Omega Healthcare (NYSE: OHI) CEO awarded 57,331 profits units vesting 2028
Rhea-AI Filing Summary
Omega Healthcare Investors Inc. reported that Chief Executive Officer and director C. Taylor Pickett received an award of 57,331 Profits Interest Units (PIUs) in OHI Healthcare Properties Limited Partnership on 01/13/2026. Each PIU represents a contingent right to receive one limited partnership unit (an OP Unit) upon vesting and meeting certain tax-related economic requirements.
Each OP Unit is redeemable, at the holder’s election, for cash equal to the fair market value of one share of Omega common stock, or, at Omega’s election, one share of its common stock, and the OP Units have no expiration date. The award is subject to a three-year vesting cliff on 12/31/2028, conditioned on continued employment with specified exceptions, and brings Pickett’s total beneficially owned derivative securities to 569,974 OP Units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Profits Interest Units | 57,331 | $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 Omega Healthcare (OHI) disclose for the CEO?
Omega Healthcare Investors Inc. disclosed that Chief Executive Officer and director C. Taylor Pickett was granted 57,331 Profits Interest Units (PIUs) in OHI Healthcare Properties Limited Partnership on 01/13/2026, reported as an acquisition of derivative securities at a price of $0 per unit.
What are the Profits Interest Units reported in the Omega (OHI) Form 4?
The reported securities are Profits Interest Units (PIUs) in OHI Healthcare Properties Limited Partnership. Each PIU gives a contingent right to receive one OP Unit upon vesting and satisfaction of certain tax-driven economic requirements, and the OP Units do not expire.
What is the vesting schedule for the CEO’s Omega (OHI) Profits Interest Units?
The 57,331 PIUs granted to the CEO are subject to a three-year vesting cliff on 12/31/2028, requiring continued employment on the vesting date, with certain exceptions for qualifying terminations of employment, and the related OP Units do not expire.
How many derivative securities does the Omega (OHI) CEO own after this Form 4 transaction?
Following the reported grant, C. Taylor Pickett beneficially owns 569,974 derivative securities (OP Units) related to Omega Healthcare Investors Inc., held with direct ownership.
What roles does the reporting person hold at Omega Healthcare (OHI)?
The reporting person, C. Taylor Pickett, is listed as both a Director and an Officer, serving as Chief Executive Officer of Omega Healthcare Investors Inc.