/sh
Net loss of $6.9M ($0.32 diluted loss) includes $11.8M accelerated amortization from former CEO Timothy Wallace's death.
David H. Dupuy promoted to CEO, base salary raised to $647K; chairman fee increased to $100K
David H. Dupuy appointed CEO, will continue as CFO until successor chosen; effective April 1, 2023.
Community Healthcare Trust appoints David H. Dupuy as permanent CEO and to Board
David H. Dupuy appointed permanent CEO effective March 6, 2023, previously interim CEO since Feb 10, 2023.
CHCT Chairman, CEO & President Timothy G. Wallace passes away; interim CEO appointed
Timothy G. Wallace, Chairman, CEO and President, passed away on March 3, 2023.
CHCT Q4 net income $5.2M ($0.19/sh); FFO $0.56, AFFO $0.63; $50.2M in acquisitions
Net income $5.2M ($0.19 diluted EPS) vs $6.1M ($0.23) in Q4 2021; FFO $0.56/sh, AFFO $0.63/sh.
CHCT CEO Timothy Wallace takes medical leave; CFO Dupuy named interim CEO
CEO/Chairman Timothy G. Wallace on medical leave effective Feb 10, 2023 due to peptic ulcer complications.
CHCT increases 2023 base salaries for CEO, CFO, CAO, and EVP Asset Management
CEO Timothy Wallace base salary raised from $794,200 to $863,295 (+$69,095) effective Jan 1, 2023.
CHCT enters interest rate swaps on $150M term loan with fixed rates 5.051%-5.384%
Entered swap agreements with four banks to fix interest rate on new $150M A-5 Term Loan under the Credit Agreement.
Community Healthcare Trust closes $150M A-5 term loan, repays $135M in existing debt
Entered into $150M A-5 term loan facility maturing March 14, 2030 under amended credit agreement.
Community Healthcare Trust registers $500M ATM equity offering via amended sales agency agreement
Up to $500M in common stock may be sold at-the-market through agents including Piper Sandler, Evercore, Truist, Regions, Fifth Third, Janney Montgomery, and Baird.
CHCT Q3 2022 AFFO $0.63/share; acquisition pipeline of $71.6M expected in Q4
Net income $5.7M ($0.21 diluted EPS); AFFO $0.63/share, up from $0.59 YoY.
Community Healthcare Trust Q2 AFFO $0.62/share; acquires $23.5M rehab facility; pipeline $140.9M
Net income $5.6M ($0.21/diluted); FFO $0.57, AFFO $0.62 per diluted share.
Community Healthcare Trust increases restricted share reserve by 500,000 under Alignment Program
Board approved Second Amended and Restated Alignment of Interest Program on May 5, 2022.
Community Healthcare Trust annual meeting elects six directors, approves say-on-pay and auditor
All six director nominees elected with over 21.4M votes each; broker non-votes ~1.43M.
CHCT Q1 2022 Net Income $5.5M ($0.21 EPS); FFO $0.56, AFFO $0.61 per share
Revenue $23.5M, up 9.8% YoY from $21.4M; net income $5.5M vs $5.3M in Q1 2021.
CHCT Q4 2021 net income $6.1M, FFO $0.57/share, acquires $9.8M in properties
Net income $6.1M ($0.23 diluted EPS); revenue $23.2M, up from $20.1M in Q4 2020.
Community Healthcare Trust raises 2022 base salaries for CEO, CFO, CAO, and EVP Asset Mgmt
CEO Timothy G. Wallace base salary increased from $750,000 to $794,200 (5.9% raise).
Community Healthcare Trust Q3 AFFO $0.59/share; $9.3M acquired, $94M pipeline
Net income $5.4M ($0.20/diluted); FFO $0.55, AFFO $0.59 per diluted share.
Community Healthcare Trust amends Code of Ethics; CFO named compliance officer
Board amended Code of Ethics and Business Conduct on October 28, 2021.
Promotes Timothy L. Meyer to EVP – Asset Management effective Oct 1
Timothy L. Meyer promoted to Executive Vice President – Asset Management, effective October 1, 2021.
CHCT Q2: Net income $5.7M ($0.22/dil), FFO $0.56, AFFO $0.58; dividend raised to $0.4325
Revenue $22.7M, net income $5.7M ($0.22/dil) vs $4.5M ($0.19/dil) YoY.
On May 1, 2025, Community Healthcare Trust Incorporated (the “Company”) provided notice of termination to Timothy L. Meyer, Executive Vice President – Asset Management, effective May 31, 2025 (the “Separation Date”).
On May 17, 2023, Community Healthcare Trust Incorporated (the “Company”) announced the appointment of William G. Monroe IV, age 44, as its Chief Financial Officer, effective June 1, 2023.
Mr. Monroe will succeed David H. Dupuy as the Company’s Chief Financial Officer.
Mr. Dupuy’s duties have been updated to reflect his promotion to Chief Executive Officer and his agreement to continue to serve as the Company’s Chief Financial Officer until the appointment of his successor.
increasing the lead director’s fee payable to Alan Gardner from $25,000.00 per annum to $100,000.00 per annum to reflect his new position as Chairman of the Board, effective March 3, 2023.
On March 6, 2023, the board of directors (the “Board of Directors”) of Community Healthcare Trust Incorporated (the “Company”), appointed David H. Dupuy, who has served as the Company’s Interim Chief Executive Officer since February 10, 2023, to be the Company’s Chief Executive Officer on a permanent basis.
Mr. Dupuy was also appointed to the Board of Directors of the Company, effective as of March 6, 2023, to fill the vacancy created by the death of Timothy G. Wallace.
The Board has appointed David H. Dupuy, the Company's Executive Vice President and Chief Financial Officer, as Interim Chief Executive Officer, effective as of February 10, 2023.
Timothy G. Wallace is taking a medical leave of absence from his roles as Chairman of the Board, Chief Executive Officer and President of the Company, effective as of February 10, 2023, due to complications from a peptic ulcer.
Max materiality 0.85 · Median 0.60 · Most common event earnings