Sabra Health Care (SBRA) EVP credited 478 dividend stock units

Rhea-AI Filing Summary

Sabra Health Care REIT, Inc. reported that Executive VP, CIO & Secretary Darrin Smith acquired 478 common stock units on February 27, 2026 as a grant/award. These units were credited as dividend-equivalent stock units based on the market value on the dividend payment date and carry no cash purchase price.

After this award, Smith directly holds 115,923 common shares/units, including 33,186 stock units that will settle one-for-one in Sabra common stock. The new dividend-equivalent units will vest and become payable on the same schedule as the original stock units they track.

Insider Trade Summary

Net Buyer: 478 shares

Net Buy 1 txn

Insider Smith Darrin

Role Executive VP, CIO & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	478	$0.00	$0.00

Holdings After Transaction: Common Stock — 115,923 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 33,186 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 02:23 PM Learn about SEC filing dates

FAQ

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

Sabra Health Care REIT disclosed that Executive VP, CIO & Secretary Darrin Smith received 478 common stock units as a grant. These were dividend-equivalent units credited based on Sabra’s stock price on the dividend payment date, with no cash purchase involved.

How many Sabra (SBRA) shares and units does Darrin Smith hold after this Form 4?

After the reported grant, Darrin Smith directly holds 115,923 Sabra common shares/units. This total includes 33,186 stock units that, upon settlement, will be paid on a one-for-one basis in shares of Sabra’s common stock.

What are dividend-equivalent stock units in the Sabra (SBRA) Form 4 filing?

The filing describes dividend-equivalent stock units as stock units credited to the reporting person based on dividend payments. They are calculated using Sabra’s common stock market value on the dividend payment date and follow the same vesting and payment terms as the original stock units.

Under which plan were the new stock units for Sabra (SBRA) executive Darrin Smith granted?

The 478 stock units were credited under Sabra’s 2009 Performance Incentive Plan. They arise from dividend-equivalent payments on previously granted stock units that remain outstanding, aligning their vesting and payout timing with the original awards they are linked to.

Do the new Sabra (SBRA) stock units for Darrin Smith have immediate vesting?

The new stock units do not vest immediately; they will vest and become payable on the same terms as the original stock units they relate to. This means their vesting schedule mirrors that of the underlying prior awards already outstanding.

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 CA 92782

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

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

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	02/27/2026		A		478(1)	A	$0	115,923(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 33,186 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	03/03/2026
	** 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.