Omega Healthcare (OHI) awards PIUs to Chief Accounting Officer
Rhea-AI Filing Summary
Omega Healthcare Investors reported an equity compensation grant to its Chief Accounting Officer, Neal Ballew. On January 8, 2026, Ballew was awarded 59,449 Profits Interest Units (PIUs) and a separate grant of 22,480 PIUs in OHI Healthcare Properties Limited Partnership, the operating partnership for the company. Each PIU represents a contingent right to receive one OP Unit, which is a limited partnership interest, once vesting and certain tax-related conditions are met.
The PIUs were earned, but not yet vested, based on Absolute and Relative Total Shareholder Return over the 2023–2025 performance period, as certified by the compensation committee. According to the award terms, 25% of the PIUs earned for this period will vest at the end of each quarter of 2026, subject to continued employment and possible accelerated vesting upon certain events.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Profits Interest Units | 59,449 | $0.00 | $0.00 |
| Grant/Award | Profits Interest Units | 22,480 | $0.00 | $0.00 |
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 (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. The PIUs have been earned, but not yet vested, based on Absolute Total Shareholder Return for the 2023-2025 performance period, as certified by the Compensation Committee as of January 8, 2026
- F3. 25% of the PIUs earned based on the 2023-2025 performance period will vest at the end of each quarter of 2026, subject to continued employment and accelerated vesting upon certain events.
- F4. The PIUs have been earned, but not yet vested, based on Relative Total Shareholder Return for the 2023-2025 performance period, as certified by the Compensation Committee as of January 8, 2026.
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FAQ
Who received equity awards in Omega Healthcare Investors (OHI) according to this filing?
The filing shows that Neal Ballew, Chief Accounting Officer of Omega Healthcare Investors, Inc., received equity-based awards in the form of Profits Interest Units in the company’s operating partnership.
What type of securities were granted to the Omega Healthcare (OHI) executive?
The executive was granted Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership, the operating partnership where Omega Healthcare Investors is the general partner. Each PIU can convert into one OP Unit upon vesting and meeting tax-driven economic requirements.
How many Profits Interest Units were awarded in this Omega Healthcare (OHI) Form 4?
The Form 4 reports two grants on January 8, 2026: one for 59,449 Profits Interest Units and another for 22,480 Profits Interest Units, both reported as acquired at a price of $0 per unit.
What performance period determined the Profits Interest Units for the Omega Healthcare (OHI) executive?
The PIUs were earned based on the company’s 2023–2025 performance period. One grant is tied to Absolute Total Shareholder Return and another to Relative Total Shareholder Return, each certified by the Compensation Committee as of January 8, 2026.
When do the Profits Interest Units granted by Omega Healthcare (OHI) vest?
The filing states that 25% of the PIUs earned for the 2023–2025 performance period will vest at the end of each quarter of 2026, subject to continued employment and with provisions for accelerated vesting in certain events.
Do the OP Units underlying the Profits Interest Units at Omega Healthcare (OHI) expire?
According to the disclosure, the underlying OP Units do not expire. The PIUs represent a contingent right to receive OP Units upon vesting and satisfaction of specified tax-driven economic requirements.