Form 4: Sabra Health Care REIT Executive VP Jessica Flores Reports Stock Unit Acquisition

Executive VP & CAO of Sabra Health Care REIT, Jessica Flores, reports the acquisition of 397 stock units due to dividend equivalent payments.

Summary

• Jessica Flores, Executive VP & CAO of Sabra Health Care REIT, filed a Form 4 on June 4, 2024.
• The report details a transaction on May 31, 2024, where Ms. Flores acquired 397 shares of common stock.
• These shares were acquired as dividend equivalent payments on previously granted stock units under the company's 2009 Performance Incentive Plan.
• The stock units will vest and become payable under the same terms as the original stock units.
• Following the transaction, Ms. Flores beneficially owns 59,629 shares of common stock, including 19,734 stock units that will be paid on a one-for-one basis in shares of the Issuer's Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock unit acquisition due to dividend equivalent payments, indicating a neutral sentiment.

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 transaction provides transparency to shareholders regarding executive compensation.

Key Dates