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

Director Michael J. Foster reports acquisition of 1,040 shares of Sabra Health Care REIT, Inc. common stock through dividend equivalent payments.

Summary

• On February 29, 2024, Michael J. Foster, a director of Sabra Health Care REIT, Inc., acquired 1,040 shares of common stock.
• The acquisition was due to dividend equivalent payments on previously granted stock units under the company's 2009 Performance Incentive Plan.
• The price per share was $0.
• Following the transaction, Foster directly owns 73,923 shares of common stock, which includes 4,052 unvested stock units and 45,042 stock units that have vested but the payment of which has been deferred.
• Foster also indirectly owns 42,411.745 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine insider activity related to equity compensation. There are no indications of negative events or concerns.

Positives

• The acquisition of shares through dividend equivalent payments reflects the company's commitment to its equity compensation plans.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by a director.

Key Dates