STOCK TITAN

Director Lynne Katzmann receives 781 SBRA stock units under 2009 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sabra Health Care REIT, Inc. director Lynne S. Katzmann acquired 781 common stock units on February 27, 2026 as a grant credited in the form of dividend-equivalent payments under the company’s 2009 Performance Incentive Plan. The units were calculated using the market value of Sabra’s common stock on the dividend payment date and were issued at a price of $0.00 per unit.

After this award, Katzmann directly holds a total of 76,994 stock units. This total includes 2,854 unvested stock units and 51,345 stock units that have already vested but for which payment has been deferred. Each stock unit represents the right to receive one share of Sabra’s common stock, and the new units will vest and become payable on the same terms as the original stock units they track.

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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*
KATZMANN LYNNE S

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 781(1) A $0 76,994(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 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.
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.

FAQ

What did Sabra Health Care REIT (SBRA) report in this Form 4?

Sabra Health Care REIT reported that director Lynne S. Katzmann received 781 stock units as dividend-equivalent credits under the 2009 Performance Incentive Plan, increasing her total directly held stock units to 76,994 following the transaction.

Was the insider Form 4 transaction in SBRA a purchase or a grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. The 781 stock units were credited as dividend-equivalent payments under Sabra’s 2009 Performance Incentive Plan at a stated price of $0.00 per unit.

How many Sabra (SBRA) stock units does Lynne S. Katzmann hold after this award?

After the award, Lynne S. Katzmann directly holds 76,994 stock units. This total includes 2,854 unvested units and 51,345 vested but deferred units, each representing the right to receive one share of Sabra’s common stock.

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

Dividend-equivalent stock units are stock units credited based on dividends paid on previously granted units. In this case, 781 units were calculated using the market value of Sabra’s common stock on the dividend payment date and follow the same vesting terms as the related units.

Do the new SBRA stock units for Lynne S. Katzmann vest immediately?

The 781 newly credited stock units do not vest on different terms. They will vest and become payable on the same schedule and conditions as the original stock units to which these dividend-equivalent units relate, according to the disclosure.

What plan governs the stock units reported in the Sabra (SBRA) Form 4?

The reported stock units are outstanding under Sabra’s 2009 Performance Incentive Plan. The 781 new units were credited as dividend-equivalent payments on previously granted stock units that are already outstanding under this plan.
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