Omega Healthcare (NYSE: OHI) president exercises 40,964 performance-based partnership units
Rhea-AI Filing Summary
OMEGA HEALTHCARE INVESTORS INC President Matthew Paul Gourmand exercised performance-based equity awards into partnership interests on June 30, 2026. He converted a total of 40,964 Profits Interest Units and OP Units through derivative exercises linked to the company’s 2023–2025 Absolute and Relative Total Shareholder Return performance, with no share sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
40,964 shares exercised/converted
Exercise
4 txns
Insider
Gourmand Matthew Paul
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Profits Interest Units | 14,862 | $0.00 | $0.00 |
| Exercise | Profits Interest Units | 5,620 | $0.00 | $0.00 |
| Exercise | OP Units | 14,862 | $0.00 | $0.00 |
| Exercise | OP Units | 5,620 | $0.00 | $0.00 |
Holdings After Transaction:
Profits Interest Units — 119,802 shares (Direct);
OP Units — 232,358 shares (Direct)
Footnotes (4)
- 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 unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements.
- F2. Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. The OP Units have no expiration date.
- F3. Represents 25% of the PIUs that vested into OP Units at the end of each calendar quarter in 2026 based on the Absolute Total Shareholder Return for the 2023-2025 performance period, subject to continued employment and accelerated vesting under certain circumstances, as certified by the Compensation Committee on January 8, 2026.
- F4. Represents 25% of the PIUs that vested into OP Units at the end of each calendar quarter in 2026 based on the Relative Total Shareholder Return for the 2023-2025 performance period, subject to continued employment and accelerated vesting under certain circumstances, as certified by the Compensation Committee on January 8, 2026.
Key Figures
Total units exercised: 40,964 units
First OP Unit exercise: 5,620 units
Second OP Unit exercise: 14,862 units
+4 more
7 metrics
Total units exercised
40,964 units
Derivative exercises on June 30, 2026
First OP Unit exercise
5,620 units
OP Units acquired via derivative exercise
Second OP Unit exercise
14,862 units
Additional OP Units acquired via derivative exercise
First PIU conversion
5,620 units
Profits Interest Units converting into OP Units
Second PIU conversion
14,862 units
Additional Profits Interest Units converting into OP Units
OP Units post first transaction
232,358 units
OP Units directly owned after one exercise line
PIUs post second transaction
125,422 units
Profits Interest Units directly owned after one conversion line
Key Terms
Profits Interest Units, OP Units, Absolute Total Shareholder Return, Relative Total Shareholder Return, +1 more
5 terms
Profits Interest Units financial
"Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership"
OP Units financial
"Each OP Unit is redeemable at the election of the holder for cash"
OP units are ownership stakes in an operating partnership that sits beneath a public parent company, commonly used by real estate and energy firms to hold assets and distributions. Think of them like special shares in a subsidiary: they give economic rights to profits and cash payouts but are structured differently from the parent’s common stock, so investors watch OP unit issuance because it can change the effective ownership, future distributions, and potential dilution of the parent company’s equity.
Compensation Committee financial
"as certified by the Compensation Committee on January 8, 2026"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did OHI President Matthew Paul Gourmand report in this Form 4?
He reported exercising derivative awards into Profits Interest Units and OP Units totaling 40,964 units on June 30, 2026. These units stem from performance-based incentives tied to Omega Healthcare Investors’ 2023–2025 shareholder return metrics and represent compensation-related equity, not open-market trades.
How many units did Matthew Paul Gourmand exercise in OHI awards?
He exercised derivative awards covering 40,964 units in total, split between Profits Interest Units and OP Units. Each Profits Interest Unit can vest into an OP Unit when performance and tax-related conditions are met, aligning his compensation with long-term shareholder returns.
What are Profits Interest Units (PIUs) in Omega Healthcare Investors (OHI)?
Profits Interest Units are equity-based awards in OHI’s operating partnership that may convert into OP Units after vesting. Vesting depends on performance metrics such as Absolute and Relative Total Shareholder Return and continued employment, as certified by the Compensation Committee on January 8, 2026.
What are OP Units and how do they relate to OHI common stock?
OP Units are partnership units in OHI Healthcare Properties Limited Partnership. Each OP Unit is redeemable at the holder’s election for cash equal to the fair market value of one Omega Healthcare Investors common share or, at the issuer’s election, one share of common stock, with no expiration date.
Were any open-market purchases or sales of OHI stock reported?
No open-market purchases or sales were reported. All transactions were coded as derivative exercises (code M), converting Profits Interest Units and OP Units under existing awards. The filing shows compensation-related equity vesting rather than discretionary buying or selling of Omega Healthcare Investors common stock.