Form 4: Sabra Health Care REIT CEO Richard Matros Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Richard K. Matros, Chair, CEO, and President of Sabra Health Care REIT, Inc., reports acquisition of stock units and adjustments to beneficial ownership.

Summary

  • Richard K. Matros, the Chair, CEO, and President of Sabra Health Care REIT, Inc., filed a Form 4 on September 04, 2024.
  • The report details changes in his beneficial ownership of the company's common stock.
  • On August 30, 2024, Matros acquired 12,159 shares of common stock through dividend equivalent payments on previously granted stock units.
  • These stock units were acquired at a price of $0.
  • Following the reported transaction, Matros directly owns 702,768 shares of common stock.
  • Matros also indirectly owns 1,472,841 shares through the R&A Matros Revocable Trust.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing, indicating routine transactions. The sentiment is neutral as it primarily reflects compliance with regulatory requirements.

Positives

  • The acquisition of stock units through dividend equivalent payments increases Matros's stake in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Sabra Health Care REIT, which is relevant to investors monitoring insider activity.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the holdings of a key executive.

Key Dates

DateDescription
2024-06-13Date of Power of Attorney execution.
2024-08-30Date of stock units acquisition.
2024-09-04Date of Form 4 filing.

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