STOCK TITAN

Sabra Health Care (SBRA) director gifts shares and receives stock units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sabra Health Care REIT director Michael J. Foster reported routine share and stock unit changes. He made a bona fide gift of 500 shares of common stock and received 817 additional stock units credited as dividend equivalent payments under the company’s 2009 Performance Incentive Plan.

After these transactions, he directly holds 73,733 shares of common stock and indirectly holds 42,411.745 shares through a 401(k) plan. Footnotes also note 726 unvested stock units and 54,290 vested but deferred stock units, each representing the right to receive one share of common stock.

Positive

  • None.

Negative

  • None.
Insider FOSTER MICHAEL J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 817 $0.00 $0.00
Gift Common Stock 500 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 73,733 shares (Direct); Common Stock — 42,411.745 shares (Indirect, 401(k) Plan)
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 726 unvested stock units and 54,290 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.
Gifted shares 500 shares Bona fide gift of common stock on May 29, 2026
Stock units acquired 817 stock units Dividend equivalent payments under 2009 Performance Incentive Plan
Direct holdings after transactions 74,233 shares Common stock directly held following May 29, 2026 transactions
Indirect 401(k) holdings 42,411.745 shares Common stock held indirectly through a 401(k) plan
Unvested stock units 726 units Unvested stock units outstanding under equity plan
Vested deferred stock units 54,290 units Vested stock units with payment deferred; each unit equals one share
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
dividend equivalent payments financial
"stock units credited in the form of dividend equivalent payments on stock units"
2009 Performance Incentive Plan financial
"outstanding under the Issuer's 2009 Performance Incentive Plan"
stock units financial
"Each stock unit represents the right to receive one share"
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.
deferred financial
"54,290 stock units that have vested but the payment of which has been deferred"

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FAQ

What insider transactions did SBRA director Michael J. Foster report?

Michael J. Foster reported a bona fide gift of 500 shares of Sabra Health Care REIT common stock and an acquisition of 817 stock units credited as dividend equivalents under the company’s 2009 Performance Incentive Plan, with no cash changing hands in these transactions.

How many Sabra Health Care (SBRA) shares does Michael J. Foster hold after this Form 4?

After the reported transactions, Michael J. Foster directly holds 74,233 shares of Sabra Health Care common stock and indirectly holds 42,411.745 shares through a 401(k) plan, according to the Form 4 ownership figures following the May 29, 2026 transactions.

What is the 817-share acquisition reported for SBRA director Michael J. Foster?

The 817-share acquisition reflects stock units credited to Michael J. Foster as dividend equivalent payments on previously granted stock units under Sabra’s 2009 Performance Incentive Plan, which will vest and become payable on the same terms as the original stock units they track.

What does the 500-share bona fide gift mean for SBRA insider activity?

The 500-share bona fide gift is a disposition coded “G,” indicating shares were transferred without consideration as a gift. This is not an open-market sale and generally carries limited informational value about the insider’s view of Sabra Health Care stock.

What additional stock unit holdings does SBRA director Michael J. Foster have?

Footnotes show Michael J. Foster has 726 unvested stock units and 54,290 vested stock units with payment deferred. Each stock unit represents the right to receive one share of Sabra Health Care common stock, separate from his directly and indirectly held shares.

How are dividend equivalent stock units described in the SBRA Form 4 footnotes?

Dividend equivalent stock units are credited based on the market value of Sabra’s common stock on dividend payment dates and mirror dividends on previously granted stock units. These credited units vest and become payable on the same schedule and terms as the original stock units.
SEC Form 4
FORM 4UNITED 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*
FOSTER MICHAEL J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026A817(1)A$074,233D
Common Stock05/29/2026G500D$073,733(2)D
Common Stock42,411.745I401(k) Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 726 unvested stock units and 54,290 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-Fact06/02/2026
** Signature of Reporting PersonDate
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)