Sabra director granted 781 stock units in award
Catherine Cusack, a director of Sabra Health Care REIT, Inc., reported an acquisition of 781 shares of common stock on the basis of dividend equivalent payments on previously granted stock units.
Rhea-AI Filing Summary
Catherine Cusack, a director of Sabra Health Care REIT, Inc., reported an acquisition of 781 shares of common stock on the basis of dividend equivalent payments on previously granted stock units. The award was priced at $0.00 per share, reflecting a stock unit credit rather than a cash purchase.
After this transaction, Cusack’s direct holdings increased to 72,929 stock units and shares, including 2,854 unvested stock units and 51,345 vested stock units with deferred payment. Each stock unit represents the right to receive one share of Sabra’s common stock under the company’s 2009 Performance Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 781 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents stock units credited to the reporting person in the form of dividend equivalent payments on stock units previously granted to the reporting person that are outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis of the market value of the Issuer's common stock on the dividend payment date. These units will vest and become payable on the same terms as the original stock units to which they relate.
- F2. Includes 2,854 unvested stock units and 51,345 stock units that have vested but the payment of which has been deferred. Each stock unit represents the right to receive one share of the Issuer's Common Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sabra Health Care REIT (SBRA) report for Catherine Cusack?
Was Catherine Cusack’s Sabra Health Care REIT (SBRA) Form 4 transaction a stock purchase or a grant?
What are dividend equivalent stock units in the Sabra Health Care REIT (SBRA) Form 4?
When will the new Sabra Health Care REIT (SBRA) stock units granted to Catherine Cusack vest and be payable?
AI-generated analysis. How Rhea-AI works. Not financial advice.