Sabra Health Care REIT (SBRA) director granted 8,310 stock units and updates holdings
Rhea-AI Filing Summary
FOSTER MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
Sabra Health Care REIT director Michael J. Foster reported a new equity award and updated holdings. He received a grant of 8,310 shares of common stock as a restricted stock unit award at a stated price of $0.00 per share, increasing his direct ownership to 82,043 shares after the award. The units were granted under the company’s 2009 Performance Incentive Plan and will vest in equal monthly installments beginning on July 17, 2026 and ending on the earlier of June 17, 2027 or the day before the next annual stockholders’ meeting. The filing also shows 42,411.745 shares held indirectly through a 401(k) plan and notes that his equity mix includes 8,310 unvested stock units and 55,016 vested but deferred stock units, each representing the right to receive one share of common stock.
Positive
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Negative
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Insights
Routine director equity grant with staged vesting and deferred units.
Director Michael J. Foster received 8,310 restricted stock units at a stated price of $0.00 per share, bringing direct holdings to 82,043 shares. This appears to be a standard equity award under Sabra Health Care REIT’s 2009 Performance Incentive Plan.
The footnotes show a structured vesting schedule from July 17, 2026 through the earlier of June 17, 2027 or the day before the next annual stockholders’ meeting, plus 55,016 vested units with deferred payment. This design ties compensation to ongoing board service and long-term share performance.
The filing also reports 42,411.745 shares held indirectly via a 401(k) plan and a mix of unvested and deferred units. Overall, this looks like routine, compensation-driven equity accumulation rather than an open-market transaction, so the informational signal for investors is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,310 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Grant of restricted stock units under the Issuer's 2009 Performance Incentive Plan. The units vest in equal monthly installments beginning July 17, 2026 and ending on the earlier of June 17, 2027 or the day before the date of the next annual stockholders' meeting. Includes 8,310 unvested stock units and 55,016 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.
Key Figures
Key Terms
restricted stock units financial
2009 Performance Incentive Plan financial
vest in equal monthly installments financial
deferred financial
401(k) Plan financial
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