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Omega Healthcare (OHI) CEO Pickett redeems 112,500 OP Units for cash at $47.94

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PICKETT C TAYLOR reported open-market sale transactions in this Form 4 filing.

Omega Healthcare Investors CEO C. Taylor Pickett reported a redemption of 112,500 OP Units for cash. According to the filing, each OP Unit of OHI Healthcare Properties Limited Partnership was redeemed at $47.94, equal to the 10-day average closing price of the company’s common stock before the redemption notice.

Each OP Unit is redeemable, at the holder’s election, for cash equal to the fair market value of one share of common stock or, at the company’s election, one share of common stock and has no expiration date. After these transactions, Pickett also has OP Units representing an underlying 1,225,003 shares of common stock held directly.

Positive

  • None.

Negative

  • None.

Insights

CEO executes cash redemption of OP Units while retaining a large OP Unit position.

The filing shows CEO C. Taylor Pickett redeeming 112,500 OP Units for cash at $47.94 per unit. This is structured as a partnership unit redemption tied to the market value of Omega Healthcare Investors common stock rather than a direct stock sale.

Each OP Unit is economically linked to one share of common stock and is redeemable for either cash or stock, with no expiration date. The derivative summary shows additional OP Units representing 1,225,003 underlying shares held directly, indicating a substantial remaining exposure to the company’s equity-like instruments after this redemption.

From an investor’s perspective, this looks like a monetization of part of the CEO’s OP Unit holdings while maintaining a significant continuing stake. The overall impact appears routine based on the information provided, without explicit references to unusual circumstances or trading plans.

Insider PICKETT C TAYLOR
Role CHIEF EXECUTIVE OFFICER
Sold 112,500 shs ($0.00)
Type Security Shares Price Value
Sale OP Units 112,500 $0.00 $0.00
holding OP Units -- -- --
Holdings After Transaction: OP Units — 112,500 shares (Indirect, C. Taylor Pickett Trust); OP Units — 1,225,003 shares (Direct)
Footnotes (2)
  1. F1. The reporting person redeemed 112,500 units of limited partnership interest (each, an "OP Unit") in OHI Healthcare Properties Limited Partnership, of which Omega Healthcare Investors, Inc. (the "Company") is the general partner. Each OP Unit was redeemed for an amount of cash equal to the average of the daily closing price of the Company's common stock on the New York Stock Exchange for the 10 consecutive trading days immediately preceding the Company's receipt of the notice of redemption, or $47.94.
  2. 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 continued employment and accelerated vesting under certain circumstances. The OP Units have no expiration date.
OP Units redeemed 112,500 OP Units Units of limited partnership interest redeemed for cash
Redemption valuation per OP Unit $47.94 per unit Average 10-day closing price of common stock before notice
Underlying shares from direct OP Units 1,225,003 shares Underlying common stock linked to OP Units held directly
Exercise price of OP Units $0.00 OP Units redeemable for cash or stock with no expiration
OP Unit financial
"The reporting person redeemed 112,500 units of limited partnership interest (each, an "OP Unit")"
An op unit is shorthand for an operating unit — a distinct part of a company that runs day-to-day activities, such as manufacturing, sales, or a product line, with its own management and performance metrics. Investors care because each unit’s results show which parts of the business are profitable or struggling, much like checking individual rooms in a house to see where energy or costs are leaking, helping assess growth potential and risk.
limited partnership interest financial
"redeemed 112,500 units of limited partnership interest (each, an "OP Unit") in OHI Healthcare Properties Limited Partnership"
fair market value financial
"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"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
OHI Healthcare Properties Limited Partnership financial
"in OHI Healthcare Properties Limited Partnership, of which Omega Healthcare Investors, Inc. is the general partner"
general partner financial
"OHI Healthcare Properties Limited Partnership, of which Omega Healthcare Investors, Inc. is the general partner"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Omega Healthcare (OHI) report for CEO C. Taylor Pickett?

Omega Healthcare reported that CEO C. Taylor Pickett redeemed 112,500 OP Units for cash. The cash amount per unit equaled $47.94, based on the 10-day average closing price of the company’s common stock before the redemption notice.

At what price were the redeemed OP Units valued in the Omega Healthcare (OHI) Form 4?

Each redeemed OP Unit was valued at $47.94. This figure reflects the average of the daily closing prices of Omega Healthcare’s common stock over the 10 consecutive trading days preceding the company’s receipt of the redemption notice.

How are Omega Healthcare (OHI) OP Units described in the CEO’s Form 4 filing?

Each OP Unit represents a limited partnership interest redeemable for cash equal to the fair market value of one common share or, at the issuer’s election, one common share. The filing notes that these OP Units have no expiration date and are subject to continued employment conditions.

Does the Omega Healthcare (OHI) CEO still hold OP Units after the reported redemption?

Yes. The derivative holdings section shows additional OP Units linked to 1,225,003 underlying shares of common stock held directly. This indicates CEO C. Taylor Pickett retains a substantial OP Unit position even after redeeming 112,500 units for cash.

What entity is involved in the Omega Healthcare (OHI) OP Unit transaction reported for the CEO?

The redeemed units are interests in OHI Healthcare Properties Limited Partnership, where Omega Healthcare Investors, Inc. is the general partner. One transaction entry is noted as indirect, held through the "C. Taylor Pickett Trust" associated with the CEO.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PICKETT C TAYLOR

(Last)(First)(Middle)
303 INTERNATIONAL CIRCLE
SUITE 200

(Street)
HUNT VALLEY MARYLAND 21030

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OMEGA HEALTHCARE INVESTORS INC [ OHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CHIEF EXECUTIVE OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
OP Units(1)06/01/2026S(1)112,500 (2) (2)Common Stock112,500$0112,500IC. Taylor Pickett Trust
OP Units(1) (2) (2)Common Stock1,225,0031,225,003D
Explanation of Responses:
1. The reporting person redeemed 112,500 units of limited partnership interest (each, an "OP Unit") in OHI Healthcare Properties Limited Partnership, of which Omega Healthcare Investors, Inc. (the "Company") is the general partner. Each OP Unit was redeemed for an amount of cash equal to the average of the daily closing price of the Company's common stock on the New York Stock Exchange for the 10 consecutive trading days immediately preceding the Company's receipt of the notice of redemption, or $47.94.
2. 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 continued employment and accelerated vesting under certain circumstances. The OP Units have no expiration date.
/s/ Meghan C. Lyons, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)