Form 4: Sabra Health Care REIT CEO Richard Matros Reports Stock Transactions
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
| Date | Description |
|---|---|
| 2024-06-13 | Date of Power of Attorney execution. |
| 2024-08-30 | Date of stock units acquisition. |
| 2024-09-04 | Date of Form 4 filing. |
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