Form 4: Sabra Health Care REIT Director Acquires and Disposes of Shares Through Dividend Equivalent Payments

Director Clifton J. Porter II acquired 754 shares of Sabra Health Care REIT through dividend equivalent payments and disposed of the same amount, leaving a total of 36,102 shares beneficially owned.

Summary

• On February 29, 2024, Clifton J. Porter II, a director of Sabra Health Care REIT, Inc., engaged in transactions involving the company's common stock.
• Porter acquired 754 shares through dividend equivalent payments related to previously granted stock units under the company's 2009 Performance Incentive Plan.
• The acquisition price was $0, reflecting the nature of dividend equivalent payments.
• Concurrently, Porter disposed of 754 shares.
• Following these transactions, Porter beneficially owns 36,102 shares of Sabra Health Care REIT, Inc., which includes 4,052 unvested stock units and 31,526 vested stock units with deferred payment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares related to dividend equivalent payments.

Key Dates