Form 4: Sabra Health Care REIT Executive VP, CFO & Secretary Michael Lourenco Costa Reports Changes in Beneficial Ownership

Michael Lourenco Costa, Executive VP, CFO & Secretary of Sabra Health Care REIT, Inc., reports acquisition of 3,858 shares of common stock due to dividend equivalent payments and adjustments to holdings in IRA accounts.

Summary

• On February 28, 2025, Michael Lourenco Costa, Executive VP, CFO & Secretary of Sabra Health Care REIT, Inc., reported changes in beneficial ownership.
• Costa acquired 3,858 shares of common stock due to dividend equivalent payments on previously granted stock units.
• These stock units were credited under the Issuer's 2009 Performance Incentive Plan and will vest and become payable on the same terms as the original stock units.
• The reporting person's direct holdings of common stock increased to 344,613 shares.
• Costa also reported indirect ownership of 784 shares through his IRA and 207 shares through his spouse's IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a routine disclosure of stock ownership changes. The acquisition of shares through dividend equivalents is a slightly positive sign, but not significantly impactful.

Positives

• The acquisition of shares through dividend equivalent payments indicates a continued investment in the company by the executive.
• The increase in direct ownership suggests confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the reporting of stock unit acquisitions suggests continued participation in the company's incentive plans.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is common in publicly traded companies. It provides transparency into the holdings and transactions of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a key executive.
• It assures stakeholders that executives are aligned with the company's performance through stock-based compensation.

Key Dates