Form 4: Sabra Health Care REIT Director Michael Foster Reports Changes in Beneficial Ownership

Director Michael Foster reports changes in beneficial ownership of Sabra Health Care REIT stock due to dividend equivalent payments and holdings in a 401(k) plan.

Summary

• On August 30, 2024, Michael Foster, a director of Sabra Health Care REIT, Inc., reported changes in his beneficial ownership of the company's common stock.
• He acquired 889 shares through dividend equivalent payments related to previously granted stock units under the company's 2009 Performance Incentive Plan.
• These stock units will vest and become payable under the same terms as the original stock units.
• Foster's direct holdings include 75,303 shares, which includes 8,039 unvested stock units and 43,472 stock units that have vested but the payment of which has been deferred.
• He also indirectly owns 42,411.745 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that directors' interests are aligned with shareholders through stock ownership.

Key Dates