Form 4: Omega Healthcare Investors Director Stephen Plavin Reports Acquisition and Conversion of Profits Interest Units

Director Stephen D. Plavin reports the acquisition and conversion of Profits Interest Units (PIUs) into OP Units and common stock of Omega Healthcare Investors.

Summary

• Stephen D. Plavin, a director of Omega Healthcare Investors, Inc., reported transactions involving Profits Interest Units (PIUs) and OP Units on June 7, 2024.
• Plavin acquired 4,641 PIUs, which are contingent rights to receive OP Units, as part of an annual grant, vesting on the date of the Company's 2025 Annual Meeting of Shareholders.
• He also converted 5,023 vested PIUs into OP Units and subsequently converted 5,023 OP Units into common stock.
• Following these transactions, Plavin beneficially owns 15,204 shares of common stock, 8,610 OP Units, and 13,633 PIUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions related to equity compensation.

Positives

• The director's continued holding of OP Units and PIUs demonstrates ongoing alignment with the company's performance.

Future Outlook

The reporting person's PIUs granted on June 7, 2024, will vest on the date of the Company's 2025 Annual Meeting of Shareholders, subject to continued service.

Industry Context

This filing is a routine disclosure related to insider transactions, common in publicly traded companies, and provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the director's ongoing equity stake in the company.

Key Dates