Form 4: Sabra Health Care REIT Director Michael J. Foster Reports Stock Transactions
SEC Form 4 Filing
Director Michael J. Foster of Sabra Health Care REIT reported acquiring 826 common stock units and holding 42,411.745 shares indirectly through a 401(k) plan.
Summary
- Michael J. Foster, a director at Sabra Health Care REIT, reported a transaction involving the company's common stock.
- On November 29, 2024, Foster acquired 826 common stock units as dividend equivalent payments.
- These units are related to previously granted stock units and will vest under the same terms.
- Foster also indirectly holds 42,411.745 shares of common stock through a 401(k) plan.
- The reported transactions also include 5,718 unvested stock units and 46,619 vested but deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing of stock transactions by a company director, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions, which is common for publicly traded companies. It provides transparency into the holdings of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The reported transactions are typical for directors who receive stock-based compensation and participate in company benefit plans.
- The level of detail provided is consistent with SEC requirements for Form 4 filings.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock holdings of a company director.
- The transactions are not expected to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/29/2024 | Date of the reported stock transaction. |
| 12/03/2024 | Date the Form 4 was signed. |
Keywords
Sabra Health Care REIT, stock transaction, Form 4, director, Michael J. Foster, common stock, dividend equivalent, stock units, 401k
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