Company: EPR-PE
Filing Date: 2025-06-03
Form Type: S-3ASR
Source: 0001193125-25-134126
Chunk: 3

Company: EPR PROPERTIES
Filing Date: 2025-06-03
Form: S-3ASR
Chunk 3
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 determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Our principal executive office is located at 909 Walnut Street, Suite 200, Kansas City, Missouri 64106. The telephone number for our principal executive office is (816) 472-1700. The date of this prospectus is June 3, 2025.

TABLE OF CONTENTS

| About This Prospectus                                                   |     |  1 |
| Cautionary Statement Concerning Forward-Looking Statements              |     |  2 |
| Risk Factors                                                            |     |  5 |
| The Company                                                             |     |  6 |
| Use of Proceeds                                                         |     |  7 |
| Description of Shares of Beneficial Interest                            |     |  8 |
| Description of Depositary Shares                                        |     | 17 |
| Description of Warrants                                                 |     | 21 |
| Description of Debt Securities                                          |     | 23 |
| Description of Units                                                    |     | 34 |
| Description of Certain Provisions of Maryland Law and EPR’s Declaration 
 of Trust and Bylaws                                                     |     | 37 |
| U.S. Federal Income Tax Considerations                                  |     | 43 |
| Selling Security Holders                                                |     | 72 |
| Plan of Distribution                                                    |     | 73 |
| Legal Matters                                                           |     | 76 |
| Experts                                                                 |     | 76 |
| Where You Can Find More Information                                     |     | 76 |

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ABOUT THIS PROSPECTUS

This prospectus is part of a registration statement that we filed with the Securities and Exchange Commission (“SEC”) using a
“shelf” registration process. Under this shelf process, we may sell any combination of the securities described in this prospectus from time to time in one or more offerings and selling security holders may from time to time offer and sell
such securities owned by them.

This prospectus provides you with a general description of the securities we may offer. Each time we offer
and sell securities, we will provide a prospectus supplement or other offering materials that contain specific information about the terms of the offering and the securities offered. The prospectus supplement or other offering materials also may add
to, update or change information provided in this prospectus. You should read this prospectus, the applicable prospectus supplement, the other applicable offering materials and the other information described in “Where You Can Find More
Information” prior to investing.

As allowed