Sabra (NASDAQ: SBRA) EVP Darrin Smith awarded 501 dividend-equivalent shares

Rhea-AI Filing Summary

Sabra Health Care REIT, Inc. Executive VP, CIO & Secretary Darrin Smith reported a compensation-related stock grant. On May 29, 2026, he acquired 501 shares of Common Stock at no cost through stock units credited as dividend equivalent payments on previously granted units.

After this award, Smith directly holds 116,424 shares, including 33,687 stock units that will be settled one-for-one in common shares under the company’s 2009 Performance Incentive Plan. This filing reflects routine equity compensation rather than an open-market purchase or sale.

Insider Trade Summary

Net Buyer: 501 shares

Net Buy 1 txn

Insider Smith Darrin

Role Executive VP, CIO & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	501	$0.00	$0.00

Holdings After Transaction: Common Stock — 116,424 shares (Direct)

Footnotes (2)

1. 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.
2. F2. Includes 33,687 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.

Key Figures

Stock grant: 501 shares Post-transaction holdings: 116,424 shares Outstanding stock units: 33,687 units +1 more

4 metrics

Stock grant 501 shares Common Stock granted May 29, 2026 as dividend-equivalent units

Post-transaction holdings 116,424 shares Total Common Stock directly held after the grant

Outstanding stock units 33,687 units Stock units payable one-for-one in Common Stock upon settlement

Grant price $0.00 per share Awarded as a compensation-related grant, not bought in the market

Key Terms

dividend equivalent payments, 2009 Performance Incentive Plan, stock units, settlement

4 terms

dividend equivalent payments financial

"Represents stock units credited to the reporting person in the form of dividend equivalent payments on stock units previously granted"

2009 Performance Incentive Plan financial

"outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis of the market value"

stock units financial

"Includes 33,687 stock units that, upon settlement, will be paid on a one-for-one basis in shares"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

settlement financial

"stock units that, upon settlement, will be paid on a one-for-one basis in shares"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/02/2026 - 03:18 PM Accepted by SEC EDGAR 06/02/2026 - 03:13 PM Learn about SEC filing dates

FAQ

What insider transaction did Sabra Health Care REIT (SBRA) report for Darrin Smith?

Sabra Health Care REIT reported that Executive VP, CIO & Secretary Darrin Smith received a grant of 501 shares of Common Stock on May 29, 2026. The shares came through stock units credited as dividend equivalent payments, not an open-market purchase.

Was the SBRA Form 4 transaction a market purchase or sale by Darrin Smith?

The Form 4 shows a grant or award acquisition, not a market trade. Smith received 501 shares at a price of $0.00 per share as dividend-equivalent stock units under Sabra’s 2009 Performance Incentive Plan, reflecting routine equity compensation.

How many Sabra Health Care REIT shares does Darrin Smith hold after this Form 4?

Following the reported grant, Darrin Smith holds 116,424 shares of Sabra Health Care REIT Common Stock directly. This total includes both previously held shares and stock units that will settle into shares on a one-for-one basis under the incentive plan.

What are the 501 SBRA shares reported in Darrin Smith’s Form 4 related to?

The 501 shares represent stock units credited as dividend equivalent payments on previously granted stock units. They are calculated using the market value of Sabra’s common stock on the dividend payment date and will vest and pay out on the same terms as the original units.

What does the footnote about 33,687 SBRA stock units mean for Darrin Smith?

The footnote states that 33,687 stock units held by Darrin Smith will be paid on a one-for-one basis in Sabra’s Common Stock upon settlement. These units are part of his equity awards outstanding under the 2009 Performance Incentive Plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Darrin

(Last) (First) (Middle)

C/O SABRA HEALTH CARE REIT, INC.

1781 FLIGHT WAY

(Street)

TUSTIN CALIFORNIA 92782

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sabra Health Care REIT, Inc. [ SBRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP, CIO & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/29/2026		A		501(1)	A	$0	116,424(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Includes 33,687 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.

Remarks:

	/s/ Michael Costa, as Attorney-in-Fact	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)