Form 4: Sabra Health Care REIT Director Catherine Cusack Reports Stock Unit Acquisition and Disposal

Director Catherine Cusack reported the acquisition of 729 stock units and disposal of stock units in Sabra Health Care REIT, Inc. due to dividend equivalent payments.

Summary

• Catherine Cusack, a director of Sabra Health Care REIT, Inc., reported a transaction involving the company's common stock on February 29, 2024.
• She acquired 729 shares of common stock through dividend equivalent payments related to previously granted stock units.
• These stock units were credited under the Issuer's 2009 Performance Incentive Plan.
• The price of the acquired stock was $0.
• Following the transaction, Cusack beneficially owns 39,385 shares of common stock, which includes 4,052 unvested stock units and 30,333 stock units with deferred payment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine compensation and alignment of director interests with shareholders through stock ownership.

Positives

• The acquisition of stock units through dividend equivalent payments indicates the director's continued stake in the company's performance.

Future Outlook

The stock units will vest and become payable on the same terms as the original stock units to which they relate.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the director's stake in the company.

Key Dates