Omega Healthcare (OHI) CAO adds ESPP shares and reports major PIU vesting
Rhea-AI Filing Summary
Omega Healthcare Investors' chief accounting officer Neal Ballew reported routine equity compensation activity and an employee share purchase. He acquired 168 shares of common stock at $37.25 per share through the company’s Employee Stock Purchase Plan, while 11 shares at $47.68 were surrendered to the issuer to cover tax withholding obligations related to that purchase. Following these transactions, he directly holds 4,676 common shares.
On June 30, 2026, Ballew also exercised equity-based awards. A total of 40,964 Profits Interest Units vested and converted into Operating Partnership units and then into common stock, tied to absolute and relative total shareholder return performance for the 2023–2025 period. After these conversions, he continues to hold 168,804 OP Units and 89,333 Profits Interest Units, reflecting substantial remaining equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 157 shares
Net Buy
6 txns
Insider
Ballew Neal
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 168 | $37.25 | $6K |
| Disposition | Common Stock | 11 | $47.68 | $524.48 |
| 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 — 83,713 shares (Direct);
OP Units — 168,804 shares (Direct);
Common Stock — 4,665 shares (Direct)
Footnotes (6)
- F1. These shares were purchased via the Company's Employee Stock Purchase Plan ("ESPP").
- F2. Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the acquisition of shares under the ESPP.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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
ESPP shares acquired: 168 shares at $37.25
Shares surrendered for taxes: 11 shares at $47.68
Common shares held: 4,676 shares
+3 more
6 metrics
ESPP shares acquired
168 shares at $37.25
Common stock purchased under Employee Stock Purchase Plan
Shares surrendered for taxes
11 shares at $47.68
Common stock surrendered to issuer for tax withholding
Common shares held
4,676 shares
Direct common stock ownership after reported transactions
Profits Interest Units vested
40,964 units
PIUs vesting and converting into OP Units and common stock
OP Units remaining
168,804 units
OP Unit balance after conversions on June 30, 2026
Profits Interest Units remaining
89,333 units
PIU balance after vesting events tied to 2023–2025 TSR
Key Terms
Employee Stock Purchase Plan, Profits Interest Units, OP Units, Absolute Total Shareholder Return, +1 more
5 terms
Employee Stock Purchase Plan financial
"These shares were purchased via the Company's Employee Stock Purchase Plan ("ESPP")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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 equal to the then fair market value"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Omega Healthcare (OHI) executive Neal Ballew report in this Form 4?
Neal Ballew reported routine equity compensation and an employee stock purchase. He acquired shares through the Employee Stock Purchase Plan, had a small tax-related share disposition, and reported vesting and conversion of Profits Interest Units into Operating Partnership units and common stock.
What is the Employee Stock Purchase Plan mentioned in Neal Ballew’s OHI filing?
The Employee Stock Purchase Plan allows eligible employees to buy company stock, often at a discount. In this filing, 168 Omega Healthcare shares were purchased for Neal Ballew under the ESPP, and some shares were surrendered to the issuer to cover related tax withholding obligations.
What are Profits Interest Units and OP Units in the Omega Healthcare (OHI) Form 4?
Profits Interest Units are partnership interests that can vest into OP Units. Each OP Unit is redeemable for cash equal to one share’s fair market value or, at the issuer’s election, one common share, providing a performance-based and tax-driven equity-linked incentive structure for participants.
How many equity-linked units does Neal Ballew retain after these OHI transactions?
After the reported vesting and conversions, Neal Ballew retains 168,804 OP Units and 89,333 Profits Interest Units. These positions, in addition to his common stock holdings, indicate ongoing exposure to Omega Healthcare’s performance through partnership and profits interests.