Omega Healthcare (NYSE: OHI) CLO awarded 11,407 PIU units in LP plan
Rhea-AI Filing Summary
Omega Healthcare Investors’ chief legal officer, Gail D. Makode, reported an award of 11,407 Profits Interest Units (PIUs) in OHI Healthcare Properties Limited Partnership on 01/13/2026 at a price of $0 per unit. Following this grant, she beneficially owns 121,684 derivative securities tied to partnership units. Each PIU can convert into one OP Unit, and each OP Unit is redeemable at the holder’s election for cash equal to the fair market value of one share of Omega Healthcare common stock, or, at the issuer’s election, one share of common stock. The award is subject to a three-year cliff vesting on 12/31/2028, requiring continued employment through that date, and the OP Units have no expiration date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Profits Interest Units | 11,407 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU represents a contingent right to receive one (1) unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. OP Units do not expire.
- F2. Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one (1) share of Issuer common stock, or at the Issuer's election, one (1) share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. The OP Units have no expiration date.
- F3. Subject to three-year vesting cliff on 12/31/2028 and subject to continued employment on the vesting date with certain exceptions for qualifying termination of employment. OP Units do not expire.
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FAQ
What insider transaction did OHI’s chief legal officer report on this Form 4?
Omega Healthcare Investors’ chief legal officer, Gail D. Makode, reported an award of 11,407 Profits Interest Units (PIUs) in OHI Healthcare Properties Limited Partnership dated 01/13/2026.
How many Profits Interest Units were granted to the OHI officer and at what price?
The officer was granted 11,407 PIUs at a price of $0 per unit, as indicated by transaction code “A” for an acquisition of derivative securities.
What is the total number of derivative securities the OHI officer owns after this transaction?
After the reported award, the officer beneficially owns 121,684 derivative securities related to OP Units in the operating partnership.
When do the granted PIUs tied to Omega Healthcare vest?
The PIUs are subject to a three-year vesting cliff on 12/31/2028, requiring continued employment through the vesting date, with certain exceptions for qualifying termination of employment.
What can each OP Unit underlying the OHI PIUs be exchanged for?
Each OP Unit is redeemable at the holder’s election for cash equal to the then fair market value of one share of Omega Healthcare common stock or, at the issuer’s election, one share of common stock, with no expiration date.