Form 4: CareTrust REIT Director Spencer G. Plumb Acquires Shares as Part of Compensation Plan

Director Spencer G. Plumb acquired 5,037 shares of CareTrust REIT common stock as part of a non-employee director compensation plan.

Summary

• On April 29, 2025, Spencer G. Plumb, a director of CareTrust REIT, Inc., acquired 5,037 shares of common stock.
• The acquisition was part of the Issuer's non-employee director compensation plan.
• These shares are restricted and will vest on the earlier of April 29, 2026, or the commencement of the Issuer's 2026 Annual Meeting of Stockholders.
• Following the transaction, Plumb directly owns 45,777 shares of CareTrust REIT.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment due to alignment of interests.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.
• The vesting schedule incentivizes long-term commitment from the director.

Industry Context

Director share acquisitions are common in REITs as part of compensation packages to align management interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include stock grants or options to incentivize performance and align interests with shareholders, similar to practices at Welltower (WELL) and Ventas (VTR).
• The vesting schedule of these restricted shares is typical for director compensation, often tied to continued service or specific performance milestones, comparable to agreements seen at Healthpeak Properties (PEAK).

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

CareTrust REIT, Director, Share Acquisition, Form 4, Compensation Plan, CTRE, Spencer G. Plumb, Restricted Shares, Vesting